Energy
Nigeria’s Crude Oil Production Rises for Fifth Consecutive Month to 1.57 mb/d in August
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s crude oil production, including condensates, increased for the...
Read more
Nigeria’s Crude Oil Production Increases by 36,983 bpd in August Amid Intensified Fight Against Oil Theft
Nigeria’s crude oil and condensate production saw a slight increase in August 2024, rising by 36,983 barrels per day (bpd)...
Read more
Oil Prices Climb as Hurricane Francine Disrupts Gulf of Mexico Output
Oil prices surged on Friday, continuing a rally sparked by production disruptions in the U.S. Gulf of Mexico as Hurricane...
Read moreNigeria’s Crude Oil Production Rises to 1.352mbpd in August, OPEC Report Shows
Nigeria’s crude oil production increased marginally from 1.307 million barrels per day (mbpd) in July to 1.352mbpd in August 2024,...
Read more
Oil Prices Edge Higher Amid Hurricane Francine Disruptions in U.S. Production
Oil prices climbed during Asian trade on Thursday, driven by concerns over Hurricane Francine's impact on U.S. oil production, the...
Read more
Oil Prices Recover Amid Hurricane Concerns Despite Global Demand Fears
Oil prices edged higher on Wednesday, recovering some of the losses from the previous day, as market participants focused on...
Read more
Government Ramps Up Efforts to Stabilize Power Supply Amid DisCos’ Capacity Challenges
Nigeria’s electricity distribution companies (DisCos) have struggled to absorb the full power generation capacity, highlighting a significant bottleneck in the...
Read more
NNPCL Admits Financial Strain Could Disrupt Petrol Supply as Debt Reaches $6 Billion
Nigeria National Petroleum Company Limited (NNPCL) has acknowledged that its ongoing financial challenges may jeopardize the sustainability of petrol supply...
Read more
Minister of State for Petroleum to Address Soaring Cooking Gas Prices Amid Federal Government’s LPG Distribution Initiative
The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has vowed to tackle the escalating prices of Liquefied...
Read moreNNPC Ltd Begins LNG Shipments to Japan and China, Expanding Global Market Presence
The Nigerian National Petroleum Company Limited (NNPC Ltd) is making significant strides in expanding its global market footprint by venturing...
Read more
Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.