The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has renewed calls for Nigeria to strengthen its domestic refineries, citing the escalating Middle East crisis and its impact on global oil markets.

Marketers to FG: Probe N11.35trn Spent on NNPC Refineries   The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has demanded that authorities fully account for an estimated N11.35tn reportedly spent on the rehabilitation of state-owned refineries, warning that continued opacity undermines confidence in the...

PETROAN Disputes Claims of Lifting Petrol from P'Harcourt Refinery   The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has denied lifting Premium Motor Spirit (petrol) from the Port Harcourt Refining Company, managed by the Nigerian National Petroleum Company Limited in Rivers State. Based on its...

Six depot owners across the country have reduced the prices of petrol as competition increases in the downstream sector of the petroleum industry.

Petrol Landing Cost Hits N870, Surpasses Dangote’s Price   The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers Association of Nigeria have shown. This is even as the price offered by the Dangote Petroleum Refinery threatened...

Oil Marketers Blame Fuel Scarcity on Logistics Challenge Oil marketers have attributed this round of scarcity of Premium Motor Spirit also known as petrol, to lingering logistics challenges. This was disclosed by the President of the Petroleum Products Retail Outlets Owners Association, (PETROAN), Billy Gillis-Harry who...