Downstream

-By Saidu Abubakar Amidst reactions, following false report (not by Valuechain), that fuel price will rise to N1,000 per litre, the Department of Petroleum Resources (DPR) has debunked the report and allayed fears for such. Head of…
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The retail stations operated by the Nigerian National Petroleum Corporation has been voted as the best in terms of price-quality ratio. This emergence of the NNPC under the leadership of the Group Managing Director is the outcome of a…
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*Prices at the pump appear to be on the rise again. *However, some relief – although not much – may just be right around the corner. To date, gasoline demand has "likely" peaked as the price of oil continues to drop as…
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Officials if the Directorate of Petroleum Resources, DPR have sealed off seven filling stations in Nasarawa State, for various offences from January to date. Alhaji Ahmed Gwaram, the state DPR Comptroller, disclosed this in Lafia on…
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Fuel subsidy in Nigeria will end when President Muhammadu Buhari signs the Petroleum Industry Bill (PIB), according to the Minister of State for Petroleum Resources, Chief Timipre Sylva. Sylva stated this on Monday while speaking at the…
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The Department of Petroleum Resources (DPR), has sealed 30 filling stations and eight liquefied Petroleum Gas (LPG) outlets for various offence in Akwa Ibom. The state Operations Controller of DPR, Mr Victor Ohwodiasa, said this when he…
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The Department of Petroleum Resources, DPR, has suspended the operations of its task force team monitoring activities of the nation’s downstream sector. This is coming barely 72 hours after the team was constituted by the regulator. …
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Sudan has increased fuel prices for the first time since subsidies were removed, energy minister Jadein Ali Obeid said on Thursday. The price of gasoline went up from 290 Sudanese pounds per litre to 320 pounds, while the price of…
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Mele Kyari, group managing director of Nigerian National Petroleum Corporation (NNPC) shocked Nigerians last week with what he flaunted as Nigeria’s daily petrol consumption figure.  Kyari who called on the Economic and Financial Crimes…
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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), yesterday, dismissed the threat on Sunday by the Independent Petroleum Marketers Association…
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