… decreases by 14.23% Month-on-Month Thelma Tokunbo The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG) decreased by 14.23% from ₦6,966.03 in June 2024 to ₦5,974.55 in July 2024. This decline results in an average…
… trucks heading to oil processing facility in Sango-Ota, Ogun state … allegedly owned by OSAD oil & gas marketing company Oredola Adeola The National Agency for Food and Drug Administration and Control (NAFDAC) has seized three petrol tanker trucks…
… says illegal refiners use drums for refining stolen crude, gaining tactical advantage with easy dismantling Oredola Adeola The Nigerian Navy Ship PATHFINDER has dismantled a large-scale illegal crude oil refining site along the Ogoloma-Isaka River in Rivers State,…
… reveals crude oil sales in Naira to Dangote, other domestic consumers begin October 1, 2024 Thelma Tokunbo The Federal Government has announced that the first Premium Motor Spirit (petrol) delivery from the Dangote Refinery is expected in…
… denies subsidy payment, says it was only taking care of PMS importation shortfall … cites distribution, logistics challenges as causes of fuel scarcity in Lagos, Abuja Oredola Adeola The Nigerian National Petroleum Company (NNPC) Limited, in its 2023 Audited…
… we did not discharge 200,000 metric tons of PMS into our facility in July 2024 – Akinola, Matrix Spokersperson Oredola Adeola Matrix Energy Group has asserted that its imported petroleum products meet the specifications set by the Nigerian Midstream…
.. refutes claims of non-remittance, affirms regular tax payments to Federation Account Thelma Tokunbo The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted a media report claiming that the company owes international oil traders $6.8 billion and has not…
…seek public, private sector funding to boost cooking gas utilization across 774 LGAs in Nigeria Oredola Adeola The Women in Energy Network (WIEN), in partnership with Smart Gas Limited, is seeking support from both private and government sectors, along with…
… gears up for a promising 2024, focuses on strategic investments, expansion of gas infrastructure Oredola Adeola NIPCO PLC, one of Nigeria’s leading downstream oil and gas companies, has recorded a 69 percent increase in turnover for the fiscal year…
…. secures $105.33m out of total of $876.26 million at a rate of N1,495/$1 Oredola Adeola The Dangote Oil & Gas Company Limited received $5.33 million for the importation of gasoil and low-pour fuel oil (LPFO), during the most recent…
