Downstream

Amid the general gloom that the economy has suffered as a result of coronavirus pandemic, the volume of petrol imported into the country in May plummeted by 72.65 per cent, the latest data obtained from the Nigerian National Petroleum…
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The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil and Gas Sector to boost delivery of gas to the domestic market. The group managing director of…
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…As FG Inaugurates Gas Transportation Network Code to Boost Gas Penetration The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil and Gas Sector to…
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Nigerians, weekend, engaged in panic buying of fuel, as Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday ordered full compliance as members of the Petroleum Tanker Drivers, PTD, in Lagos zone, today down tools to begin…
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After spending N101.65 billion as subsidy on Premium Motor Spirit (PMS), also known as petrol, in the first three months of 2020, the Nigerian National Petroleum Corporation (NNPC) recorded zero subsidy figures for April 2020. According…
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Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, Friday directed members of the Petroleum Tanker Drivers, PTD, in Lagos zone, to shut fuel distribution in and its environs over take-over access roads to tank farms and fuel…
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The South West chapter of Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed all its members in the zone to increase the dispensing pump price of Premium Motor Spirit (PMS) otherwise known as petroleum from N143 to…
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Fuel queues returned to major parts of Lagos metropolis and the Federal Capital Territory yesterday, following announcement of an increase in the ex-depot price of petrol. Majority of the filling station visited by Daily Sun yesterday…
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Nigeria, Africa’s biggest crude oil exporter, has hiked the ex-depot price for Premium Motor Spirit (PMS) also known as petrol by N5.32 per litre. The country’s Pipelines and Products Marketing Company (PPMC), which is a subsidiary of…
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Serious tension is building up at fuel depots and filling stations across the country as Federal Government’s new (August) price band for Premium Motor Spirit (PMS) also known as petrol suffers delay. There was a hike in the price…
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