The recent drop in crude oil prices, coupled with the reinstatement of the naira-for-crude supply arrangement for local refiners, could see the pump price...
The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and...
The Federal Executive Council has officially directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. The Ministry of Finance disclosed this...
The President and Chief Executive of Dangote Group, Aliko Dangote, has urged the Federal Government to completely end fuel subsidies. Speaking in a 26-minute...
Automobile experts have stated that vehicles running on Compressed Natural Gas (CNG) save up to 70% in maintenance and operating costs compared to those...
Despite the rollout of premium motor spirit (PMS) otherwise known as petrol from the Dangote Refinery on Sunday, Nigerians have expressed disappointment over the...
The Trade Union Congress (TUC) has advised the federal government to give a special foreign exchange (FX) rate to the Nigerian National Petroleum Company...
The Nigeria Labour Congress, NLC, and former Vice President, Abubakar Atiku, weekend, warned that the increase in petrol price by the federal government has...
Dangote refinery may resort to exporting its Premium Motor Spirit (petrol) following the refusal of the Nigerian National Petroleum Company Limited to be the...
Executive Vice President (EVP) Downstream of the Nigerian National Petroleum Company Limited (NNPCL), Adedapo Segun, has said that Nigeria should move toward market-based petrol...
Oil marketers are awaiting the price of Premium Motor Spirit, popularly called petrol, produced by the Dangote Petroleum Refinery, following the announcement by the...