Cooking gas: Breaking cost barrier for indigent citizens

The socio-economic benefits of switching from kerosene, firewood and charcoal to Liquefied Petroleum Gas (cooking gas) are innumerable, but the cost barrier remains a...

Total blames delayed subsidy payment for revenue loss

Total Nigeria Limited, one of the major oil marketers in the downstream subsector, has blamed delayed payment of fuel subsidy by the Federal Government...

IPMAN sells kerosene at N50 per litre

The Independent Petroleum Marketers Association of Nigeria has started the sale of kerosene at N50 per litre across its filling stations nationwide. The campaign, which...

Congestion: 4,000 containers to be transferred to Ikorodu terminal

In a bid to decongest the Lagos area ports, the Federal Government is set to transfer over 4000 unclaimed containers from the various terminals...

Group tasks govt on new refineries

Marketers in the downstream sector of the nation’s petroleum industry have urged the Federal Government to consider building of new low-capacity, cost effective refineries...

13 vessels with petroleum products arrive Lagos ports

The Nigerian Ports Authority (NPA) yesterday said 13 vessels laden with petroleum products have arrived at the Lagos ports. The NPA disclosed this in its...

Fire destroys two fuel tankers at NNPC Yola depot

There was anxiety at the Nigerian National Petroleum Corporation (NNPC) Yola Depot yesterday when fire gutted two fuel tankers. The chairman of the Adamawa/Taraba Petroleum...

Total’s downstream investment in Nigeria hits N150b in 3 years

The management of Total Nigeria Plc estimated at the weekend that its downstream investmen in Nigeria between 2010 and 2013 is over N150 bllion. Managing...

NNPC lifts 55m barrels of crude as exchange for refined products

The Nigerian National Petroleum Corporation (NNPC) had lifted about 55,447,262 barrels under the crude oil for product SWAP agreement in 2012. The crude oil swap...

Where are the abducted American sailors?

The whereabouts of American sailors abducted by gunmen offshore Brass waters in Bayelsa State are still unknown. In fact, there is unusual silence among...

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