Oil & Gas
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Petrol marketers suffer N200bn losses over instability in prices
Marketers of Premium Motor Spirit (PMS) petrol have lost N200billion in six months owing to the volatility of prices. …
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Private depots increase petrol price to N900/litre
Private oil depots have increased the price of Premium Motor Spirit, PMS, also known as petrol to N900 per litre…
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Petrol hike likely as landing cost jumps in one week — Oil marketers
Data obtained by the Major Energies Marketers Association of Nigeria (MOMAN) Wednesday indicated that the landing cost of a litre…
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Fuel price may hit N930/litre amid naira-for-crude negotiations
Nigerians could soon pay as much as N930 per litre for petrol as negotiations continue over the naira-for-crude sales between…
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US imports over 2 million barrels of jet fuel from Dangote Refinery
The growing influence of the Dangote Petroleum Refinery & Petrochemicals is extending far beyond Africa and the Middle East, as…
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NLNG to improve operational efficiency of domestic LPG supply in Nigeria
In line with its continuous improvement culture, the Nigeria Liquified Natural Gas (NLNG) has committed to working closely with its…
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Petrol imports rise to 154m litres weekly as Naira-for-crude crisis deepens
Seven vessels carrying imported Premium Motor Spirit, popularly called petrol, are expected to berth at seaports along the nation’s borders…
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Fuel price increase looms as Naira-for-crude deal stalls
Barring any last-minute intervention by the federal government, fuel price may rise as the Dangote Petroleum Refinery on Wednesday announced…
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BREAKING: Dangote suspends sale of petroleum products in Naira
Dangote Petroleum Refinery has suspended the sale of its products in the Nigerian currency, Naira. This means that the products…
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‘Dangote/NNPCL price war ruining our business,’ Petrol marketers cry out
The Independent Petroleum Marketers of Nigeria (IPMAN) has said that the price war between the Nigerian National Petroleum Company Limited…
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