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News

Nigeria Slashes Petrol Imports by 85%, Consumes 10.2bn Litres in Six Months

In a significant economic pivot in Nigeria’s downstream...

Energy News

20 Apr 2026

Oil Tankers Come Under Fire as Iran Reimposes Restrictions on Strait of Hormuz

Tension has surged once again in the Middle...

Energy News

19 Apr 2026

Oil Prices Fall 11% as Iran Reopens Strait of Hormuz to Global Shipping

The price of oil plunged sharply and two...

Energy News

18 Apr 2026

Breaking: China Moves to Expand Oil Stockpiles Against Global Supply Shocks

China is set to extend its oil stockpiling...

Energy News

17 Apr 2026

NNPCL must account for N210trn by April 29, Senate insists

The Senate has issued a directive to the...

Energy News

16 Apr 2026

US-Iran war triggers jet fuel crisis, pushes local airfares to N135,000 from N92,000

Escalating tensions from the US–Iran conflict have spiked...

Energy News

15 Apr 2026

Nigeria, Morocco advance $25bn transcontinental gas pipeline deal

Nigeria and Morocco are set to take a...

Energy News

14 Apr 2026

NNPC’s February Revenue Rises 4.2% to N2.68tn, Profit Slumps by 64.7%

The Nigerian National Petroleum Company Limited (NNPCL) recorded...

Energy News

12 Apr 2026

Oil Tumbles to $92 after Trump Announced Two-week Ceasefire

Oil tumbled to $92 a barrel yesterday after...

Energy News

9 Apr 2026