Energy
Oil Prices Rebound as Middle East Tensions Rise Following Assassination of Hamas Leader
Oil futures saw a significant rebound on Wednesday, rising more than $1 a barrel from seven-week lows. This uptick followed...
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NNPC Aims for 2 Million Barrels Per Day Crude Oil Production by Year-End
The Nigerian National Petroleum Company Limited (NNPC) has set an ambitious target to boost the country’s crude oil production to...
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SEC Director General Advocates for Green Economy Transition at 2024 Oriental News Summit
Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called for a shift towards a green...
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Oil Prices Surge Amidst Middle East Tensions Following Rocket Strike
Oil prices increased on Monday, recovering some of the losses from the previous week, driven by concerns over escalating tensions...
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Oil Prices Dip Amid Weak Chinese Demand, Balanced by U.S. Inventory Decline
Economic Indicators Show Mixed Signals for Global Oil Market On Wednesday, oil prices saw a modest decline as global benchmark...
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Oil Prices Slide Amid Concerns Over Cooling U.S. Economy
Oil prices saw a decline in early trading on Thursday as fresh economic data from the United States pointed to...
Read moreOil Prices Steady as Investors Await U.S. Consumer Price Data Amid Strong Summer Demand
Oil prices remained stable on Tuesday following a rise in the previous session, with investors showing caution ahead of the...
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Crude Oil Production Hits Three-Month High in May
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria's crude oil production, including condensates, rose to a...
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Funding for 20 Modular Refineries in Nigeria Stalled Due to Crude Oil Supply Guarantee Issues
International financiers, who were set to fund the construction of approximately 20 modular refineries in Nigeria, have withheld their funds...
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Power Distribution Companies Earn N292.71bn in Q1 Despite Consumer Complaints and Debt Issues
Power distribution companies in Nigeria generated a total revenue of N292.71 billion in the first quarter of this year, even...
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