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    Nigeria flares 77bn cubic feet of gas as LPG prices soar

    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

    Gas leak, pipeline attacks force Rivers community residents to flee

    June 22, 2026

    PTDF seeks stronger talent pipeline for oil industry growth

    June 22, 2026

    NMDPRA tasks Indorama on operational excellence, safety compliance

    June 22, 2026

    OPEC projects $92bn refining investment for Africa by 2050

    June 22, 2026

    NIMASA signs capacity development MoU with ITC-ILO

    June 22, 2026

    NLNG, NCDMB graduate 401 specialists for oil & gas industry

    June 22, 2026
    June 2026

    Read the Monthly Edition

    E-book

    Oil

    PTDF seeks stronger talent pipeline for oil industry growth

    Mkpoikana Udoma Port Harcourt — Nigeria’s drive to deepen indigenous capacity in the oil and gas sector…

    OPEC projects $92bn refining investment for Africa by 2050

    June 22, 2026

    NNPCL seeks financing partnerships to drive 2030 growth targets

    June 22, 2026

    Reps threaten sanctions over poor PIA implementation

    June 22, 2026

    Indigenous surveillance push drives Nigeria oil output past OPEC quota

    June 22, 2026

    Gas

    Gas leak, pipeline attacks force Rivers community residents to flee

    Akwa Ibom targets power reform, CNG expansion

    Gas

    Gas leak, pipeline attacks force Rivers community residents to flee

    Akwa Ibom targets power reform, CNG expansion

    Nigeria flares 77bn cubic feet of gas as LPG prices soar

    Power

    Akwa Ibom targets power reform, CNG expansion

    Mkpoikana Udoma Port Harcourt — Akwa Ibom State government has approved key initiatives aimed at accelerating energy…

    The risk problem with investors treating African energy as one market

    June 20, 2026

    ‘Steel, power sectors must align to drive industrial growth’

    June 18, 2026

    Energy Commission of Nigeria seeks enhanced collaboration with NERC on energy development initiatives

    June 18, 2026

    Tegbe calls for sustainable financing models at Nigeria Power for Health Initiative

    June 18, 2026

    Renewable Energy

    Clean energy investment surges to $2.2 trillion, outpacing fossil fuels

    Precious Anga  Lagos — Global investment in clean energy is set to reach a record $2.2 trillion…

    US praises Nigeria’s CNG push, urges wider adoption

    June 21, 2026

    NEMSA unveils solar mini-grid rules, boosts renewable energy oversight

    June 21, 2026

    Ndume urges ECOWAS governments to dedicate 5% of budgets to rural energy

    June 21, 2026

    ECOWAS targets 48% renewable energy share by 2030

    June 21, 2026

    Finance

    Again, Obi questions Nigeria’s rising debt, demands borrowing transparency

    Mkpoikana Udoma Port Harcourt — The presidential candidate of the National Democratic Party, Mr. Peter Obi, has…

    CBN launches NOFR to deepen markets, boost investor confidence

    June 17, 2026

    Angola’s state oil firm secures $2.65bn financing from foreign lenders

    June 16, 2026

    AFC backs $7bn Dangote Fertiliser expansion

    June 15, 2026

    Nigeria’s company tax revenue drops 31% despite mining strength

    June 15, 2026
    June 17, 2026

    Read the Weekly Edition

    Labour

    NADDC commissions automotive training centre in Zamfara, graduates 100 youths

    Nigeria, World Bank strengthen partnership to build capacity of institutional workforce

    PTDF, Air Force Institute deepen partnership on energy skills

    TotalEnergies launches 2026 employee share offering

    Niger-Delta Question

    How Nigeria’s refinery deals keep failing while questionable partnerships emerge

    Solid Mineral

    FG commends progress on $400m rare earth processing plant in Nasarawa

    Nigeria secures $3bn mining investments, signals sector growth

    ‘Steel, power sectors must align to drive industrial growth’

    Niger cracks down on illegal mining, shuts six processing sites

    Community Development

    Indigenous surveillance push drives Nigeria oil output past OPEC quota

    Freight

    NIMASA signs capacity development MoU with ITC-ILO

    Truckers build database amid management inefficiencies in Lagos ports

    NCS trains officers to strengthen environmental trade regulations

    Africa’s ocean economy hits $20m milestone

    Technology

    Automated driving to improve traffic safety and energy efficiency

    Focus

    Automated driving to improve traffic safety and energy efficiency

    Nigeria, South Korea seal deal to manufacture electric vehicles locally

    Wärtsilä introduces next-generation engine

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

    Nigerian Content Initiative

    NLNG, NCDMB graduate 401 specialists for oil & gas industry

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