COUNTDOWN: 140 Days Since the USA-Iran War Began – Global Oil Market on Edge as Crude Prices Remain Volatile The global oil market remains under intense pressure as the prolonged conflict between the United States and Iran continues to reshape crude oil prices, fuel markets and energy security, even as benchmark prices retreated sharply […]
Chevron wins a bid in 2025 licensing round in Nigeria By Eyo Nsima Star Deep Water Petroleum Limited, a Chevron company and operator of the Agbami unit, has won the bid for Petroleum Prospecting Licence (PPL) 2010 in 2025 licensing round in Nigeria. The winners of the bid round were announced by the Nigerian Upstream
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169 Proposals from Nigerian Universities, Polytechnics, Others Target NASENI Research Commercialisation Grant Programme About 169 proposals from Nigerian institutions including universities, polytechnics, and research institutes spread across Nigeria’s six geopolitical zones have entered for the NASENI Research Commercialization Grant Programme (NRCGP). The programme, an initiative of the National Agency for Science and Engineering Infrastructure (NASENI),
COUNTDOWN: 139 Days Since the USA-Iran War Began – Global Oil Market US-Iran War Pushes Oil Prices Above $100, Heightens Fears for Nigeria’s Fuel Market By Team Countdown The conflict between the United States and Iran has continued to reshape the global oil market, driving crude prices sharply higher since the outbreak of hostilities and
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Editorial: Rising oil prices expose Africa’s unfinished refining agenda The latest surge in global crude oil prices should serve as another wake-up call for African governments. With Brent crude climbing to nearly $96 per barrel, West Texas Intermediate (WTI) reaching $88.05 per barrel, and gasoline futures also moving higher, the continent is once again
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Rising fuel prices in Nigeria signal fresh energy cost pressures across Africa By Eyo Nsima The latest increase in petroleum depot prices in Nigeria, Africa’s largest oil producer and biggest fuel market, is expected to reverberate across the continent, with analysts warning that higher crude oil prices and rising refining costs could trigger fresh increases
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Dangote tops cheapest fuel depots as PMS prices hit N1,350/litre nationwide By Eyo Nsima Dangote Petroleum Refinery has emerged as Nigeria’s cheapest supplier of Premium Motor Spirit (PMS), popularly known as petrol, even as ex-depot prices climbed to as high as N1,350 per litre across major fuel depots following the latest surge in global crude
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U.S.-Iran conflict keeps oil market on edge as Brent nears $96 per barrel By Eyo Nsima The continuing conflict between the United States and Iran is keeping global oil markets on edge, with crude prices remaining elevated amid fears of supply disruptions in the Middle East, one of the world’s most important oil-producing regions. Market
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COUNTDOWN: 138 Days Since the USA-Iran War Began – Global Oil Market U.S.-Iran conflict keeps oil market on edge as Brent nears $96 per barrel By Team Countdown The continuing conflict between the United States and Iran is keeping global oil markets on edge, with crude prices remaining elevated amid fears of supply disruptions in
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Nigeria’s 97.6bn scf gas flaring highlights Africa’s energy paradox By Eyo Nsima Nigeria flared 97.63 billion standard cubic feet (bscf) of natural gas in the first six months of 2026 despite utilising more than 92 per cent of its gas production, highlighting Africa’s enduring challenge of wasting valuable energy resources while millions of people across
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