Checks: Petrol not 40 per cent cheaper in Nigeria than Saudi Arabia – checks faults Dangote’s claim
Founder of Dangote Refinery, Alhaji Aliko Dangote, stirred controversy and disbelief among oil industry statistics pundits when he declared…
Yoruba Stakeholders Assembly: Separating Facts from Fiction on PMS Pricing
A group, identified as Yoruba Stakeholders Assembly, has lent its voice to the recent controversy surrounding the pricing of premium…
PMS prices are determined by free market forces – NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that foreign exchange (forex) illiquidity has been a significant factor…
Port Harcourt Refinery ready to load products
…marketers eye N500/litre petrol Oil marketers are gearing up to load refined petroleum products from the old Port Harcourt Refining…
NNPCL hikes petrol pump price to N617 per litre
A visit to a Nigerian National Petroleum Company Limited (NNPCL) mega filling station in the Central area of Abuja on…
Mainland Oil slashes petrol prices, accelerates services
Nigeria’s newest major marketer, Mainland Oil and Gas Company Limited, has accelerated petrol retail services at all its 34 stations…
Current price of petrol has become unsustainable – DAPPMAN
Depot and Petroleum Products Marketers’ Association of Nigeria (DAPPMAN), one of the supply brokers in the domestic fuel market has…
Lagos to probe incident of petrol souvenir at party
The Lagos State Government has announced that it is investigating a viral video showing kegs of petrol handed out as…
Petrol with excess ethanol cause of scarcity – Regulatory body
Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) has revealed that premium motor spirit (PMS), popularly called petrol, with…
Buhari govt reduces pump price of petrol
The Nigerian government has ordered the reduction of pump price of petrol from N168 per litre to N162.44 per litre.…