Oil & Gas
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Senate to probe money spent on refineries’ maintenance since 2010
The Senate on Tuesday resolved to mandate its Committee on Downstream Petroleum to investigate all contracts awarded for the rehabilitation…
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Nigeria’s petrol daily consumption slumps by 33.58% — NMDPRA
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s domestic consumption for petrol has reduced by 33.58 percent.…
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Host communities kick as proposed PIA review whittles down 3% allocation
The dilly-dallying of the federal government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the proposed alteration of critical…
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Fire outbreak at Warri Refinery
The Nigerian National Petroleum Company Limited, on Friday, confirmed a fire incident at the Warri Refinery and Petrochemical Company Limited.…
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‘Our businesses collapsing due to forex depreciation, bad roads,’ oil marketers cry out to FG
Emmanuel Addeh in AbujaOil marketers under the aegis of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) yesterday,…
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Fuel scarcity looms as petrol landing cost hits N720 per litre
Many petroleum products depots are currently deserted due to lack of products caused by foreign exchange rate volatility, as the…
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FG may reintroduce fuel subsidy, set to pay N1.68tn as marketers forecast N900 per litre
The Federal Government may spend about N1.68trillion as subsidy on Premium Motor Spirit, popularly called petrol, from September to December…
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Prices of petrol, diesel to rise as crude hits $97.17
There are indications that pressures are mounting on the pump price of petrol as the landing cost has risen by…
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Dangote Refinery imports crude as NNPCL swaps oil for loans
The Dangote Petroleum Refinery is currently importing crude oil and expects its first crude cargo in two weeks’ time, the…
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Subsidy removal by FG merely partial, expect full one – Oil Marketers
Nigerians have been told to expect another hike in the pump price of petrol. This is as a result…
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