Friday, 27th May 2022
Breaking News:

International Energy Agency

26 Oct 2018
International Energy Agency (IEA) has said that trade disputes, which are currently affecting big oil exporters, have further stimulated global demand for oil.
5 Sep 2018
Despite the challenges bedevilling Nigeria’s automotive sector, some assemblers have expressed interest to invest in the production of electric vehicles (EVs) in the country.Experience has shown that Nigeria usually turned out to be a dumping ground for a variety of banned products.
1 Dec 2016
In the longer-term, investment in oil and gas remain essential to meet demand and replace declining production, according to the latest report by the International Energy Agency (IEA).
12 Oct 2016
Barely 24 hours of hitting one-year high at  $53.73 a barrel, Brent crude oil fell by 42 cent to hit $52.72 a barrel yesterday while West Texas Intermediate (WTI) also fell from $52.51 to settle at $50.92 a barrel.
16 Sep 2016
A source said the Minister of Power, Works and Housing, Babatunde Fashola, received report on the debt in his office on Wednesday, adding that the Debt Management Office (DMO) had initiated a pay-off plan.
15 Jul 2016
The global glut in oil is refusing to ease and acts as a major dampener on crude prices despite robust demand growth and steep declines in non-OPEC production, the International Energy Agency said on Wednesday.
22 Jun 2016
The price of oil is unlikely to rise much further after rallying almost 90 per cent since January, according to the International Energy Agency (IEA), which says the global market shows signs of stabilizing.
26 May 2016
For the first time in almost eight months, crude oil prices got closer to $50 yesterday, probably due to sharp fall in the United States’ inventories.


1 hour ago
Two Communist lawmakers in Russia's far east on Friday urged President Vladimir Putin to put an end to Moscow's offensive in Ukraine in a rare public show of dissent.
1 hour ago
The Ooni of Ife, Oba Adeyeye Ogunwusi, has promised to commit his resources to the development of a private arts and cultural village, Foluke African Centre for Arts and Culture in Atosin-Idanre, Ondo State.
1 hour ago
Camille Vasquez a lawyer for actor Johnny Depp  urged a jury on Friday to find his ex-wife Amber Heard guilty of defamation over domestic abuse allegations and give him his "life back." "What is at stake in this trial is a man's good name," Vasquez said of "Pirates of the Caribbean" star in closing arguments…
1 hour ago
A Peoples Democratic Party (PDP) Presidential Aspirant; Sen. Anyim Pius Anyim has expressed concern over absence of Ebonyi delegates’ list for the presidential primaries.
1 hour ago
The Speaker, Lagos State House of Assembly, Mr Mudashiru Obasa, has secured the All Progressives Congress (APC) ticket to run for the sixth term in the 2023 Lagos State House of Assembly Election.