Category: Energy News

With $75 Budget Benchmark, Concerns Mount as Oil Price Hovers Around $60

The drop in crude oil price will have...

Energy News

7 May 2025

Renaissance Energy shuts pipeline in Rivers after oil spill

"Renaissance Africa Energy, a Nigerian independent oil firm,...

Energy News

7 May 2025

Fresh concerns over budget 2025 as oil price drops to $59 per barrel

Nigeria's 2025 budget faces challenges as oil prices...

Energy News

6 May 2025

Oil Posts Steepest Monthly Fall Since 2021, Dangote Says ‘Okay’ with Trump’s Tariff on Urea

1. Oil prices plummeted to $61.86 (Brent crude)...

Energy News

6 May 2025

OPEC, Others to Hike Oil Production in June

- OPEC+ members will increase oil production in...

Energy News

5 May 2025

State Minister of petroleum, Lokpobiri: NNPC, Caverton, Stenabulk JV Will Ensure In-country Revenue Retention

1. The Minister of State for Petroleum Resources...

Energy News

2 May 2025

NNPCL Sacks Bala Wunti, Other Top Officials 27 Days after Kyari’s Exit

- NNPCL sacked top officials, including Bala Wunti,...

Energy News

1 May 2025

OPEC Mulls Another Oil Output Raise for June, 2025

Several OPEC members may suggest increasing oil output...

Energy News

29 Apr 2025

NNPCL Seeks To Expand Compressed Natural Gas Utilization

NNPCL's subsidiary, NGML, is set to acquire a...

Energy News

28 Apr 2025