Iran on Monday said it would strike electrical plants across the Middle East if the US follows through on a threat to bomb power stations in the Islamic Republic.
[Vanguard] Benchmark US oil contract WTI was up Monday after US President Donald Trump gave Iran a 48-hour ultimatum to open the Strait of Hormuz or face decimation of its energy infrastructure and Israel warned the war would continue for several more weeks.
The world has just recorded its hottest 11-year period, according to a new report from the World Meteorological Organization.
[Leadership] The Nigerian Navy troops operating under Operation DELTA SENTINEL have intercepted a large consignment of illegally refined petroleum products and arrested eight suspected oil thieves in the Degema/Ogbogoro/Ogbologo general areas of Rivers State.
[Leadership] Chika Izuora, Bukola Idowu, Olushola Bello, Andrew -- With the pump price of petrol nearing N1,500 per litre amid Middle East tensions, labour unions, economists, manufacturers, and civil society groups have called for urgent government palliatives to lessen the economic burden on families and businesses.
Civil society organisations in Niger have condemned a European Union resolution demanding the release of the country’s former president. They're calling for a simultaneous mobilisation in Niger, Burkina Faso and Mali to protest the move.
Brazilian President Luiz Inácio Lula da Silva on Saturday accused major powers of reviving a colonial approach toward developing nations, warning against interference in national sovereignty.
A damaged Russian gas tanker that was abandoned in the Mediterranean will be towed to a Libyan port, according to a state-owned oil company in the north African country
[Leadership] The Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President Godswill Akpabio to instruct the Public Accounts Committee to disclose the names and titles of all officials linked to the alleged missing N200 trillion from Nigerian National Petroleum Company Limited (NNPCL), regardless of their social or political status.
Torrential rains and flash floods have killed at least 81 people across Kenya this month, authorities said, as heavy downpours continue. In Kisumu County, entire villages have been submerged, with about 1,200 hectares of farmland destroyed and crops swept away.
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