Just In: Two petrol tankers explode in Adamawa filling station

A fire outbreak on Tuesday engulfed two petrol-laden tankers at an MRS filling station along Numan Road, opposite the Jezco filling station near Yola International Airport, AdamawaState. The incident caused significant disruption to vehicular movements as the road leading to Yola, the State capital, was blocked. Residents rushed to the scene to witness the inferno,ContinueContinue reading “Just In: Two petrol tankers explode in Adamawa filling station”

Dangote refinery reduces petrol pump price

Barely three weeks after announcing an increase in the cost of loading Premium Motor Spirit, commonly known as petrol, the Dangote Petroleum Refinery has made a surprising move by reducing its ex-depot (gantry) price of petrol, lowering it from N950 to N890 per litre.In a statement signed by Group Chief Branding and Communications Officer, AnthonyContinueContinue reading “Dangote refinery reduces petrol pump price”

Breaking; NNPCL increases petrol pump price in Abuja, Lagos

Retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) have effected an upward adjustment in the pump price of the Premium Motor Spirit, also known as petrol, from N965 to N990 per litre in the Federal Capital Territory.The new price template effected nationwide on Tuesday also increased NNPCL price in Lagos from N925ContinueContinue reading “Breaking; NNPCL increases petrol pump price in Abuja, Lagos”

Just In: Dangote refinery reduces petrol price to N899.50K/litre

In a move to ease the burden of rising fuel costs during the festive season, Dangote Petroleum Refinery has announced a significant reduction in the price of its Premium Motor Spirit (PMS).The new price, set at N899.50 per litre, marks a decrease from the previously reduced rate of N970 per litre on November 24, 2024.ThisContinueContinue reading “Just In: Dangote refinery reduces petrol price to N899.50K/litre”

Products from PH refinery solely for our outlets – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has said that the products from the newly newly turn-around Port Harcourt Refinery Company (PHRC) are solely and exclusively for its retail outlets Mr Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL revealed this on Wednesday. Soneye clarified that the refinery has not yet begun bulk salesContinueContinue reading “Products from PH refinery solely for our outlets – NNPCL”

Port Harcourt refinery begins operation

The Port Harcourt Refinery, managed by the Nigerian National Petroleum Company Limited (NNPCL) through the Port Harcourt Refining Company Limited (PHRC) has commenced operations after undergoing rehabilitation and modernisation. The refinery with 210,000 bpd refining capacity located at Alesa, Eleme, in Port Harcourt, comprises two operational units which were established in 1965 and 1989. TheContinueContinue reading “Port Harcourt refinery begins operation”

Just In: IPMAN, Dangote refinery reach agreement on direct fuel lifting

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly.IPMAN’s National President, Abubakar Garima, announced this at an ongoing press briefing on Monday in Abuja, following a meeting of the National Working Committee of the Association.He said the partnership would ensure a steady, affordable supply ofContinueContinue reading “Just In: IPMAN, Dangote refinery reach agreement on direct fuel lifting”

Dangote acting as regulator in oil, gas market – Ezeilo

A former United Nations Special Rapporteur on Human Trafficking, Professor Joy Ngozi Ezeilo, SAN, says Africa’s richest man, Aliko Dangote is acting as if he’s a regulator in the oil and gas market.Ezeilo said this could be described as an attempt to establish a monopoly, which according to her could worsen Nigerians’ exploitation.DAILY POST recallsContinueContinue reading “Dangote acting as regulator in oil, gas market – Ezeilo”

Prioritize our 1b litres locally refined petrol, Dangote begs NNPCL, marketers

Billionaire businessman and industrialist Aliko Dangote has called on the Nigerian National Petroleum Corporation Limited (NNPCL) and other fuel marketers to prioritize locally available petroleum products, highlighting that he has over 1 billion liters stored and ready for distribution.Dangote emphasized the financial burden of maintaining such a large supply, urging immediate action from fuel distributorsContinueContinue reading “Prioritize our 1b litres locally refined petrol, Dangote begs NNPCL, marketers”

NNPCL begins loading of petrol from Dangote refinery Sept. 15 – FG

The Presidential Committee on the Sale of crude oil and Refined Product has announced the date for loading of petroleum products from Dangote Refinery.A member of the committee and Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji, said loading of petrol from the refinery would commence on Sunday, September 15.Adedeji disclosed this whileContinueContinue reading “NNPCL begins loading of petrol from Dangote refinery Sept. 15 – FG”