The Nigerian government has removed the subsidy from compressed natural gas (CNG). The development has resulted in scarcity and long queues at filling stations.
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NNPC reduces fuel prices ahead of public holiday on Friday
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New competition for Dangote as another refinery begins fuel production after 50 years
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FG introduces new fossil fuel tax, Nigerians to pay at the point of purchase
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Nigeria Rises: Joins Saudi Arabia, UAE among World’s top oil producers – OPEC
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Women in Energy: Meet the top 10 female CEOs leading Nigeria’s oil and gas industry
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Report lists places to get petrol at cheapest price in Nigeria, Delta, Lagos top chart
According to a recent National Bureau of Statistics survey, the average retail price that consumers paid for Premium Motor Spirit (Petrol) in October 2024 was N1184.
Dangote, others generate more electricity than Nigerian government as they dump DisCos
Over 250 firms and academic institutions led by the Dangote Group generate a cumulative 6,500MW of electricity, more than Nigeria's 4,500 megawatts.
Oil marketers say petrol stations forced to lay off staff due to low sales
Retail outlets owners may be forced to lay off staff, due to low sales. PETROAN says the high price of petrol has reduced sales, thus affecting their businesses.
New fuel prices to emerge as crude oil soars in international market
The price of Brent crude has risen in the international market, signalling the possibility of petroleum product price increase in depots across Nigeria.
IKEDC, EKEDC record highest customer complaints as DisCos refund N207m credit in 3 months
According to the latest NERC report, the number of customer complaints across electricity DisCos hit 328,696 in Q3 2024, with Ikeja and Eko DisCos topping the list
DisCos in crisis as consumers refuse to pay N348bn electricity bills in 9 months
Electricity Distribution Companies (DisCos) in Nigeria are facing a liquidity crisis as consumers default on the payment of N348 billion in debt owed in nine months.
Marketers, oil companies partner to build new refinery to rival Dangote, NNPC
The Petroleum Products Retail Outlets Owners Association of Nigeria has disclosed that they signed a deal with three oil firms to build a 50,000bpd-capacity refinery
Dangote Refinery expands crude storage with 8 new tanks amid local supply challenges
The Dangote Petroleum Refinery is increasing its crude oil storage capacity by 1 billion litres, equivalent to approximately 6.29 million barrels.
Nigerians attest to long-lasting Dangote fuel, blast others for low-quality
Nigerians praised the quality of refined petroleum products obtained from the Dangote Refinery and offered at MRS Oil Plc filling stations around the country.
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