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Environment & Oil &gas
We’ve commenced fuel lifting from Port Harcourt, Warri Refineries—PETROAN
Joseph Irikefe
The Petroleum Products Retail Outlet Owners Association (PETROAN), says its members have started loading dual-purpose kerosene, automotive gas oil, and premium motor spirits at the Port Harcourt and Warri…
Fuel Yapa: Vindi Petroleum set to simplify access to fuel for all Nigerians
Maureen Aguta
The Executive Chairman of Vindi Petroleum, Victor Kalu on Tuesday in Lagos revealed plans by his firm to ease access to petroleum products and provide affordable petroleum access solutions to Nigerians.…
Dangote, 250 firms abandon Nigeria’s national grid over persistent outages
Maureen Aguta
Major firms in Nigeria have dumped the nation's power-generating companies over the constant power outages associated with the national grid.
The recurring grid collapses are attributed to ageing…
Stakeholders predict petrol price crash to N500/liter
Maureen Aguta
The Nigerian downstream oil sector is set for a transformation with the operationalization of the Port Harcourt, Warri, and Dangote Petroleum Refineries. Industry experts and stakeholders assert that…
Port-Harcourt Refinery not shutdown, fully operational, says NNPCL
Maureen Aguta
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said that it is untrue that the Old Port Harcourt refinery that was re-streamed two months ago has been shut down.
A report had emerged that…
Imported fuel not cheaper, unless you stole crude oil from Nigeria – Kalu
A financial analyst and educator, Kalu Aja, has dismissed the claim by some oil marketers suggesting it is cheaper to import Premium Motor Spirit (PMS), from abroad to Nigeria than source from a local refinery.…
Oil Marketers vow to import fuel, say Dangote’s fuel not cheaper
The move follows revelations that the refinery's petrol costs between N1,015 and N1,028 per litre, based on purchase quantity.
As fuel consumers plummet 10,000 marketers may close shop
Joseph Irikefe
As fuel consumption plummets nationwide due to soaring prices, oil marketers have expressed concerns over significant losses, with around 10,000 oil dealers about to shut down.
Data from…
Hardship: Daily petrol consumption crashes from 60m to 4.5mlpd–Report
Maureen Aguta
Daily consumption of Premium Motor Spirit (PMS) or petrol in Nigeria has dropped drastically under one year after President Bola Tinubu assumed office on May 29, 2023.
Data obtained by Advocacy…
Alarm as National Grid collapses three time in one week
Maureen Aguta
Nigeria was again thrown into darkness again today (Saturday) as the national grid collapsed again.
Nigerians have expressed displeasure over the development over the reoccuring grid collapse even as…