Tag:Oil prices

Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global oil prices linked to the ongoing Gulf conflict, with analysts warning that small and medium-sized...

Oil prices rise 10% after Iran hits Qatari gas hub

Oil and gas prices soared on Thursday, March 19, 2026, after Iran hit the world's largest liquefied natural gas (LNG) facility in Qatar and...

G7 urged to tax fossil fuel windfall profits amid surging oil prices

G7 countries were on Tuesday, March 10, 2026, urged to enact a windfall tax or tax on the excess profits of oil and gas...

Oil market imbalance set to increase as rising supply outpaces demand growth

Oil prices have been caught in the crosshairs of fast-changing market dynamics. While new sanctions on Russia and Iran threaten to impact trade flows,...

Oil climbs on supply worries, Trump tariffs check gains

Oil prices extended gains on Tuesday, February 11, 2025, amid concerns over Russian and Iranian oil supply and sanctions threats, despite worries that escalating...

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Countries pledge $3.9bn to GEF towards ambitious ninth replenishment

Donor countries have pledged an initial $3.9 billion to the Global Environment Facility (GEF) for its ninth replenishment cycle,...
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NEPL/Seplat JV commissions STEAM laboratories in Edo schools, advocates sustainability

The NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint Venture has commissioned two Science, Technology, Engineering, Arts and Mathematics...

In Oyo, battle for forests shifts from reserves to classrooms, communities

No doubt, climate change is intensifying; urban expansion is steadily consuming green spaces while insecurity is creeping further into...

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Countries pledge $3.9bn to GEF towards ambitious ninth replenishment

Donor countries have pledged an initial $3.9 billion to...

NEPL/Seplat JV commissions STEAM laboratories in Edo schools, advocates sustainability

The NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint...