Energy

OPEC+ maintains November oil output targets as market awaits next policy shift

OPEC+ has agreed to leave its oil production targets unchanged for November 2026, signalling that the alliance is unlikely to…

4 weeks ago

Oil prices slip as Middle East crude exports rise

Oil prices edged lower on Monday, October 5, 2026, as rising Middle East crude exports boosted supplies amid the United…

4 weeks ago

FG approves N185bn to clear gas debts

The Federal Government says the National Economic Council (NEC) has approved N185 billion to settle validated legacy debts owed to…

4 weeks ago

Oil prices steady as traders weigh US-Iran tensions, Middle East supplies

Oil prices were little changed on Friday, October 2, 2026, as investors weighed the risk of renewed tensions between the…

4 weeks ago

Oil prices steady as traders weigh US-Iran diplomacy

Oil prices held firm on Thursday, October 1, 2026, as investors assessed renewed United States-Iran diplomatic efforts to end the…

4 weeks ago

Oil prices rise after Trump denies move to ease Iran sanctions

Oil prices rose on Wednesday, September 30, 2026, after United States President Donald Trump denied he would be willing to…

1 month ago

NNPC adopts technical equity model for refinery rehabilitation

The Nigerian National Petroleum Company (NNPC) Limited says it is pursuing technical equity partnerships with experienced refinery operators to ensure…

1 month ago

NNPC posts N7.2trn profit, declares N5.8trn dividend as oil production hits 5-year high

The Nigerian National Petroleum Company (NNPC) Limited has announced a 33 per cent increase in profit after tax to N7.2…

1 month ago

Oil prices rise as US-Iran peace talks hit stalemate

Oil prices rebounded more than 1% on ‌Monday, September 28, 2026, after United States President Donald Trump rejected a peace…

1 month ago

EKEDC leads as DisCos generate N205.53bn revenue in one month

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity distribution companies (DisCos) collected N205.53 billion out of N250.79 billion billed customers…

1 month ago

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