Energy

Oil prices slip amid Russia-Ukraine peace deal talks

Oil prices fell on Tuesday, December 16, 2025, as prospects for a Russia-Ukraine peace deal appeared to strengthen. This raised…

1 month ago

Dangote: NMDPRA approved ‘reckless’ licences to import 7.5bn litres of petrol

The President of the Dangote Group, Aliko Dangote, has accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of…

1 month ago

Dangote: Petrol’ll sell for N740/litre in Lagos from Tuesday

The President of Dangote Group, Aliko Dangote, says Premium Motor Spirit (PMS), fondly called petrol, would sell at no more…

1 month ago

Oil prices rise over Venezuelan supply disruptions

Oil prices rose on Monday, December 15, 2025, as supply disruptions linked to escalating United States-Venezuela tensions outweighed oversupply worries…

2 months ago

Yuletide: Dangote refinery reduces petrol price to N699

Dangote Refinery has slashed its ex-depot petrol price to N699 per litre, down from N828, in a move aimed at…

2 months ago

Oil prices near 2-week high as investors eye US interest rate cut

Oil prices hovered at a two-week high on Monday, December 8, 2025, as investors expect a likely United States Federal…

2 months ago

Chevron joins Nigeria oil licence auction, plans rig deployment in 2026

Chevron has announced it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig in…

2 months ago

‘There’ll be no queues’: Dangote assures of stable fuel supply ahead of Christmas

The President of Dangote Group, Aliko Dangote, ‎says the era of fuel queues during yuletide is gone, assuring that increased…

2 months ago

Chevron’s Gorgon LNG secures $2bn investment nod

The Australian unit of United States oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture…

2 months ago

FG approves $128m gas debt payment to boost power supply

The Federal Government has approved the payment of N185 billion ($128 million) to settle longstanding debts owed to gas suppliers…

2 months ago

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