Downstream

FG would apply severe sanctions on business operators found to be using faulty and recalibrated equipment to defraud Nigerians. The Federal Government has announced that it has started a clampdown on the use of faulty and altered…
Read More...

·As crude oil prices dip The Pipeline Products Marketing Company (PPMC) may crash the prices of Premium Motor Spirit (PMS) petrol this month, The Nation learnt at the weekend. Speaking with The Nation on phone, the Independent…
Read More...

 …Says Nigeria not at par with Saudi Arabia The Trade Union Congress of Nigeria has condemned the comparison between Nigeria and Saudi Arabia made by the President, Muhammadu Buhari in his Independence Day address. The President,…
Read More...

President Muhammadu Buhari has announced a new price for the pump price of petrol in the country. Buhari said fuel will now be sold at N161 per liter in Nigeria, noting that other nations such as Ghana, Niger, Chad Saudi Arabia and…
Read More...

As the impact of the COVID-19 pandemic and progressive decline in Crude oil prices in 2020 continues to bite harder, Minister for States Petroleum Resources, Timipre Sylva has revealed that the country for a possible lower-for-longer crude…
Read More...

Minister of State for Petroleum Resources, Timipre Sylva has stated that the return of fuel subsidy will lead to a scarcity of fuel in the country. Recall that the Federal government recently announced the stoppage of fuel subsidy which…
Read More...

Jigawa state overnor, Mohammed Badaru Abubakar has pleaded with President Muhammadu Buhari to look into the plight of Nigerians by reversing the fuel price and electricity tariff hike. Badaru, who made the call at the commissioning of…
Read More...

The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business and create opportunities in the oil and gas sector. A statement signed by Mr Paul…
Read More...

Vice President Yemi Osinbajo has encouraged Nigerians to embrace new energy following the increment in petrol prices following international oil market impact. Prof Osinbajo on Thursday during The Africa Reports’ Digital…
Read More...

…As Kyari Assures of Resolution of Forex Issue The Downstream Sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria (MOMAN), have lauded the Federal Government for the courage to tackle…
Read More...