Filling stations across Nigeria have reduced their pump prices following a reduction in depot rates by the Dangote Refinery, but marketers say it may not last.
Filling stations across Nigeria have reduced their pump prices following a reduction in depot rates by the Dangote Refinery, but marketers say it may not last.
An energy company, H-PTP, has spoken out against an alleged breach of contract and economic sabotage against it by a group over contractual obligations
Petroleum Marketers are pleading with the FG to allow its members to purchase petroleum products directly, in order to alleviate pressure within the business.
The Nigerian government has taken a bold step to crash the prices of CNG, LPG, and diesel by removing Value Added Tax (VAT) from the products nationwide.
The local currency, naira, is not yet being used by members of the Crude Oil Refiners Association of Nigeria (CORAN) to pay for sales of crude oil.
The Nigerian National Petroleum Company Limited (NNPC) has so far supplied almost 50 million barrels of crude oil to Dangote Refinery in the last 10 months.
Fuel output at the Port Harcourt refinery in Rivers State has once again been delayed by the Nigerian National Petroleum Company Limited, new findings has shown.
Oil marketers who visited the Port Harcourt refinery said the facility will begin selling petroleum products very soon after mechanical works are completed.
Mega filling station owners in Nigeria ask the Nigerian National Petroleum Company Limited to allow them to freight petroleum products nationwide at cheaper rate.
Oil Marketers have said that they have begun intense lobbying to purchase petrol directly from the Dangote refinery, thereby bypassing the NNPC as landing cost drops
Energy
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