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The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday said the revenue gained from the removal of petrol subsidy should be used for free conversion of vehicles to gas and distribution of gas cylinders to Nigerians. …
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In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021. This…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) Tuesday urged the Federal Government to subsidize the Premium Motor Spirit (PMS) petrol as landing cost has soared to N180 per litre. The association’s National Vice…
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...IPMAN to suspend petrol sale from Saturday Independent Petroleum Marketers Association of Nigeria (IPMAN), Kwara state chapter has said that anytime from now, it will suspend sale of fuel to members of the public in the state. The…
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Members of the Independent Petroleum Marketers Association of Nigeria on Wednesday disrupted loading of petroleum products at private depots in Apapa as well as Ibadan, Ejigbo and Mosimi depots belonging to the Nigerian National Petroleum…
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Oil marketers have warned of impending fuel scarcity if the Federal Government does not find a lasting solution to rising cost of the product at the depots.National President of Petroleum Products Retail Outlets Owners Association of…
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The Department of Petroleum Resources (DPR) has issued Licence to Establish (LTE) the first floating LNG production plant for the processing of 176MMcfd natural gas and condensate to UTM Offshore Limited, an indigenous oil and gas company…
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The Nigerian Ports Authority (NPA) says it is expecting 20 ships laden with petroleum products, food items and other goods from Feb. 5 to Feb. 15. The NPA made this known in its publication, `Shipping Position’, a copy of which was…
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The Technical Committee on Premium Motor Spirit (PMS) Pricing Framework, has issued new regulations on the pricing, importation, and distribution of petroleum products in Nigeria, including the parity of forex for marketers. On December…
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Nigeria’s Department of Petroleum Resources has approved the use of intrusion detection pipeline technology in the domestic oil and gas sector. The Safepipe and Retrofit technology will help identify and manage external corrosion, leaks…
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