Energy

Oil prices drop amid OPEC+ supply hike

Oil prices dropped for a fourth consecutive session on Friday, May 23, 2025, and were set for their first weekly…

1 year ago

Tinubu to NNPC board: Explore all options for Nigeria’s development

President Bola Tinubu has urged the new Nigerian National Petroleum Company (NNPC) Limited board to consolidate the gains of the…

1 year ago

Dangote refinery reduces petrol price by N15 across Nigeria

Dangote Petroleum Refinery and Petrochemicals has announced another reduction of N15 in the price of its Premium Motor Spirit (PMS),…

1 year ago

Oil prices fall over OPEC+ output hike

Oil prices dropped by more than 1% on Thursday, May 22, 2025, following a report that OPEC+ is discussing a…

1 year ago

Dangote refinery partners U.S. firm Vinmar on polypropylene export

Dangote Petroleum Refinery and Petrochemicals has announced a partnership with Premier Product Marketing, a Vinmar company, to bring Dangote polypropylene…

1 year ago

Oil prices rise over Israel’s planned attack on Iran

Oil prices increased more than 1% on Wednesday, May 21, 2025, after reports Israel is preparing a strike on Iranian…

1 year ago

TCN begins reconstruction of collapsed towers on Kainji-Birnin Kebbi line

The Transmission Company of Nigeria (TCN) has begun reconstruction works on three collapsed towers along the 330kV Kainji-Birnin Kebbi transmission…

1 year ago

Oil prices fall to $65.48/barrel

Oil prices barely moved on Tuesday, May 20, 2025, as traders weighed the impact on supply from a possible breakdown…

1 year ago

‘National interest’ll always guide our operations’: Dangote refinery pledges petrol price stability

Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to maintaining stable petrol prices as global crude oil prices continue…

1 year ago

Dangote: I wouldn’t have built refinery if I understood challenges involved

The President of Dangote Group, Aliko Dangote, says the scale of his refinery in Lagos State was more than initial…

1 year ago

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