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Environment & Oil &gas
JUST IN: NNPCL hikes fuel price to N1, 030/l in Abuja, N998/l in Lagos
Maureen Aguta
Ahead its plan to end it agreement as the sole off-taker of Dangote Refinery petrol, the Nigerian National Petroleum Company Limited (NNPCL) today (Wednesday) increased the pump price of…
FG begins crude oil sales in Naira to Dangote Refinery, others
Maureen Aguta
The Federal Government has announced the commencement of Naira transaction for crude oil as earlier directed by President Bola Tinubu.
This development was communicated by the Minister of Finance and…
Again, P’Harcourt Refinery misses production rollout deadline
Joseph Irikefe
The Nigerian National Petroleum Company Limited (NNPCL) has again failed to begin fuel production at the Port Harcourt refinery in Rivers State.
This is despite the refinery failing to commence…
Naira-for-crude deal begins Tuesday as Nigerians await reduced fuel price
Maureen Aguta
The Federal Government has confirmed that it will begin the supply of crude in Naira by the Nigerian National Petroleum Company Limited (NNPCL) to the Dangote Refinery from Tuesday, October 2024 to…
NNPC lied, we sold our petrol 15% cheaper than imported ones—Aliko Dangote
Maureen Aguta
As Nigerians continue to express dismay on why Nigerian National Petroleum Company Limited (NNPCL) could be selling petrol from the Dangote Refinery at a higher price than the imported ones, Chairman of…
Petrol is N52/litre in Libya, lowest in Africa – Report
Maureen Aguta
Despite been a war ravaged country since the death of Col Mummer Qaddafi, Libya continues to offer the cheapest petrol in Africa, with the price of octane-95 gasoline (petrol) standing at 0.15 Libyan…
It is illegal for NNPCL to fix prices of Dangote petrol – Falana
Falana said it is illegal for the state oil company, NNPCL to determine prices of Premium Motor Spirit (PMS) also known as petrol after deregulation.
Nigeria may end fuel imports from October as focus shifts to domestic supply
Maureen Aguta
Indication at the weekend was that the Nigerian National Petroleum Company Limited (NNPCL) would stop placing orders for petroleum imports and will rely on Dangote Refinery for domestic supply from…
Dangote to sell petrol N766/litre to NNPCL as marketers target direct deal
By Editor
Marketers have demanded direct access to Premium Motor Spirit (PMS), also known as petrol from the Dangote Refinery, criticising the firm grip of NNPC Limited (NNPCL) on the market.
This is as sources…
FG okays crude oil sales to local refineries in Naira as Dangote Refinery begins distribution of…
Maureen Aguta
The Federal Government has announced that it has started selling crude oil to local refineries and buying petroleum products in Naira.
It explained that the novel strategy will assist to reduce the…