Energy

Oil price rises to $68.21/barrel

Oil prices increased on Thursday, June 26, 2025, extending gains from the previous day as a larger-than-expected draw in United…

12 months ago

‘I voluntarily submitted myself’: Ex-NNPC CFO denies EFCC’s arrest over $7.2bn fraud

The former Chief Finance Officer (CFO) of the Nigeria National Petroleum Company (NNPC) Limited, Umar Isa, has denied the claim…

12 months ago

Oil prices rise as investors assess Iran-Israel ceasefire

Oil prices increased on Wednesday, June 25, 2025, as investors assessed the stability of a ceasefire between Iran and Israel.…

12 months ago

Oil prices drop as Trump announces Israel-Iran ceasefire

Oil prices fell sharply to their lowest in more than a week on Tuesday, June 24, 2025, as United States…

12 months ago

NNPC increases petrol price to N915/litre in Lagos, N945/litre in Abuja

The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of Premium Motor Spirit, fondly called petrol, by…

12 months ago

Oil prices rise to 5-month high after U.S. bombs Iran’s nuclear sites

Oil prices, on Monday, June 23, 2025, rose to their highest since January as the United States' weekend move to…

12 months ago

Soneye resigns as NNPC spokesman

The Chief Corporate Communications Officer of the Nigerian National Petroleum Company (NNPC) Limited, Olufemi Soneye, has resigned from his position.…

12 months ago

Oil prices drop after U.S. delays decision on Israel-Iran war involvement

Oil prices dropped on Friday, June 20, 2025, after the United States Government delayed a decision on U.S. involvement in…

1 year ago

Oil prices drop as investors consider U.S. intervention in Iran-Israel conflict

Oil prices fell on Thursday, June 19, 2025, with investors hesitating to take new positions after United States President Donald…

1 year ago

Oil price hits $76.71/barrel as Iran-Israel conflict enters sixth day

Oil prices rose on Wednesday, June 18, 2025, extending a 4% gain from the previous session on worries that the…

1 year ago

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