OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
A Russian military court has handed life sentences to eight individuals for the 2022 attack on the Kerch Bridge, a vital supply link to annexed Crimea. The blast killed five and triggered massive Russian retaliation. Read the full details.
Russian President Vladimir Putin denies plans to attack Europe while France announces military service revival. Read latest developments in Ukraine conflict and peace talks.
France confirms a new 10-month voluntary military service for youth, starting summer 2026. This move prepares the nation for potential conflict with Russia by 2030. Read more.
Russian President Putin demands Ukraine cede occupied territories for peace, threatening continued military action. US proposes new peace plan as conflict escalates. Read the latest developments.
Russia escalates crackdown on critics, designating Navalny's exiled Anti-Corruption Foundation as terrorist organization. Learn how this affects opposition movements.
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Russia and Ukraine trade deadly attacks as US President Trump's peace proposal faces European resistance. Six killed in Kyiv, three in Rostov. Updated plan aims to uphold Ukrainian sovereignty.
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
European nations present 28-point peace counter-proposal for Ukraine war, challenging Trump's plan with stronger NATO provisions and Russian asset seizures for reconstruction.
US President Donald Trump criticizes Ukraine for lacking gratitude as top officials meet in Geneva to discuss controversial 28-point peace plan to end Russia-Ukraine war. Read latest developments.
Russia announces the capture of three more villages in eastern Ukraine. The advance comes as international officials gather in Geneva to discuss a controversial US peace plan for ending the war.
US President Trump signals flexibility on Ukraine peace proposal as Geneva talks approach. Kyiv seeks changes to plan requiring territorial concessions and NATO restrictions. Read latest developments.
Nigeria's Super Eagles may compete in Russia's proposed World Cup-style tournament for non-qualified countries in 2026. Get the latest updates on this exciting development for Nigerian football.
Ukraine's Zelenskyy warns of losing US support or national dignity as Trump pressures for a swift peace deal. Read the latest on the critical negotiations.
FIFA has banned Russia, South Africa, and Yugoslavia from World Cup participation due to political conflicts and international sanctions. Learn about the historic precedents.
Bulgaria takes control of Lukoil's Neftochim refinery to avoid US sanctions. Learn how this affects fuel supply in Southeast Europe and the search for new buyers.
White House reveals 28-point peace proposal requiring Ukraine to cede territory to Russia and limit military size. Plan includes NATO restrictions and territorial recognition.
White House confirms Trump administration's peace proposal for Ukraine conflict, calling it beneficial for both sides despite concerns it favors Moscow. Read details.
Ukraine agrees to develop US-drafted peace plan with Russia. Proposal includes territorial concessions and military reductions. Zelensky to discuss with Trump.
Trump government quietly negotiating new peace plan with Russia to end Ukraine war. US delegation in Kyiv for talks as Kremlin signals openness to deal. Read latest developments.
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.