Tag:Oil prices

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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...
Michael Simire -
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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...
Michael Simire -
Oil & Gas

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...
Michael Simire -
Oil & 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,...
Michael Simire -
Oil & Gas

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...
Michael Simire -

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Oil & Gas

Minister urges NUPENG’s new president to sustain gains

The Minister of Labour and Employment, Mr. Muhammed Dangyadi, has urged new NUPENG president, Salimon Akanni Oladiti, to sustain...
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Climate Change

Countries urge Santa Marta Conference to recognise need for new legal instrument on fair fossil fuel phase out

A three-day Senior Officials and Ministerial meeting of the highest ambition coalition pushing for an equitable global fossil fuel...
Marine

Lagos unveils ‘Library on the Lagoon’ to promote blue economy

The Lagos State Government has strengthened its environmental sustainability drive with the introduction of the "Library on the Lagoon",...

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Oil & Gas

Minister urges NUPENG’s new president to sustain gains

The Minister of Labour and Employment, Mr. Muhammed Dangyadi,...
Climate Change

Countries urge Santa Marta Conference to recognise need for new legal instrument on fair fossil fuel phase out

A three-day Senior Officials and Ministerial meeting of the...