Average price for petrol drops, kerosene increases, NBS reports
The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 percent year-on-year, the Nigeria Bureau of ...
Thursday, June 25, 2026
Tag: Oil & gas
Balanced oil market in sight, OPEC’s Barkindo assures
Mohammad Barkindo, OPEC Secretary-General said Thursday there is no doubt that in the wake of efforts by global oil producers to ...
Congo Republic reforms state oil firm, seeks bailout
Congo Republic plans to replace the board of directors and appoint an audit committee at state oil company SNPC, as ...
Global LNG capacity set to grow amid supply security concerns, says IEA
The global market for liquefied natural gas is growing with almost 200 billion cubic metres of new capacity expected within ...
Goldman sees geopolitics haunting oil again with unclear effects
The oil market is grappling with intensifying geopolitical risks as uncertainty swirls over the impact of tensions surrounding nations such ...
It’s a dangerous moment for OPEC
Oil prices are recovering. U.S. storm damage and strengthening economies may have finally dislodged sentiment away from resignation to a ...
Oil holds gains above $50 as OPEC, Russia signal cuts working
Oil held gains above $50 a barrel as OPEC and Russia said they were well on the way to clearing a ...
Aiteo shuts Nembe creek trunk line over leakage – official
Aiteo Eastern Exploration and Production Company Friday said it had shut its Nembe Creek Trunk Line (NCTL) for emergency repairs ...
Competition heightens in LNG market as Equatorial Guinea signs sales, infrastructure MoU with Burkina Faso
The MoU also calls for Equatorial Guinea to explore and produce oil and gas in Burkina Faso... Competition is heightening ...
Saudis may raise domestic gasoline by 80% to equal international prices
Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, ...
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