Energy

Oil prices set for second weekly rise as US-Iran war disrupts supply

Oil prices fell slightly on Friday, August 21, 2026, but were on track for a second weekly rise as the…

4 weeks ago

Japan pledges N20bn to boost Nigeria’s national grid

The Government of Japan, through the Japan International Cooperation Agency (JICA), has committed N20 billion to the expansion and rehabilitation…

4 weeks ago

Oil prices rise as Hormuz export uncertainty deepens

Oil prices rose for a fourth consecutive session on Wednesday, August 19, 2026, as uncertainty over the status of the…

4 weeks ago

Dangote refinery seals $1bn backing ahead of planned IPO

Dangote Petroleum Refinery & Petrochemicals has secured a $1 billion underwriting programme ahead of its planned Initial Public Offering (IPO),…

4 weeks ago

Oil prices rise as US-Iran peace talks stall, Hormuz shipping drops

Oil prices rose on Monday, August 17, 2026, as fading expectations of a United States-Iran peace breakthrough and slower tanker…

4 weeks ago

Oil prices rise after US threatens indefinite blockade of Iran

Oil prices rose on Friday and were on track for weekly gains after the United States threatened an indefinite naval…

1 month ago

Oil prices drop as weaker demand outlook counters Middle East supply concerns

Oil prices dipped on Thursday, August 13, 2026, as investors assessed prospects for weaker global demand in 2026. Brent futures…

1 month ago

Again, OPEC reduces 2026 oil demand outlook, raises 2027 forecast

The Organization of the Petroleum Exporting Countries (OPEC) has lowered its global oil demand growth forecast for 2026 for the…

1 month ago

FG mulls new crude pricing, supply rules to boost Dangote, other refineries

The Federal Government is considering changes to its crude oil allocation and pricing framework to improve access to feedstock for…

1 month ago

Oil prices rise as hopes for US-Iran peace deal fade

Oil prices rose on ​Wednesday, August 12, 2026, as doubts about a United States-Iran peace deal and attacks on two…

1 month ago

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