Downstream

The Department of Petroleum Resources in Cross River has assured residents in the state and beyond that there was enough product to serve for the Christmas season and beyond. DPR Operations Controller in the state, Mr Sircham…
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The Department of Petroleum Resources (DPR) has launched new upstream guidelines with the aim to promote efficiency, transparency and accountability in the sector. Speaking at the Annual Rig & Vessel Stakeholders Regulatory Workshop…
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The Nigerian National Petroleum Corporation (NNPC) has signed a partnership with Nigeria Agip Oil Company (NAOC) to boost reserve base. In a statement released by the corporation, the Group Managing Director of NNPC, Mele…
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-By Kenny Folarin Nigeria's average daily consumption of petrol has hit 67.66 million litres, indicating an increase of 33.89 million litres when compared to daily consumption figures recorded in September 2019. A Petroleum…
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Latest data from the Petroleum Products Pricing Regulatory Agency (PPPRA) indicates that petrol under recovery (commonly called subsidy) is now N21.22Kobo per litre. Data from the agency also shows that the average daily truck-out…
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The Federal Government has assured that there will be no scarcity of Petroleum Products during this Christmastide. The assurance was given by top Federal government officials during a meeting in Abuja with stakeholders in the oil and…
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… As Corporation’s GMD Say No Plans to Increase Fuel Critical major Stakeholders in the Downstream Sector of the Petroleum Industry rose Tuesday in Abuja at a meeting chaired by the Group Managing Director of the Nigerian National…
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Data obtained from the Petroleum Product Pricing Regulatory Agency shows that the price Nigerians should have paid for a litre of petrol if there was no subsidy on November 21 would have been N178.92 — a difference of N45.64 The Nigeria…
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…FG paying N1.53bn daily The amount the Federal Government, through the Nigerian National Petroleum Corporation, NNPC, is paying for subsidy on Premium Motor Spirit, PMS, also known as petrol, has risen to N27.81 per litre, according to…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN), Aba Unit has cried out over the non-availability of petroleum products at the NNPC Depot Osisioma, Aba, which is the only functional depot in the South-east zone. It…
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