Downstream

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country. Baru disclosed this while fielding questions from…
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Despite the current 445,000 barrels per day (bpd) capacity of the country’s refineries and Dangote’s 650,000 bpd refinery expected by 2020, Nigeria will still have a shortfall of 427,000 bpd, equivalent of 20 million litres of Premium…
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Long queues of vehicles in some petrol stations are gradually resurfacing in Damaturu, the Yobe state capital, an indication of fuel scarcity as observed on Monday. An investigation carried out showed that in most of the petrol stations…
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The Manufacturers Association of Nigeria (MAN) has called for a dialogue between the federal government and other relevant stakeholders on how to resolve the lingering problem of petroleum subsidy. MAN stressed that if no…
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Govt to pay 19.4% of landing cost As the Senate rejects bill to phase out petrol cars in the country, no fewer than 17 vessels are jostling to berth at four petroleum jetties in Apapa with 608,302 metric tons of premium motor spirit…
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The Department of Petroleum Resources (DPR), at the weekend said it has sanctioned 10 filling stations caught dispensing fuel above N145 per litre government approved price in Rivers State. Its Port Harcourt Zone Operations’…
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The Department of Petroleum Resources says it has sanctioned 10 filling stations caught dispensing fuel above N145 per litre government approved price in Rivers. DPR’s Port Harcourt Zone Operations’ Controller, Bassey Nkanga, disclosed…
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The Nigerian National Petroleum Corporation (NNPC) has declared that it has no plan to increase the current petrol (fuel) pump price of N145 per litre. Naija News reports that the assurance is coming after Ibe…
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The Nigerian National Petroleum Corporation (NNPC), will raise the total volume of petrol available in its storage facility to 2.4 billion litres to avoid potential scarcity, its Group Managing Director, Dr. Maikanti Baru, has said. …
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The Department of Petroleum Resources (DPR) Field Office in Enugu says petroleum marketers who sell products above government approved prices risk having their stations sealed. Mr Anthony Douji, the Head, Retail Outlet and Marketing in…
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