Petrol scarcity looms as tanker drivers launch protest, vow to dump NUPENG
The Petroleum Tanker Drivers (PTD) have launched a nationwide protest and threatened to severe ties with their parent union, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) if…
FG to cancel refinery licences not in use – Petroleum minister
Dr Heineken Lokpobiri, minister of state for petroleum resources (oil) said the licences of refineries not in use will be cancelled. He was speaking in Bayelsa at the weekend following…
NNPC set to allocate six million barrels of crude oil to Dangote Refinery
The Nigerian National Petroleum Company (NNPC) Limited is expected to allocate six million barrels of crude oil to Dangote Refinery in December 2023. The move by the national company is…
Rehabilitation: Kaduna refinery ready by end of 2024 – Petroleum minister
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited, KRPC, will be back…
Ribadu confirms Nigeria still losing over 400,000 barrels of crude oil per day
National Security Adviser (NSA), Malam Nuhu Ribadu, has confirmed that the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite efforts to end…
Cooking gas price hike looms, Nigerians brace for more pain
The price of cooking gas is set to rise again next week, according to the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM). The association's president, Olatunbosun Oladapo, said the…
Illegal oil refineries: NSCDC makes major inroads
The Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Ahmed Audi, on Wednesday disclosed that operatives of the Corps have destroyed over 100 illegal refineries across the…
NNPC hikes petrol price, now sells for ₦617 per litre
The Nigerian National Petroleum Company Limited (NNPC) on Tuesday morning raised the pump price of petrol from N537 to N617 in Abuja and surrounding cities. As a result of the…
Military responsible for 99% of oil theft – Asari Dokubo
Asari Dokubo, a former leader of the Movement for the Emancipation Niger Delta (MEND) has accused the military of being responsible for about 99% of oil theft in the country.…
Our association has numerical strength to force down price of fuel – IPMAN
Following the removal of fuel subsidy by the Federal Government, the Independent Petroleum Marketers Association of Nigeria has noted that the price of fuel will reduce. This information was provided…