Downstream

Except Dangote Refinery becomes operational next year to reduce marginal costs associated with petroleum importation, the Centre for the Promotion of Private Enterprise (CPPE) has expressed reservations about government’s political…
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"The proposed nationwide mass protests will only put Nigerians in a difficult situation rather than providing solution to the problem" The National Chairman of Jama’atu Izalatil Bidiat Wa-Ikamatis Sunnah (JIBWIS), Sheikh Muhammad…
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"There might be a slight increase in the cost of the products as dealers were already experiencing increased depot prices" The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has assured of the availability…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) formerly known as the Department of Petroleum Resources, has blamed some retail outlet owners for the fuel scarcity experienced in some parts of Port Harcourt, Rivers State.…
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Days to the Christmas celebrations of 2021, petroleum marketers under the aegis of Northern Independent Petroleum forum have threatened to embark on an industrial strike action over N50 billion bridging claim. TheNewsGuru.com (TNG)…
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By YANGE IKYAA Thirty suspected oil thieves have been arrested with 16,000 litres of illegally refined automotive gas oil (AGO), popularly known in Nigeria as diesel. The Nigerian Navy Forward Operating Base (FOB) in Ibaka, Mbo…
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By YANGE IKYAA The Nigerian National Petroleum Company (NNPC) has used about N1.027 trillion from monies accruing to it from the federation’s account in a space of nine months, spanning between February and October 2021 as payment…
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The Organised Labour in a letter to President Muhammadu Buhari has told the presidency to be ready for another battle with Nigerians if he failes to arrest moves by functionaries in his administration to create “avoidable” labour…
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The economic case for the removal of Nigeria’s fuel subsidy regime is mounting by the day even though the present administration seems undecided on how to proceed. The billions of naira Africa’s largest oil-producing country commits…
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By YANGE IKYAA A total of 82 civil society organizations (CSOs) under the aegis of Civil Society Coalition for Economic Development (CED) have hailed President Muhammadu Buhari over plans to end the subsidy regime in Nigeria. The…
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