Energy

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.…

1 year 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

Oil prices rise over Iran-Israel conflict

Oil prices increased on Tuesday, June 17, 2025, on concerns the Iran-Israel conflict may intensify. The conflict raised the risk…

1 year ago

Oil prices rise as Israel-Iran conflict escalates

Oil prices increased on Monday, June 16, 2025, as renewed strikes by Israel and Iran over the weekend increased concerns…

1 year ago

Dangote refinery announces free nationwide fuel distribution

Dangote Petroleum Refinery has announced the commencement of the nationwide distribution of petrol and diesel in the country. Effective August…

1 year ago

EFCC declares Seun Ogunbambo wanted over N976.6m oil subsidy fraud

The Economic and Financial Crimes Commission (EFCC) has declared the Managing Director of Fargo Petroleum and Gas Limited, Seun Ogunbambo,…

1 year ago

Oil prices hit 5-month high after Israel’s strikes on Iran

Oil prices increased more than 7% on Friday, June 13, 2025, trading near multi-month highs after Israel launched widescale strikes…

1 year ago

NNPC generates N5.8trn revenue, N748bn profit in April

The Nigerian National Petroleum Company Limited (NNPC Limited) has announced that it generated a revenue of N5.89 trillion and a…

1 year ago

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