Fuel consumption down by 20m litres daily – PPPRA

Fuel consumption in the country has dropped to about 40 million litres in 2012 from about 60 million litres daily in 2011, Executive Secretary...

‘FG, marketers responsible for kerosene scarcity’

The Chairman, House of Representatives Committee on Petroleum Resources (Downstream), Rep.Dakuku Peterside, has said that  inefficiency on the part of government, its agencies, depot...

Dip in oil production worries NUPENG

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned that the sudden drop by 42 per cent of the nation’s oil...

Conoil’s Q3 profit soars by 341%

Conoil Plc has rekindled its 2013 half year performance with yet another outing for the third quarter of the year. According to Conoil’s unaudited report...

ICPC not after PPPRA, says Stanley

The Petroleum Products Pricing Regulatory Agency (PPPRA) has dismissed allegations that the ICPC was investigating the agency over some alleged infractions. Reacting to the allegation...

NNPC says Minna Depot fire will not affect fuel distribution

The management of NNPC on Sunday said the fire incident at its Minna Depot would not affect petroleum products distribution. A statement issued by the...

Oando, MFBs to drive cooking gas consumption

A petroleum product retailer, Oando Marketing Plc, has signed a Memorandum of Understanding with the National Association of Microfinance Banks to encourage the mass...

NNPC GMD, Warri refinery MD absent at senate probe panel meeting

Officials of Nigeria National Petroleum Corporation (NNPC) and Managing Director of the Warri Refinery and Petrochemical Company Thursday stayed away from a meeting called...

We have over 100 illegal petrol stations in Oyo – IPMAN

There are over one hundred illegal filling stations operatin in Ibadan, Oyo State, the Operations Controller of Independent Petroleum Marketers of Nigeria (IPMAN), Mr...

Unending wait for Ports and Harbours Bill passage

To say that the reform of Nigeria’s port system was one of the best things that happened to it is to state the obvious....

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