The Nigeria Midstream and Downstream Petroleum Resources Authority (NMDPRA) has issued refining licenses to three companies…
Category: OIL&GAS
Marketers worry as 5-month fuel imports hit N6tn
Despite improved domestic refining capacity in Nigeria, major oil marketers have continued to import refined petroleum…
Petroleum Downstream Sector: PMS Cost May Drop Further As Crude Prices Fall
The price of Premium Motor Spirit (petrol) may be on a downward slope if the crude…
Two Burnt To Death At Petrol Station In Oyo
Two persons have died in a tanker fire that occurred in a filling station at the…
NNPCL Reduces PMS Pump Price To N860 Per Litre
The Nigerian National Petroleum Company Limited (NNPC) has reduced the price of petrol to N860 per…
Ukraine Ready To Sign Minerals Deal, Says Zelensky
Ukraine is ready to sign a minerals deal with the United States, Ukrainian President Volodymyr Zelensky…
Dangote Absorbs ₦16bn PMS Loss, To Refund ₦65/litre To Marketers
Dangote Petroleum Refinery & Petrochemicals has said it would absorb N16bn loss by refunding N65/litre to…
NIES 2025: Nigeria Has Potential To Surpass $1tn GDP Target – Kyari
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mele…
Rivers Senator Demands Probe Into Explosions At NNPCL Facilities
The most recent explosion occurred two days ago around Bonny’s Cawthorne Channel. The Senator representing Rivers…
‘Fire Outbreak Successfully Contained, No Casualties’ NNPC Gives Update On Cawthorne Channel 1 Barges
The Nigerian National Petroleum Company Limited (NNPC Ltd) has given an update on a fire that…