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Downstream
Subsidy, Smuggling Hindering Investment in Petroleum Downstream – Experts
Energy experts have called for the removal of price control structure as well as other measures impeding the growth of the downstream sector of the petroleum industry in Africa.
The experts noted that that non-market pricing!-->!-->!-->!-->!-->…
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Nigeria’s Daily Consumption of Petrol Drops to 56m Litres
Despite ongoing efforts by the Federal Government to ensure continuous increase in Premium Motor Spirit, PMS, also known as petrol daily supply, Nigeria witnessed a slight declined in distribution of the product to 56 million litres!-->!-->!-->…
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MISTDO Designed To Safeguard Downstream Operations – DPR
The Department of Petroleum Resources (DPR) says the Minimum Industry Safety Training for Downstream Operations (MISTDO) is a compulsory programme introduced to safeguard operations in the downstream sector of the Nigerian oil and gas!-->!-->!-->…
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Kerosene users lament high cost of product
…Urge govt to proffer solution
The incessant hike in the price of kerosene nationwide has brought untold hardship to consumers. Investigation by Consumer Watch has revealed that the product is being used by the poor in society.
A!-->!-->!-->!-->!-->!-->!-->…
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‘How some private oil marketers exploit Nigerian govt through fuel subsidy’
President Muhammadu Buhari
The removal of Oil Subsidy in Nigeria has always been a tough decision for every administration to take. In 2012, the Goodluck Jonathan Administration removed oil subsidy, this action sparked a nationwide!-->!-->!-->…
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DPR gives Nigerian filling stations December to join tracking system
The Department of Petroleum Resources (DPR) has given owners of petroleum products retail outlets a December 31 ultimatum to migrate their operations to its Downstream Remote Monitoring System (DRMS).
Mr Sarki Auwalu, Director, DPR,!-->!-->!-->!-->!-->…
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Petroleum Marketers Fret Over Harassment
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it will suspend distribution of products in the East from today over alleged harassment by the police.
The strike notice was contained in a circular signed!-->!-->!-->!-->!-->…
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Fuel explosion: DPR, NGO train downstream on MISTDO
In an effort to avert petroleum explosion in filling stations, Department of Petroleum Resource in collaboration with a Zaria based non-Governmental organisation, Raudha Technology have trained petroleum pump attendants on Minimum!-->!-->!-->…
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Petrol should cost N300, subsidy may gulp N2t this year – Rainoil boss
The landing cost of petrol in the country has increased to N300, the Group Managing Director of Rainoil Limited, Dr. Gabriel Ogbechie, has said.
Ogbechie, who spoke on Sunday, said following this development, Nigeria may spend N2!-->!-->!-->!-->!-->…
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Subsidy Removal: Fayemi Raises Concerns Over Smuggled Petroleum Products
Ekiti State governor, Dr. Kayode Fayemi has raised concerns over the persistence of smuggled petroleum products despite the presence of Customs and security personnels at the country’s borders.
The governor, who spoke on a Channels!-->!-->!-->!-->!-->…
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