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Oil Marketers Plan 7,000 Autogas Stations With N250bn Loan

Oil Marketers Plan 7,000 Autogas Stations With N250bn Loan       Oil marketers have commenced the process of converting over 7,000 retail outlets across the country to autogas stations as part of measures to deepen the use of gas in automobiles. It was gathered that the marketers were...

Dangote Refinery: Marketers Differ On NNPC Proposed Stake Acquisition

Dangote Refinery: Marketers Differ On NNPC Proposed Stake Acquisition       Oil marketers have expressed divergent views on the proposed acquisition of a 20 per cent stake by the Nigerian National Petroleum Corporation in Dangote refinery. S&P Global Platts had reported on Thursday that the NNPC was in...

Petrol Price Hike: Major Marketers Call For Initiative To Mitigate Effects

Petrol Price Hike: Major Marketers Call For Initiative To Mitigate Effects       Marketers of petroleum products under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have called for a joint action of stakeholders in the Nigeria economy to find ways to mitigate adverse effects...

Fuel Scarcity Looms As Marketers Disrupt Petrol Loading

Fuel Scarcity Looms As Marketers Disrupt Petrol Loading       Members of the Independent Petroleum Marketers Association of Nigeria on Wednesday disrupted loading of petroleum products at private depots in Apapa as well as Ibadan, Ejigbo and Mosimi depots belonging to the Nigerian National Petroleum Corporation. Our correspondent...

Petrol Pump Price May Hit N190 As Oil Nears $60

Petrol Pump Price May Hit N190 As Oil Nears $60       Marketers have said with the current realities in the global crude oil markets, the price of Premium Motor Spirit (petrol) in Nigeria should be between N185 and N200 per litre, unless the government wants to...

FG Insincere With Deregulation, Say Oil Marketers

FG Insincere With Deregulation, Say Oil Marketers         Oil marketers yesterday accused the Federal Government of paying lip service to the implementation of total deregulation of the downstream oil sector, especially as it affects domestic consumption of premium motor spirit (PMS) or petrol. The government had, a...