Local Refining May Crash Petrol Price to N300/litre – Modular Refinery Operators
The pump price of Premium Motor Spirit, popularly called petrol, should drop to about N300/litre upon the commencement of massive…
“Sell Crude to Dangote Refinery”, FG Directs IOCs
The Nigerian Upstream Petroleum Regulatory Commission has said it would mandate International Oil Companies to supply crude oil to Dangote…
FG’s CNG programme to reduce petrol import by 5.5 billion litres, $4.4 billion yearly
The Federal Government says the new Compressed Natural Gas (CNG) programme will reduce the country’s petrol imports by 5.5 billion…
Petrol: Oil Marketers Propose N550/litre Price to Dangote
AS the Nigerian National Petroleum Company, NNPC Limited, moves to end petrol scarcity in Lagos and its environs, Dangote Refinery…
Fuel scarcity looms as tanker drivers withdraw services
Nigeria may be plunged into another round of fuel scarcity crisis as the Nigerian Association of Road Transport Owners (NARTO)…
PH Refinery set to resume operations as Shell supplies 475,000 barrels of oil
The Port Harcourt Refinery is set to start operations following the supply of 475,000 barrels of crude oil by Shell…
NNPCL Board Approves Dollar Revenue Transfer to CBN
The Central Bank of Nigeria (CBN) has created a department to deal with crude oil sales transactions by the Nigerian…
NNPCL celebrates 14,000bpd production from Akpo West Field
Nigeria’s condensate output is set to increase by 14,000 barrels per day, bpd, following the coming on stream of Akpo…
Warri Refinery to be ready Q1, says NNPCL
The mechanical completion of the Warri Refining and Petrochemical Company (WRPC) is scheduled for completion in the first quarter of…
NNPCL woos South Korean investors for gas projects
The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E &…