Downstream

Oil theft, opaqueness of the Nigerian oil industry may be a thing of the past if indications that the Federal Government has started the process of tracking the country’s oil output, are anything to go by. –By Gideon Osaka Early…
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Leaving no stone unturned, the Nigerian government has finally set a broad based agenda to provide institutional support to 100 indigenous oil and gas service providers, with NCDMB driving the process to the next level, and in line with…
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Nigeria, in January and February, imported a total of 986, 492 metric tonnes of petroleum products representing 1,387,410,984.2 litres of fuel, data from the Nigerian Ports Authority Shipping Position revealed. Frozen fish topped the…
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The Director, Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, Mr. Mohammed Sidi says that oil dealers have been cheating Nigerians of N198,500 per truck sold. Sidi said in Abuja on Wednesday during…
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Petroleum products imports into Nigeria, slumped as just one of the 26 vessels expected into the Lagos ports between now and March 11, is conveying premium motor spirit (PMS). Latest Shipping Position released by the Nigerian Ports…
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The importation of refined petroleum products will decline in March 2019, even as Nigerians consume an average of 53.2m litres of PMS daily. According to the latest Shipping Position Report released by the Nigerian Ports Authority…
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Ahead of tomorrow Presidential and National Assembly elections, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has expressed its commitment to uninterrupted distribution of petroleum products across the country. …
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The Nigerian Liquefied Natural Gas (NLNG), and the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), have reassured Nigerians of the continuous availability and price stability of Liquefied Petroleum Gas (LPG)…
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….Plans Rapid Acquisition of Stations Enyo Retail and Supply Ltd.,an indigenous oil and gas and a customer-focused company, is redefining petroleum products marketing by pioneering a technology driven fuel retailing revolution in…
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Nigeria’s downstream sector of the petroleum industry generates $5billion revenue annually, the Chief Executive Officer of Enyo Retail and Supply Limited, Outlet, Abayomi Awobokun, has said. Awobokun, who disclosed this at the…
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