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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Decade of Gas: Nigeria’s gas production surges to 7.5bcf/d, targets 12bcf/d by 2030 – Ubong

The Coordinating Director of the Decade of Gas Secretariat, Mr. Ed Ubong, has disclosed that Nigeria’s gas production rose...
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TechnoServe, Coca-Cola Foundation launch PReP 2.0 to help scale plastic recycling in Nigeria

Building on the success of the first phase of the Plastic Recycling Program in Southern Nigeria (PReP), international nonprofit,...

40 migratory animal species receive new, upgraded protection at close of UN meeting in Brazil

Confronted with stark new evidence that many migratory species are moving closer to extinction, governments at a major UN...

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Decade of Gas: Nigeria’s gas production surges to 7.5bcf/d, targets 12bcf/d by 2030 – Ubong

The Coordinating Director of the Decade of Gas Secretariat,...