Author: uzo.nzeogu

Despite the National Bureau of Statistics (NBS) reporting a drop in the average cost of refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG) from N8,243.79 in July to N6,404.02 in August 2025, The Guardian’s market survey reveals a sharp surge in retail prices… The post Cooking gas scarcity pushes price to N3,000 per kg appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 137,000 barrels per day in November, as they continue to push for greater market share. “In view of a steady global economic The post Opec+ plus to raise oil production by 137,000 barrels a day in November appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on Sunday, with analysts divided over the size of the expected hike. The meeting by the The post OPEC+ meets with future oil production hanging in the balance appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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The Managing Director/Chief Executive Officer, UTMOL, Julius Rone, has said there are lots of incentives and good returns on investment (ROI) for investors willing to invest in Nigeria and Africa as a continent. Rone stated this at the just-concluded Africa The post Rone highlights Nigeria’s investment incentives at Africa Energy Week appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Nigeria’s oil and gas industry is still grappling with the fallout of last week’s strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), with the Nigerian National Petroleum Company Limited (NNPCL) warning that systemic vulnerabilities remain The post PENGASSAN’s strike cut oil output by 16%, gas 30%, power 20% – NNPCL appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Industry leaders and young professionals have urged Port Harcourt residents and business stakeholders to look beyond oil and embrace innovation. They made this known on Wednesday at the maiden edition of The More Summit 2025 in the Garden City under The post Future of Port Harcourt not in oil but innovation, say experts appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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President Bola Ahmed Tinubu will next week commission the newly completed Otakikpo Onshore Crude Oil Export Terminal in Rivers. The terminal, which is the first indigenous facility of its kind established by Green Energy International Limited (GEIL), operator of the The post Tinubu to commission $400m, 750,000-barrel oil terminal in Rivers appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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