Energy

Dangote refinery imports first UAE crude as global oil supply rises

Dangote Petroleum Refinery has expanded its crude sourcing with its first-ever purchases from the Abu Dhabi National Oil Company (ADNOC),…

4 weeks ago

Oil prices rise amid uncertainty over US-Iran peace talks

Oil prices rose on Wednesday on concerns breakdowns in ‌discussions between then United States and Iran for a final agreement…

4 weeks ago

Oil prices drop as investors eye US-Iran talks in Qatar

Oil prices ‌dipped on Tuesday and were poised for a monthly decline, with investors eyeing potential United States-Iran talks in…

1 month ago

Middle East war: FG orders marketers to reduce petrol prices

The Federal Government has directed petroleum marketers to immediately reflect the recent decline in global oil prices by reducing the…

1 month ago

Oil prices rise as fresh US-Iran strikes renew fears over Hormuz shipping

Oil prices edged higher on Monday, June 29, 2026, after renewed exchanges of strikes between the United States and Iran…

1 month ago

Oil prices drop amid resumption of Hormuz shipments

Oil prices sank 2% on Friday and were headed for steep ‌weekly losses amid easing supply concerns as more stranded…

1 month ago

Dangote refinery reduces petrol gantry price

Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as…

1 month ago

Oil prices fall to lowest level since US-Iran war began

Oil prices extended their losses on Thursday, June 25, 2026, falling to levels close to those recorded before the outbreak…

1 month ago

Oil prices near four month-low amid crude flows via Hormuz

Oil prices fell more than 1% ​on Wednesday, June 24, 2026, extending this week's losses to trade near four-month lows…

1 month ago

Nigeria’s gross gas output rises to 7.63bn

Nigeria’s gross gas production has risen to 7.63 billion standard cubic feet per day from about 6.83 billion standard cubic…

1 month ago

This website uses cookies.