Scores of demonstrators hit the streets of Abuja on Monday to demand the immediate dismissal of the Group Managing Director of the Nigerian National Petroleum Corporation Limited, Mele Kyari, over the lingering fuel scarcity bedevilling the country. The protest comes on the heels of the Nigerian National Petroleum Corporation Limited’s confession that its substantial debt to suppliers is endangering the …

The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit (PMS), otherwise known as petrol, according to The PUNCH. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to The PUNCH that the product would hit the market soon. The sources, who pleaded anonymity, …

Human rights lawyer Femi Falana says the “importation scam” around petrol must be investigated. “It is high time the importation scam was investigated”, he said on Channels Television’s Sunday Politics programme. “I am not talking of the joke that is going on in the National Assembly. The media must help, civil society organisations must help to expose the fraud”. There …

President Bola Tinubu has been urged to declare a state of emergency on gas flaring in Nigeria due to severe health problems in the Niger Delta region and wage a stern war against corruption in the oil sector. The Executive Producer of Insider the Niger Delta, Mamode Akugha, persuaded President Tinubu-led administration to urgently stop emissions and flaring of gas …

Many filling stations operated by independent oil marketers have now fixed the pump prices of Premium Motor Spirit (PMS), popularly called petrol, at between N900 and N1,000/litre. Owners of these stations seem not to care about the cost of the product at retail outlets operated by the Nigerian National Petroleum Company Limited (NNPCL). Petrol prices at NNPC stations range from …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has provided update on the status of some divestments, which have recently received ministerial consent. This included the divestment by Mobil Producing Nigeria Unlimited (MPNU), which has been subject to a lot of public attention. According to the NUPRC, the action is in line with its commitment to transparency and belief in the …

Dangote Petroleum Refinery and Petrochemicals is set to begin production of premium motor spirit (PMS) popularly called petrol. Dangote Industries Limited’s Vice President for Oil & Gas, Mr. Devakumar Edwin, announced this during the tour of the refinery complex by the League of Engineering Bodies, including the National Society of Engineers (NSE), the Nigerian Academy of Engineering (NAE), the Association …

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has queried high influx of Indians in the oil and gas industry in the country. PENGASSAN President, Festus Osifo, said Indians are taking over low-level jobs in the sector in flagrant abuse of the expatriate quota system. Osifo raised the concern at the closing of the 3rd edition of …

The Dangote Petroleum Refinery is reducing its importation of crude from the United States (US), taking more of Nigeria’s oil for processing, a report by Bloomberg said. The report stated that the 650,000 refinery is set to import just over four-fifths of its feedstock from domestic sources in the third quarter. That compares with less than three-quarters in the prior …

Oil producers, under the aegis of the Independent Petroleum Producers Group, have warned against being forced to sell crude oil to the Dangote Refinery and other local ones in Nigeria. The IPPG also called on the Nigerian National Petroleum Company Limited to re-direct its allocated crude oil volumes to Dangote Refinery and other local refineries to mitigate the current crude …