Imported petrol landing cost drops to N797.66/litre
The landing cost of imported Premium Motor Spirit (petrol) dropped to N797 per litre on…
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Dangote refinery gets fresh crude cargoes from NNPCL
The Dangote Petroleum Refinery has received additional crude oil supply from the Federal Government as…
Finance minister, NNPCL, others review naira-for-crude policy
The Technical Sub-Committee on the Naira-for-Crude Policy met on Thursday at the Ministry of Finance…
Nigeria Derives More Values From Downstream Than Crude Sales- Lokpobiri
Nigeria is promoting in-country petroleum products refining and is progressively promoting policies to improve downstream…
Global tariff war impacts Nigeria’s oil revenue target
The renewed trade war between the United States of America, USA, and some developed economies has put…
NNPCL briefs MOFI on operations, investments
The Nigerian National Petroleum Company Limited (NNPCL) has provided the Ministry of Finance Incorporated (MOFI)…
Marketers worry as five-month fuel imports hit N6tn
Despite improved domestic refining capacity in Nigeria, major oil marketers have continued to import refined…
Seplat plans 13 new oil wells in 2025
Seplat Energy Plc has said it is planning to operate an additional 13 new onshore…
PMS cost may drop further as crude prices fall
The price of Premium Motor Spirit (petrol) may be on a downward slope if the…
Petroleum Marketers Expects Drop In Transportation Costs After Petrol Price Slash
The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN), is expecting to see reciprocity in…