BREAKING: Petrol Depot Price Reduced To N108, Diesel N164
Following removal of fuel subsidy on premium motor spirit (PMS) otherwise called petrol, the Petroleum Products Marketing Company (PPMC) has announced reduction in the ex-depot price for petrol and automotive…
UPDATE: FG Reduces Petrol Price To N125 Per Litre
President Muhammadu Buhari has approved the reduction in the pump price of Premium Motor Spirit (PMS) from N145 to N125 per litre following the crash of crude oil in the…
[News] Nigeria’s Refineries Worst in Africa – Investigation
The cost of Turn Around Maintenance of Nigeria’s four refineries from year 2000 to date is nearly the total cost of building the refineries, Daily Trust investigation has shown. A…
Kachikwu Signs $80bn Oil and Gas Infrastructure Deals in China
Gets further commitments from Sinopec, CNOOC to close $20bn upstream deals in months Ejiofor Alike in Lagos and Chineme Okafor in Abuja The Minister of State for Petroleum Resources, Dr.…