Energy

Oil prices fall as Trump vows US aid for stranded vessels in Hormuz

Oil prices eased on Monday, May 4, 2026, after President ‌Donald Trump said the United States would begin an effort…

1 month ago

Oil prices rise amid Strait of Hormuz closure

Oil prices rose on Friday, May 1, 2026, as efforts to resolve the Iran war remained at an impasse, with…

2 months ago

NNPC completes River Niger crossing of OB3 gas pipeline

The Nigerian National Petroleum Company (NNPC) Limited has completed the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben (OB3) gas pipeline.…

2 months ago

Oil price rises above $120 as US mulls military strikes on Iran

Oil prices rose as much as 7% on Thursday on a report the United States is considering potential military action…

2 months ago

Oil prices rise as US eyes prolonged Iran blockade

Oil prices rose on ‌Wednesday, April 29, 2026, on reports the United States will extend its blockade of Iranian ports.…

2 months ago

Oil prices soar after UAE exits OPEC, OPEC+

Oil prices rose more than 3% on Tuesday as stalled efforts to end the Iran war kept ‌the Strait of…

2 months ago

Oil prices rise above $100 amid Hormuz closure

Oil prices rose 1% on Tuesday, April 28, 2026, ‌as efforts to end the United States-Iran war appear stalled, with…

2 months ago

The great Amukpe-Escravos Pipeline revival, By Crispin Oduobuk

Forget the sanitised press releases. Here is what is unfolding around the Amukpe-Escravos Pipeline (AEP). There are disputes, and then…

2 months ago

Oil prices rise as US-Iran peace talks stall

Oil prices extended gains on Monday, April 27, 2026, rising nearly ‌2% peace talks between the United States and Iran…

2 months ago

Oil prices rise over military tensions in Middle East

Oil prices rose on Friday, April 24, 2026, over fears of a renewed military escalation in the Middle East. Brent…

2 months ago

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