Energy

NNPC targets $60bn investment, 600tcf gas reserves

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced an ambitious plan to grow the nation’s gas reserves from…

7 months ago

Oil prices set for steepest weekly fall in 6 months

Oil prices fell on Friday, March 27, 2026, and were on track for the steepest weekly decline in six months…

7 months ago

Dangote refinery reduces ex-gantry petrol price

Dangote Petroleum Refinery has announced a reduction in its petrol price, lowering the ex-gantry rate to N1,200 per litre from…

7 months ago

Oil prices rise as investors review Middle East ceasefire prospects

Oil prices rose about 2% on Thursday, March 26, 2026, clawing back losses ‌from the previous session on concerns that…

7 months ago

Oil prices drop below $100 after US offers 15-point ceasefire plan to Iran

Oil prices fell around 4% on Wednesday, March 25, 2026, on the prospect of a possible ceasefire easing supply disruptions…

7 months ago

Oil prices rise after Iran denies US talks

Oil prices rose on supply fears on Tuesday, March 24, 2026, as Iran denied it had talks with the United…

7 months ago

Oil prices slip after Trump halts Iran energy strikes

Oil prices dropped about 8% on Monday, March 23, 2026, after United States President Donald Trump said he would postpone…

7 months ago

Oil prices rise as investors weigh US, Iran threats

Oil prices rose on Monday, March 23, 2026, as investors weighed rising United States and Iranian threats over energy facilities…

7 months ago

NLC rejects N6trn bailout, demands energy sector reform

The Nigeria Labour Congress (NLC) has rejected the proposed N6 trillion bailout for power generation companies, saying repeated financial interventions…

7 months ago

Oil prices drop as US, allies set to boost supply

Oil prices fell on ​Friday, March 20, 2026, as leading European nations and Japan offered to join efforts to secure…

8 months ago

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