Oil & Gas

Oil & Gas

Nigeria’s crude output hits highest level since 2020

Plu Team -
Nigeria’s crude oil production has climbed to its highest level in over six years,...
Business & Economy

Oil prices jump 5% after Trump declares Iran ceasefire “over”

Plu Team -
U.S. President Donald Trump said Wednesday that the ceasefire between the United States and...
Latest News

Nigerian petrol prices projected at N800 following Dangote deal

Plu Team -
Motorists across Nigeria could see significant relief at the pumps, with fuel prices projected...
Oil & Gas

Nigeria joins U.S., Qatar and Algeria to oppose EU methane rules

Anietie Umoren -
Nigeria has joined the United States, Qatar and Algeria in urging the European Union...
Business & Economy

Oil falls after Iran talks, but Nigerians still pay over N1,300 for petrol

Plu Team -
Global crude oil prices have fallen to their lowest levels since the outbreak of...
Latest News

Dangote refinery denies Togo export-and-reimport scheme amid price debate

Plu Team -
Dangote Petroleum Refinery has refuted reports suggesting that its petroleum products are exported to...
Pollution

Shell knew pipeline poisoned Nigerian communities, but kept pumping anyway

Ubong Ekott -
Internal company documents disclosed in a UK court case suggest that oil giant Shell...
Oil & Gas

Fresh cooking gas spike fuels anger over energy poverty in gas-rich Nigeria

Ubong Ekott -
Nigeria’s fresh cooking gas crisis is again exposing one of the country’s deepest contradictions:...
Oil & Gas

UAE leaves OPEC, a hit on Nigeria and other oil producers

Ubong Ekott -
The United Arab Emirates said on Tuesday it was leaving the oil producers group...
Oil & Gas

Oil slumps as U.S. and Iran agree on ceasefire

Plu Team -
Global oil markets plunged sharply on Wednesday after a sudden geopolitical de-escalation between the...
Africa

As oil prices rise, South Africa intervenes while Nigeria holds back

Plu Team -
South Africa has announced temporary fuel relief measures to cushion households and businesses from...
Oil & Gas

Oil surges past $110 after strikes on Iran, Qatar gas fields

Plu Team -
Global oil prices climbed above $110 a barrel on Thursday after fresh strikes on...
Oil & Gas

Oil rises again despite record reserve release as Iran attacks continue

Plu Team -
Oil prices climbed on Thursday as renewed attacks on energy and shipping infrastructure across...
Oil & Gas

Dangote Refinery cuts petrol price by N100 as global oil prices ease

Plu Team -
Dangote Petroleum Refinery has reduced the depot price of petrol by ₦100 per litre...
Consumer

Petrol prices jump nearly 30% in Nigeria since January

Eric Ojo -
Petrol prices in Nigeria have surged by nearly 30% since late January, driven first...
Commodities

Oil surges past $100 for first time in four years amid Iran war

Plu Team -
Global oil prices climbed sharply on Sunday, breaking above $100 per barrel for the...
Markets & Investing

Oil and gas stocks lead Nigerian market as Iran war lifts crude prices

Olawale Afolabi -
Nigeria’s stock market rose last week as a surge in global oil prices, triggered...
Oil & Gas

Tinubu meets Eni as Nigeria resolves OPL 245 dispute behind historic oil corruption trial

Plu Team -
President Bola Ahmed Tinubu and Claudio Descalzi, chief executive of Italian energy giant Eni,...
Consumer

Nigerian fuel marketers promptly raise petrol prices over Iran war

Plu Team -
Nigerians are paying sharply higher prices for petrol after a spike in global crude...
Commodities

Oil prices surge as Iran war widens across Middle East

Plu Team -
Global oil prices spiked sharply Sunday night after the United States and Israel launched...
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