Downstream

The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed Natural Gas…
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Ayuba Wabba, President of the Nigeria Labour Congress (NLC), has said labour would not protest the recent increment in prices of various essential commodities, including fuel and electricity yet. Also, electricity tariff was increased…
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The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has said that plans are underway to create a window that would allow oil marketers to access foreign exchange at the same rate as theCorporation. He said,…
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Minister of state petroleum resources, Chief Tmipre Sylva has faulted the former vice president Atiku Abubakar over his comments against the removal of fuel subsidy. Atiku had in his tweeter handle insisted that fuel price ought to have…
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There must be cheaper and cleaner alternatives to petrol and diesel made available to the public especially now that full deregulation of the Nigerian Petroleum downstream sector commenced, Major Oil Marketers Association of Nigeria…
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The Edo Modular Refinery is targeting an increased refining capacity of 60,000 barrel per day (bpd) of crude oil against its original 6,000 bpd. The modular refinery is a project being developed by two Chinese firms, the AIPCC Energy…
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The Nigeria National Petroleum Corporation (NNPC), Group Managing Direction, Engr. Mele Kyari has said that plans are under way to help marketers have access to foreign exchange (Forex) and this will enable them to import Petroeum…
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There are fresh doubts over the federal government’s claim of fuel deregulation of the downstream segment of the petroleum industry with the latest admission by the Group Managing Director of the Nigerian National Petroleum Corporation…
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that the benefits of oil subsidy removal, far outweighs immediate pains that it currently presents. The GMD said this while discussing the…
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The Group Marketing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has dismissed the criticism that followed the recent fuel price increase. According to Kyari, the issue of subsidy has been a big issue in…
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