Retailers to Begin Loading from P’Harcourt Refinery – PETROAN Barring any last-minute change in plans, marketers and retailers of petroleum products will lifting Premium Motor Spirit (petrol) from the Port Harcourt Refining Company this week. The Publicity Secretary of the Petroleum Products Retail Outlet Owners Association...

How NNPCL Turned Down Dangote's $750m Offer to Manage Nigeria Refineries - Obasanjo Former President Olusegun Obasanjo has disclosed details of how the Nigerian National Petroleum Corporation (NNPC) rejected a $750m offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt & Kaduna...

Marketers Predict Fuel Price Drop as Warri Refinery Resumes Production   The Nigerian Midstream and Downstream Petroleum Regulatory Authority and oil marketers have announced that the resumption of operations at the Warri Refining and Petrochemicals Company Limited is expected to lead to a further reduction in...

Why We Reduced Petrol Price to N899 - Dangote  Aliko Dangote, President of Dangote Industries Limited, has disclosed that market dynamics are primarily responsible for the recent drop in the price of Premium Motor Spirit, commonly known petrol, to N899.50 per litre at its loading...

Fuel Price Drops in Lagos, Abuja as Marketers Adjust Rates   Petrol prices yesterday crashed for the first time post-deregulation era. The crash can be attributed to a reduction in ex-depot price of the product announced by the Dangote Refinery from N970 to N899.50 per litre...

Port Harcourt Refinery Back in Operation, Commences Petrol Loading   After one week of inactivity, the Port Harcourt Refining Company has resumed the trucking out of Premium Motor Spirit otherwise called petrol. Recall that the refinery abruptly stopped the loading of petrol a fortnight ago as no reason was...