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energy
NNPC weekly: Kyari advocate tackling global energy crises with more investment in oil, gas
THE Nigerian National Petroleum Company (NNPC) Limited started activities for the week with its Group Managing Director (GMD), Malam Mele Kyari, advocating for more investments in the!-->…
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US releases Strategic Petroleum Reserve to curb rising oil prices
THE United States (U.S) has finally announced that it will be releasing 50 million barrels (MMbbls) of crude oil from its Strategic Petroleum Reserve (SPR) to help lower prices. A!-->…
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Oil dips as US taps China, Japan on Strategic Reserves release
OIL has dipped again on Thursday after US President Biden reportedly asked major oil consumers, like China and Japan, India, South Korea, to consider a coordinated release of Strategic!-->…
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Osinbajo, World Bank MD discuss climate change, energy access
VICE President Yemi Osinbajo on Friday at the Presidential Villa, Abuja, received Dr Mari Pangestu, World Bank Managing Director of Development, Policy and Partnerships.
Osinbajo’s!-->!-->!-->…
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Oil slides as US inventories rise against expectations
By Olu Anisere
CRUDE oil price bumped after U.S inventories unexpectedly rose as well as signs of weaker demand, Australia’s ANZ Bank said in a Thursday note ahead of the!-->!-->!-->…
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Refinery investments worth $450b coming to Nigeria, others — OPEC
ABOUT $450 billion worth of new refinery projects and expansion of existing units would be invested in Nigeria and other developing nations, the Organisation of Petroleum Exporting!-->…
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Oil retreats on Iran talks, rising US crude stockpiles
CRUDE oil prices were in full retreat Thursday ahead of the much-anticipated meeting of the Organization of the Petroleum Exporting Countries (OPEC) scheduled to hold today.
There!-->!-->!-->…
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More than 100 countries join pact to slash planet-warming methane emissions
By Kate Abnett and Valerie Volcovici, Ilze Filks, Jeff Mason
MORE than 100 countries have joined an effort led by the United States and European Union to slash emissions of the!-->!-->!-->…
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Oil hits multi-year highs amidst China energy crunch
OIL hit multi-year highs on Monday amidst China energy crunch, and tight competition for supply in the market as the global economy continues to heal. In the United States, a stronger!-->…
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Oil prices pull back as US crude inventories rise
OIL prices pulled back Wednesday after crude lifting has seen a multi-year increase following stock build in the United States (U.S). Data shows that inventories of commercial crude!-->…
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