Energy

Oil prices steady after U.S. stockpile build

Oil prices steadied on Thursday, June 5, 2025, after falling more than 1% the previous day because of a build…

1 year ago

Oil prices drop over rising OPEC+ output

Oil prices slipped in Asian trade on Wednesday, June 4, 2025, following concerns of increasing OPEC+ output and tariff tension…

1 year ago

Oil prices rise over supply concerns

Oil prices increased on Tuesday, June 3, 2025, on concerns about supply. Iran is set to reject a United States…

1 year ago

Oil prices rise after OPEC+ sticks to output hike

Oil prices rebounded more than $1 a barrel on Monday, June 2, 2025, after producer group OPEC+ decided to increase…

1 year ago

Court permits Petrolex to advertise petition against Energy Link over $13.8m debt

The Federal High Court sitting in Lagos has granted Petrolex Oil & Gas Limited permission to advertise its petition to…

1 year ago

Oil prices drop as market targets OPEC+ output hike

Oil prices were on track for a second consecutive weekly decline on Friday, May 30, 2025, following expectations of another…

1 year ago

Chevron to sack 200 workers in Texas

Chevron is set to lay off 200 employees in Texas, the United States. The Texas Workforce Commission disclosed this on…

1 year ago

Oil prices rise as U.S. court blocks Trump’s tariffs

Oil prices increased by around $1 a barrel on Thursday, May 29, 2025, after a United States court blocked most…

1 year ago

Oil prices rise after U.S. bars Chevron’s crude exports from Venezuela

Oil prices increased on Wednesday, May 28, 2025, as investors considered supply risks after the United States barred Chevron from…

1 year ago

N2.2bn Fraud: Ex-PDP National Chairman’s son, partner to spend 14 years in prison

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, May 27, 2025, convicted and sentenced…

1 year ago

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