Downstream

The House of Representatives has urged the Nigerian National Petroleum Corporation (NNPC) to review the status of the licences issued to indigenous firms for each of the 38 modular refineries, revoke and re-issue them to competent and…
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By Teddy Nwanunobi The real market price for the premium motor spirit (PMS), also known as petrol, has increased from N184 per litre to N241 per litre, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed. …
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By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) has promised to work with the Association of Distributors and Transporters of Petroleum Products (ADITOP) to ensure improved operations in Nigeria’s downstream…
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A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the Nigerian National Petroleum Corporation (NNPC) for its unrelenting…
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The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to combat the build up of fuel queues in some parts of the…
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Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has frowned at the re-emergence of petrol queue across the country, assuring that the situation will normalize in hours. Kyari gave the assurance…
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There is no plan to increase the pump price of Premium Motor Spirit (PMS), popularly known as petrol, for the month of May, said the Nigerian National Petroleum Corporation (NNPC). This followed the announcement by the NNPC Group…
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Despite the rising price of crude oil in the international market, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has said that there will be no increase the ex- depot price of Premium…
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The price of petrol is set to increase by between R1 and 95 cents a litre as of Wednesday, the Department of Mineral Resources and Energy (DMRE) said. The price of 95 (ULP and LRP) will rise by R1 while the price of 93 (ULP and LRP)…
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The Managing Director of Banner Energy Limited, Mr. Nuhu Yakubu, has said his company has started converting petrol and diesel-powered vehicles to Autogas in Abuja. Yakubu disclosed this in a chat with THISDAY, explaining that the…
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