NNPC targets 100% automation of crude oil sales by December

NNPC targets 100% automation of crude oil sales by December

The Nigerian National Petroleum Corporation (NNPC) says it hopes to attain 100 per cent automation of all transactions involving the supply, marketing and sale...

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15 vessels laden with petrol expected at Lagos ports

15 vessels laden with petrol expected at Lagos ports

No fewer than 45 vessels are expected to berth at Lagos ports in two weeks, with 15 of such vessels laden with Premium Motor...

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Nigerians paid less for petrol, kerosene, diesel in March – NBS

Nigerians paid less for petrol, kerosene, diesel in March – NBS

The National Bureau of Statistics (NBS) has said that the average price paid by consumers for petrol, diesel, and kerosene decreased in March compared...

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Eko Refinery to use Escravos, Forcados crude – Integrated Oil Chairman

Eko Refinery to use Escravos, Forcados crude – Integrated Oil Chairman

Integrated Oil and Gas Services Limited Chairman, Capt. Emmanuel Ihenacho (rtd), has said the upcoming Eko Refining and Petrochemical Limited will rely on crude...

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Global bunker fuel costs may rise by $60bn on IMO sulphur cap

Global bunker fuel costs may rise by $60bn on IMO sulphur cap

As the International Maritime Organisation (IMO’s) 0.5wt per cent sulphur cap for bunker fuels kicks in, global bunker fuel costs could rise by up...

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Manufacturers on course for rift with gas producers over pricing

Manufacturers on course for rift with gas producers over pricing

A major crisis is brewing between members of the Manufacturers Association of Nigeria (MAN) and gas producers over a recent hike in gas price,...

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IPMAN urges NNPC to restore operations in Ore, Ilorin depots

IPMAN urges NNPC to restore operations in Ore, Ilorin depots

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Corporation (NNPC) to expedite the rehabilitation of Ore and Ilorin...

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20 private refineries’ licences expire over inactivity

20 private refineries’ licences expire over inactivity

Twenty of the 43 licences granted by the Department of Petroleum Resources (DPR) to set up private refineries in Nigeria have expired without going...

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Ghana still owes Nigeria $160m for gas supply

Ghana still owes Nigeria $160m for gas supply

Ghana owes a total of $160m for gas supplied to its largest power producer, Volta River Authority (VRA), from Nigeria through the West Africa...

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