Petrol Marketers Blame CBN For Scarcity

CBN Yet to Disburse N300bn Real Sector Facility.

The scarcity of petrol across the country is growing worse by the day, as hundreds of motorists spent several hours ...

Kachikwu Orders DPR To Distribute Hoarded Fuel Free To Nigerians

November 18, 2015

The Minister of State for Petroleum Resources, Ibe Kachikwu has directed the Department of Petroleum Resources to seal off fuel stations found ...

Trafigura Says $4.3bn Payments Has Been Made To NNPC, Others

by Editor

November 17, 2015

In a move towards transparency and accountability, Trafigura Private (Pte) Limited has disclosed that it paid $4.3 billion, about N860 billion ...

Platts Says Nigeria Should Focus On Asian Markets For Its Crude

Mercuria Aims To Invest $1.5bn In Downstream Sector, NPDC Oil Blocks

by Editor

November 17, 2015

The co-founder and chief executive officer of Geneva-based Mercuria Energy Group, Mr. Marco Dunand have met with President Muhammadu Buhari, ...

petrol price, NNPC says increase in fuel pump price is inevitable, guide marketers on purchase

There Is Sufficient Fuel To Meet Domestic Demand – NNPC

by Editor

November 16, 2015

The Nigerian National Petroleum Corporation (NNPC) has assured the public that it has sufficient quantity of petrol in stock to ...

DPR Assures Abuja Residents That Fuel Queues Will Soon Disappear

[FUEL SCARCITY] NNPC Directs Mega Stations, Others To Commence 24-hour Service

by Editor

November 15, 2015

The Nigerian National Petroleum Corporation (NNPC) has earmerked a number of measures to ensure adequate supply of petroleum products to consumers. ...

NNPC Releases Monthly Performance Report For August

NNPC Probes Multi-Billion SAP Electronic Management Contract

by Editor

November 13, 2015

The Nigerian National Petroleum Corporation is currently undergoing a technical audit and review of the controversial multi-billion Naira enterprise resource management ...