Energy
NEITI Conducts Nationwide Audit for Transparency in Oil, Gas, and Mining Sectors
The Nigeria Extractive Industries Transparency Initiative (NEITI) has embarked on a nationwide audit of oil, gas, and mining companies with...
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Prices Decline Amid Weak Fuel Demand and Strong Dollar
Oil prices experienced further declines on Monday, driven by indications of sluggish fuel demand and comments from U.S. Federal Reserve...
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Oil Prices Rise on Strong Demand Data and Middle East Tensions
Oil prices experienced a boost on Friday, heading for a weekly gain, driven by positive demand data from the United...
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Energy Commission Unveils National Policy and Master Plan
The Director-General/CEO of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, played host to a distinguished gathering at the official...
Read moreOil Prices Rise on Falling U.S. Inventories and Increased Chinese Imports
Oil prices experienced an upward surge on Thursday, buoyed by declining U.S. crude inventories alongside a rise in refinery intake...
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Oil Prices Rise as Israel Strikes Gaza Amid Ceasefire Talks
Oil prices saw a modest uptick on Tuesday following Israel's strike on Rafah in Gaza, while negotiations for a ceasefire...
Read moreOil Prices Rise as Saudi Arabia Hikes June Crude Prices Amid Geopolitical Tensions
Oil futures saw an uptick on Monday following Saudi Arabia's decision to increase June crude prices for most regions. The...
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Federal Government Defends Electricity Tariff Hike Despite Labour Opposition
The Federal Government has stood firm in its defense of the recent electricity tariff hike and the removal of subsidies...
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ExxonMobil’s Assets Sales To Seplat: $1.28bn Deal to Wind Up in Less Than 14 Days
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signaled that the sale of ExxonMobil's Nigerian petroleum assets to Nigeria's Seplat...
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Oil prices set for steepest weekly drop in 3 months
Oil prices edged up on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for...
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