The lingering petrol scarcity in Nigeria is under threat of getting worse as petrol marketers engages the Federal Government in dispute over payment N650 billion outstanding...
The Delta State Government has announced it would commence the construction of three modular refineries with total crude refining capacity of 30,000 barrels per day from...
At the ongoing Nigerian International Petroleum Summit, the Minister of State for Petroleum Resources, Ibe Kachikwu, lamented the country’s low oil- producing capacity. He informed OPEC members...
Brent crude has continue its downward trend fuel by stronger Dollar and a bout of profit-taking, while U.S. futures gained, bringing the discount between the two key...
The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has given the federal government a 14-day ultimatum to settle a N650 billion debt allegedly owed...
The Nigerian National Petroleum Corporation (NNPC) has said the ongoing fuel scarcity has continued to linger because of the regulated price regime which had made cost...
Instability of exchange rates, vandalism of gas pipelines and several other factors has been blamed for the stunted development in Nigeria’s power sector. Pioneer Managing Director...
Delta State Government has approached the Department of Petroleum Resources (DPR), to secure approval for the construction of three modular refineries with total crude refining capacity...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the country could experience another period of petrol scarcity in Lagos and other south western states...
House of rep members in the lower chamber of the National assembly has resolved that the current fuel scarcity lingering in the country cannot be resolved...