Downstream

The Federal Government says it can no longer bear the burden of petrol subsidy. The Minister of State for Petroleum Resources, Timipre Sylva, said this in a statement on Thursday. He said the government had realised that it was…
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Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, blamed fuel subsidy and non-deregulation of the downstream petroleum sector for the low refining capacity in the country, noting that subsidy made it impossible for…
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In the light of recent misguided comments and insinuations, the Federal Government has stated that it has been appropriate for the Ministry of Petroleum to explain the misconceptions on the issue of deregulation of petroleum products. …
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The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum industry, irrespective of the recent deregulation of the sector, to prevent petroleum products marketers…
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…Insists it no longer fixes fuel price The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum industry, irrespective of the recent deregulation of the…
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…Records 47 Per cent decrease in pipeline vandalism The Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating to an average daily production of…
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The Nigerian National Petroleum Corporation (NNPC) says its target to grow the nation’s reserve to 40 billion barrels by the year 2023. This was disclosed by Malam Mele Kyari, Group Managing Director, NNPC. He spoke during the…
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Some states in Nigeria still pay more for one litre of petrol despite newly released price band of N121.50 to N123.50 per litre by the Petroleum Products Pricing Regulatory Agency, PPPRA earlier in the month. The National Bureau of…
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The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, says the organisation does not know the exact litres of oil being consumed in the country per day. He, however, said the NNPC has the record of the…
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The Director of Petroleum Resources, Engr. Sarki Auwalu has inaugurated the network code operationalisation teams for the full implementation of the Nigeria Gas Transportation Network Code (NGTNC) which was recently launched by the…
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