The International Energy Agency (IEA) announced on Tuesday that its 32 member countries will release a record 400 million barrels of oil from emergency reserves to counter supply disruptions caused by the Iran war.
The International Energy Agency (IEA) announced on Tuesday that its 32 member countries will release a record 400 million barrels of oil from emergency reserves to counter supply disruptions caused by the Iran war.
The International Energy Agency (IEA) announced on Tuesday that its 32 member countries will release a record 400 million barrels of oil from emergency reserves to counter supply disruptions caused by the Iran war.
Egypt has raised domestic fuel prices by up to 30%, citing “exceptional” global energy pressures caused by the ongoing Middle East war, which has disrupted oil supplies and shipping routes.
The Federal Government has suspended the enforcement and collection of helicopter landing fees for oil and gas operations for an initial period of two months.
The African Development Bank Group (AfDB) has launched a new aviation financing platform to unlock investment in Africa’s fast‑growing air transport market.
The Dangote Petroleum Refinery has raised the gantry price of Premium Motor Spirit to N1,175 per litre, marking the third upward adjustment within a week.
The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to N2.57 trillion from N4.82 trillion in December 2025.