After more than a year of relief from fuel scarcity in the country, filling stations in some parts of Lagos experienced queues on Monday, while some refused to sell Premium Motor Spirit, popularly known as petrol, to motorists. The Punch reported pockets of fuel queues in Lagos has emerged few days
Oil & Gas
US gas price drops 7 cents to $2.54 for regular
CAMARILLO, Calif. (AP) — The average price of a gallon of regular-grade gasoline dropped 7 cents nationally over the past two weeks to $2.54. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the spike comes despite a jump in oil prices. The current gas price is 34 cents above
Continued importation of dirty fuel raises fears
• Experts warn of health, economic consequences • Ghana beats Nigeria in curbing trend • ‘NNPC working to meet SON specification’ Millions of Nigerians risk health and economic consequences following Federal Government’s failure to meet the deadline on the importation of high sulphur (dirty) fuels.A communiqué jointly issued by the United Nations Environment
Lagos Governor call-up system for tankers and containerized trucks
Apapa, Lagos - The Governor of Lagos State, Akinwunmi Ambode, has suggested that a call-up system for tankers and containerized trucks should be structured to eliminate the present Apapa traffic chaos, while issuance of licenses for more tank farms in the axis should be put on hold. Ambode said this at the
Petrol Price in Kenya Rises By Sh1.03 in November Fuel Review
NNPC allays fear of petrol scarcity during festive season
File Photo: NNPC mega station in Katsina. Credit: The Guardian Corporation’s GMD tasks new PPMC board on profitability • NCDMB to prosecute oil firms for non-compliance with local content policy • ‘Nigeria to save N43.2 billion yearly as OVH commissions Lagos jetty’ Abuja - (The Guardian) The Nigerian National Petroleum Corporation (NNPC) has dispelled
Egyptian Petroleum minister forecloses fuel price hikes in current fiscal year
Cairo - Egyptian Petroleum Minister Tarek al-Mulla reiterated on Thursday that the Cabinet does not plan to raise the prices of petroleum products during the current fiscal year 2017-2018. Mulla added in an interview broadcast on the privately-owned Extra News satellite channel, on Thursday evening, that the government since 2014 has
Two Billion Litres Of Petrol Stored For End-Of-Year Movement – NNPC
Petrol storage tanks Abuja Nigeria - The Nigerian National Petroleum Corporation (NNPC) had announced on Tuesday that it had stored over two billion liters of Premium Motor Spirit, also known as petrol, to ensure a hitch-free end-of-year movement of motorists. Knowing that the end-of-year period had been hitherto characterized by scarcity
Apapa Jetty fire will not affect fuel supply – NNPC
The Nigerian National Petroleum Corporation, NNPC, has assured motorists and other consumers of petroleum products nationwide that the fire incident which occurred at Apapa loading jetty at the early hours of yesterday will not affect supply of petroleum products. NNPC advised motorists not to engage in panic paying, adding that they
Petrol price reduced to N142 per litre
The Nigerian National Petroleum Corporation (NNPC) says the prices of petrol, and cooking gas have crashed across the country. The NNPC said sustained strategic intervention in the efficient supply and distribution of petroleum products led to the significant fall in the prices of petrol and gas. Abuja - A statement issued on