Downstream

To address concerns around the economic impact of hike in the price of petrol, the Federal Government is intensifying efforts at making alternative fuel source available, assuring that over 1 million vehicle conversion kits would be…
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Nigerian Association of Road Transport Owners, NARTO, Tuesday, ordered its members to resume operations, one day after it asks its members to withdraw the services of their trucks and tankers nationwide. NARTO stated that this became…
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The Department of Petroleum Resources (DPR) has set up a committee to enhance the safe sale and distribution of Liquefied Petroleum Gas (LPG), also known as cooking gas in the country. Mr Michael Umudu, National Chairman, Liquefied…
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*Our position has remained constant right from inception *We do not want deregulation based on importation Secretary-General of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), Afolabi Olufemi, says the union will…
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The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, disclosed that N8.9 trillion was spent on fuel subsidy by qthe Federal Government, mainly by previous administrations, between 2006 and 2015. According to data released…
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Petrol scarcity may surface across the country as the Nigerian Association of Road Transport Owners on Monday ordered tanker drivers nationwide to halt operations beginning from Tuesday, September 22, 2020. NARTO gave the directive in…
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Nigeria is counting on gas-powered vehicles to help it reduce reliance on gasoline and improve its climate credentials while easing the pangs of ending decades of an expensive fuel-subsidy regime. Energy prices have shot up sharply…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has said the Federal Government removed subsidy on Premium Motor Spirit (PMS), or petrol, because the subsidy regime was characterised by…
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The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang has said that plans were on the way for Nigeria to sell petrol less than N100 per litre. Senator Enang said as soon as local refineries…
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The Federal Government announces plans to begin the conversion of cars for gas fueling by October 2020 following the recent hike in the price of petrol fuel. The recent hike in the price of petrol fuel has made natural gas about 40%…
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