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    OPEC Fund commits $1bn in new financing for developing nations

    OPEC DAILY BASKET

    No changes to oil production policy expected at OPEC+ meeting

    London – OPEC+ isn’t planning to make any changes to oil production policy at next week’s monitoring meeting, several delegates from the group…

    OPEC daily basket price closes at $89.75 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $89.75 a barrel on Thursday, compared with $88.20 the previous…

    OPEC daily basket price closes at $84.62 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $84.62 a barrel on Wednesday, compared with $83.30 the previous…

    OPEC daily basket price closes at $76.90 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $76.90 a barrel on Wednesday, compared with $82.07 the previous…

    OPEC daily basket price closes at $79.77 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $79.77 a barrel on Tuesday, compared with $83.16 the previous…

    OPEC daily basket price closes at $83.16 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $83.16 a barrel on Monday, compared with $83.97 the previous…

    OPEC daily basket price closes at $79.93 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $79.93 a barrel on Monday, compared with $83.80 the previous…

    OPEC daily basket price closes at $91.32 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $91.32 a barrel on Thursday, compared with $93.22 the previous…

    OPEC daily basket price closes at $93.22 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $93.22 a barrel on Wednesday, compared with $95.99 the previous…

    OPEC daily basket price closes at $97.32 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $97.32 a barrel on Monday, compared with $96.15 the previous…

    OPEC daily basket price closes at $96.15 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $96.15 a barrel on Friday, compared with $93.51 the previous…

    Latest News

    TotalEnergies, QatarEnergy granted new exploration license for Algeria

    June 18, 2025

    OPEC Fund commits $1bn in new financing for developing nations

    June 18, 2025

    ‘Nigeria to export first gasoline cargo to Asia from Dangote Refinery’

    June 18, 2025

    Africa’s nuclear renaissance: World Bank greenlight ignites a new era

    June 18, 2025

    AfDB project restores electricity in Zimbabwean communities

    June 18, 2025

    Nigeria stocks record 12.15% return year-to-date

    June 18, 2025
    June 2025

    Monthly Edition

    E-book

    Oil

    TotalEnergies, QatarEnergy granted new exploration license for Algeria

    Newswire — TotalEnergies, jointly with QatarEnergy, has been awarded the Ahara license following the “Algeria Bid Round…

    ‘Nigeria to export first gasoline cargo to Asia from Dangote Refinery’

    June 18, 2025

    NNPC, Baker Hughes deepen partnership to boost oil production

    June 18, 2025

    IPMAN applauds Dangote Refinery’s free fuel distribution initiative

    June 17, 2025

    US Supreme Court to hear Chevron, Exxon appeal over Louisiana coastal damage

    June 17, 2025

    Gas

    ADNOC Gas takes FID and awards $5b contracts for RGD project

    ‘Shell’s decision on Phase 2 of LNG Canada will depend on other opportunities’

    Gas

    ADNOC Gas takes FID and awards $5b contracts for RGD project

    ‘Shell’s decision on Phase 2 of LNG Canada will depend on other opportunities’

    Nigeria loses N710bn to gas flaring in four months

    Power

    AfDB project restores electricity in Zimbabwean communities

    Abidjan, Ivory Coast — In March 2019, Cyclone Idai tore through Zimbabwe’s eastern districts with unprecedented fury,…

    AfDB approves €19.6m financing for Cabo Verde’s wind and battery storage

    June 17, 2025

    AfDB, BII and EBRD support solar and battery storage project in Egypt

    June 16, 2025

    Meta signs deal for advanced geothermal power in New Mexico

    June 14, 2025

    China solar industry to address overcapacity challenge but turnaround far off, experts say

    June 14, 2025

    Finance

    OPEC Fund commits $1bn in new financing for developing nations

    Nairobi — The OPEC Fund For International Development has pledged to provide more than $1 billion in…

    Nigeria stocks record 12.15% return year-to-date

    June 18, 2025

    NGX Group, SEC pursue capital market diplomacy to deepen Nigeria-China financial ties

    June 18, 2025

    AfDB concludes strategic high-level mission to Ghana

    June 18, 2025

    Nigeria stocks record 12.15% return year-to-date

    June 17, 2025
    June 18, 2025

    Read the Weekly Edition

    Labour

    Tanker drivers, IPMAN suspend loading at Dangote Refinery over dispute

    FG to train 100,000 youths annually in forex trading

    Nigeria commits $50m to Wholesale Impact Investment Fund

    NNPCL cuts workforce by 197 employees in one year

    Niger-Delta Question

    Namibia’s cabinet approves upstream local content policy

    Solid Mineral

    ‘Ghana has lost $11bn to gold smuggling, links to UAE’

    Glencore halted some cobalt deliveries over Congo export ban

    Nigeria sends mining scholars to Australia for training

    ‘Ebonyi communities face pollution, abuse from Chinese mining firms’

    Community Development

    Aradel Holdings celebrates graduation of 120 host community youths from inaugural Employability Training

    Freight

    Nigeria reiterates commitment to port automation

    LASG approves seven dedicated truck parks for Lekki Port axis

    NSC seeks closer collaboration with Police to boost port enforcement

    FG reiterates commitment to port automation

    Technology

    Wärtsilä introduces next-generation engine

    Focus

    Wärtsilä introduces next-generation engine

    ‘Mining, geosciences key to Nigeria’s economic diversification’

    Speed will define the technology landscape in 2025

    Global progress and challenges for autonomous buses & roboshuttles

    Nigerian Content Initiative

    Execution of Oloibiri Museum project to commence

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