Petrol pump price rise to ₦937 in May — NBS
The National Bureau of Statistics (NBS) has announced that the average retail price of Premium Motor Spirit (Petrol) in Nigeria rose to ₦937 per litre in the Northern region in May 2024.
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NIPCO leverages NGEP to deepen domestic gas utilisation
Nigerian Independent Petroleum Company (NIPCO) Plc has said it would sustain its growth by exploiting opportunities in gas and petroleum products marketing, especially the deployment
‘Fuel tankers’ misconduct threatening electronic call-up system’
The refusal of petroleum tanker drivers to key into the electronic call-up system has been identified as a major threat to the evacuation of cargoes from Lagos seaports.
Poor infrastructure, smuggling, funding gap crippling Africa’s petroleum downstreamÂ
With a growing population, huge energy demand, and projected industrial and agricultural boom, cross-border infrastructural deficits, funding gaps, smuggling, and lack of harmonized taxes
Experts fault power vested in petroleum minister’s office
Experts have demanded that the power vested in the office of the Minister of Petroleum must be reduced to maximise the potential of the petroleum industry.
PIB will address infrastructure deficit in oil producing areas
Sen. Albert Akpan, the Chairman of the Senate Committee on Petroleum Resources Upstream, says the Petroleum Industry Bill (PIB) will provide a framework for addressing the infrastructure deficit
Labour seeks openness in determining fuel price template
Organized labour, yesterday, canvassed openness and public participation in determining petrol price template for the country, even as indications have emerged that a new price of petroleum products
Labour seeks openness in determining fuel price template
Organized labour, yesterday, canvassed openness and public participation in determining petrol price template for the country, even as indications have emerged that a new price of petroleum products
FG begins fresh clampdown on fuel smuggling with DRMS
The Federal Government has renewed the fight against smuggling of petroleum products out of the country with a new technology commissioned by the Department of Petroleum Resources (DPR)...
FG begins fresh clampdown on fuel smuggling with DRMS
The Federal Government has renewed the fight against smuggling of petroleum products out of the country with a new technology commissioned by the Department of Petroleum Resources (DPR)...
NNPC posts N13.43b surplus, sells N2.034tr petroleum products
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded about N13.43b trading surplus in November last year, representing 54 per cent increase compared to the previous year.