Oil Prices Weekly Decline Deepens Ahead OPEC+ Boost
Crude oil prices are set for another weekly decline following news that OPEC+ was planning to boost production by another 411,000 barrels daily in July.
Meanwhile, a court ruling that blocked Trump’s tariffs has been paused after!-->!-->!-->!-->!-->…
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Host communities give NNPC ultimatum to suspend oil production
Host communities in the Niger Delta region have threatened to ground Nigeria’s crude oil production over a prolonged dispute with Nigerian National Petroleum Company Exploration & Production Limited (NEPL) and its partners.
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Fraudulent Contracts: Group Plans Protest Against Kyari
Coalition of over twenty advocacy groups under umbrella of Civil Society Coalition for Energy Transparency and Development in Nigeria (CSCEDN) have concluded arrangements to mobilise its members to headquarters of Nigerian National!-->!-->!-->…
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Nigerians dump NNPC filling stations over petrol price
Nigerians have dumped the Nigerian National Petroleum Company Limited (NNPC) retail outlets over high prices of premium motor spirits.
A DAILY POST correspondent who went round major NNPC retail outlets in Abuja observed low!-->!-->!-->!-->!-->…
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Tinubu Seeks $21.5bn Loan, ₦758bn Bond to Fund Infrastructure and Settle Pension Arrears
According to reports by Vanguard, President Bola Tinubu has formally approached the House of Representatives for approval of a comprehensive borrowing package, which includes over $21.5 billion in external loans and a ₦757.9 billion!-->!-->!-->…
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Ex-CBN director lauds Dangote Refinery for reducing petrol price
Dr. Titus Okunronmu, a former Director, Budgetary Department of Central Bank of Nigeria (CBN), has commended the Dangote Refinery for reducing pump price of petrol from N885 to N870.
Okunronmu made the commendation in an interview!-->!-->!-->!-->!-->…
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Nigeria: Raise taxes to access $750m loan – World Bank
The federal government of Nigeria is still seeking over $500 million loan from the World Bank
The World Bank has urged the Federal Government to issue a presidential order increasing excise duties on certain goods to increase its!-->!-->!-->…
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Shell sees bright future for Nigerian companies in offshore developments
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) says Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects.
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Shell Nigeria Gas engages stakeholders on deepening gas distribution
L-R: Manager, Strategy and Sustainability, NNPC Gas Marketing Limited (NGML) Daniel Aso; Team Lead on Gas, Office of The Special Adviser to The President on Energy, Lateef Biobaku; Managing Director, Shell Nigeria Exploration and!-->…
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Angolan President João Lourenço Selected as ‘Energy Person of the Year’
By A Special Correspondent
Angola’s President João Lourenço has been selected as the ‘Energy Person of the Year’ by the African Energy Chamber (AEC), in recognition of his drive for good governance, commitment to reform and work to!-->!-->!-->!-->!-->…
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