Energy
Oil Prices Decline for Second Consecutive Day Amid Surging U.S. Crude Stockpiles
Oil prices experienced a downward trend for a second consecutive day on Wednesday following reports of a significant surge in...
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FG Plans N300 Billion Procurement for Prepaid Meters
In a bid to address Nigeria's significant metering gap, the Federal Government has announced plans to procure 12.5 million prepaid...
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Nigeria’s Crude Oil Production Declines by 6.33% in February: NUPRC Report
According to data released by the Nigerian Upstream Regulatory Commission (NUPRC), Nigeria's average crude oil production, including condensates, experienced a...
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Oil Prices Slip Amid Possibility of Gaza Ceasefire and Stronger Dollar
Oil prices experienced a decline on Friday due to several factors, including the potential for a ceasefire in Gaza, a...
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Oil rebounds after surprise drop in US crude, gasoline stocks
Oil prices rebounded on Thursday as reports of drawdowns in U.S. crude and gasoline stocks provided support, countering concerns over...
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Petrol Prices Surge by 157.57% Year-on-Year, Hits N679.36 per Litre in February 2024
The national average price of Premium Motor Spirit (PMS), commonly known as petrol, witnessed a significant increase year-on-year, rising by...
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NNPC CEO Mele Kyari Announces Anticipated Public Listing of Company’s Shares
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), revealed yesterday that the long-awaited...
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TCN Enhances Power Transmission in Port Harcourt with New Transformer Installation
The Transmission Company of Nigeria (TCN) has announced the commissioning of a 100MVA 132/33kV power transformer at its Port Harcourt...
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Oil Prices Dip as Dollar Strengthens and Traders Take Profits
Oil prices experienced a slight decline on Wednesday, influenced by a stronger dollar and profit-taking activities following recent multi-month highs....
Read moreOil Prices Rise Amid Supply Risks and Attacks on Russian Energy Infrastructure
Oil prices continued to climb in Asian trade on Monday, building on gains from the previous week as concerns over...
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