Energy

Oil prices drop after Trump hints at breakthrough in US–Iran talks

Oil prices fell nearly 5% on Monday, February 2, 2026, and were heading for the steepest single-session decline in more…

1 month ago

Oil prices drop as Trump mulls dialogue with Iran over nuclear deal

Oil prices slipped on Friday, January 30, 2026, on signs the United States may engage in dialogue with Iran over…

2 months ago

Russia’s oil firm Lukoil to sell foreign assets to US Carlyle Group

United States private equity firm Carlyle Group has agreed to buy most of Lukoil's foreign assets, initially valued at $22…

2 months ago

Oil prices hit 4-month high after Trump’s threats against Iran

Oil prices rose to their highest since ​late September on Thursday, January 28, 2026, on looming Iran concerns, supported by…

2 months ago

Oil prices slip as investors eye Kazakhstan supply resumption

Oil prices fell on Tuesday, January 27, 2026, as investors kept an eye on a resumption in supply from Kazakhstan.…

2 months ago

Oil prices drop over supply concerns

Oil prices dropped on Monday, January 26, 2026, after climbing more than 2% in the previous session. This follows supply…

2 months ago

Petrol, diesel, cooking gas prices’ll continue to fall — FG

The Federal Government says the prices of petrol, diesel, and Liquefied Petroleum Gas (LPG), fondly called cooking gas, will continue…

2 months ago

Chevron completes Awodi‑07 oil well in Niger Delta

Chevron Nigeria has announced the successful completion of the Awodi‑07 appraisal and exploration well in the offshore area within the…

2 months ago

Oil prices rise over Trump’s renewed attack on Iran

Oil prices rebounded on Friday, January 23, 2026, after United States President Donald Trump renewed threats against Iran, raising concerns…

2 months ago

‘Extortion not allowed’: FG warns DisCos, bans meter installation charges

The Federal Government has directed electricity distribution companies to stop charging customers for meter installation, warning that any official caught…

2 months ago

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