Department of Energy cancels another $7.6bn in energy project funding
Photo caption: White House. Credit: Oilprice.com The U.S. Department of Energy has canceled $7.6 billion in funding for previously approved energy projects on the
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Oil prices rise on Russian sanctions risk
Photo caption: Oil facility In early Asian trade on Thursday, oil prices recovered slightly from 16-week lows, with WTI rising to $62.09 and Brent
Senegal aims to start construction of new refinery next year
Photo caption: A refinery Senegal plans to start construction of a second oil refinery next year to boost domestic processing capacity, and is seeking
Oil edges lower for fourth day on oversupply concerns
Photo caption: Oil Oil prices edged lower on Thursday, extending a run of declines into a fourth day due to concerns about oversupply in
2027: EU urges swift action on Nigeria’s electoral reforms
Photo caption: Chief of the EU Election Observation Follow-up Mission to Nigeria, Barry Andrews (R) and other members of the mission. Photo: INEC The European
No agreement signed with Dangote Refinery, strike may resume – PENGASSAN
Photo caption: President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo The Petroleum and Natural Gas Senior Staff Association of
Nigeria’s eight-month debt service bill hits $2.86bn – CBN
Photo caption: CBN Governor, Olayemi Cardoso. Photo credit: CBN / X Nigeria spent a total of $2.86bn servicing external debt in the first eight months
FG woos investors with 200,000bpd, $5.5bn oil sector gains
Photo caption: Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri The Federal Government has said recent divestments by International Oil Companies have
Nigeria-Morocco $25bn gas project company officially established
Photo caption: Pipeline The ambitious Nigeria-Morocco Gas Pipeline project, estimated to cost $25bn, is advancing rapidly with the creation of a dedicated project company
Fubara sacks commissioners, others
Photo caption: Gov. Siminalayi Fubara Rivers State Governor, Siminalayi Fubara, has sacked all commissioners and other public office holders serving in his administration. The
