Oil Prices Fall As Fuel Demand Sinks   Oil prices fell on Wednesday despite a massive pending United States economic stimulus package as the coronavirus pandemic sharply dented US fuel demand in the latest week, with traders bracing for further declines. Demand for oil products, especially jet...

Era Of Fuel Scarcity Is Over In Kano, Says IPMAN   Kano state Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN) Alhaji Bashir Ahmad Danmallam has described the success of ‘Operation White Project’ introduced by NNPC in 2019 as the key that dealt with fuel...

Petrol Subsidy Averages N45.87/litre As Oil Prices Drop   The Federal Government currently incurs an average of N45.87 as subsidy on every litre of petrol consumed in Nigeria, as industry data obtained on Wednesday showed decline in global crude oil prices. According to figures from the Petroleum...

Fuel Will Be Available During Yuletide, NNPC, Reps Assure Nigerians   The Nigerian National Petroleum Corporation (NNPC), and the House of Representatives have assured Nigerians that there will be no incidence of fuel scarcity during the upcoming Christmas period and even up to the New Year. The...

Dangote Plans To Export Fuel To Europe, Others   Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and Central Africa. The company stated this on Sunday during a visit by a delegation led by the Minister...

Dangote Refinery To Begin Full Pipeline Delivery Of Fuel   The oil refinery being built by Dangote Group will deliver its fuel to Nigerian consumers by road and seaports, and will effectively replace all of the country’s fuel imports once fully operational, an executive of the...