Energy

Oil prices fall amid Iran-Oman talks to reopen Hormuz

Oil prices fell more than $2 a barrel on Wednesday, August 26, 2026, as talks between Iran and Oman ‌revived…

2 months ago

Nigeria’s petrol supply, consumption drop in July ― NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has recorded a decline in fuel supply and consumption in July…

2 months ago

Oil prices steady as investors weigh fresh US sanctions on Iran

Oil prices recovered ground on ​Tuesday, August 25, 2026, after settling down more than 2% in the previous session, with…

2 months ago

NNPC, partners sign agreements for $21bn Bonga Southwest project

The Nigerian National Petroleum Company (NNPC) Limited and its partners on Oil Mining Lease 118 have signed key commercial agreements…

2 months ago

Oil prices drop as US set to unveil new Iran sanctions

Oil prices slipped more than $1 a barrel on Monday, August 24, 2026, as investors took profits ahead of ‌an…

2 months ago

Oil prices set for second weekly rise as US-Iran war disrupts supply

Oil prices fell slightly on Friday, August 21, 2026, but were on track for a second weekly rise as the…

2 months ago

Japan pledges N20bn to boost Nigeria’s national grid

The Government of Japan, through the Japan International Cooperation Agency (JICA), has committed N20 billion to the expansion and rehabilitation…

2 months ago

Oil prices rise as Hormuz export uncertainty deepens

Oil prices rose for a fourth consecutive session on Wednesday, August 19, 2026, as uncertainty over the status of the…

2 months ago

Dangote refinery seals $1bn backing ahead of planned IPO

Dangote Petroleum Refinery & Petrochemicals has secured a $1 billion underwriting programme ahead of its planned Initial Public Offering (IPO),…

2 months ago

Oil prices rise as US-Iran peace talks stall, Hormuz shipping drops

Oil prices rose on Monday, August 17, 2026, as fading expectations of a United States-Iran peace breakthrough and slower tanker…

3 months ago

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