The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the price of Premium Motor Spirit (PMS) for marketers, lowering it from ₦1,045 per litre to ₦1,030 per litre. This announcement was made by Dr. Billy Harry, National President of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), during a strategic meeting and award … Read more
The Nigerian National Petroleum Commission (NNPC) has attributed the delay in the much-anticipated take-off of the Port Harcourt Refinery to unforeseen challenges encountered during its rehabilitation, describing the project as a complex brownfield operation. EKO HOT BLOG reports that speaking on Monday, NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, stated that the company had achieved … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has firmly dismissed claims that it has ceased the importation of refined petroleum products, calling recent reports a “misrepresentation and misinterpretation of facts.” The reports, which circulated widely online on Tuesday, suggested that NNPCL’s Group Chief Executive Officer, Mele Kyari, had announced an end to fuel importation, citing … Read more
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to engage in talks with Dangote Petroleum Refinery from Tuesday to Wednesday to finalise agreements on the pricing and lifting of petrol from the facility. According to reports on Sunday, the Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) had been asked by the $20 … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has given major petroleum marketers the green light to start lifting premium motor spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery. This decision aligns with the existing agreement between NNPCL and the refinery. Under the original agreement, NNPCL was designated as the exclusive distributor of … Read more
NMDPRA is awaiting new reports to confirm the sulphur content of Dangote refinery diesel amid claims and counterclaims about fuel quality. EKO HOT BLOG reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is anticipating new reports to verify the sulphur content of diesel produced by the Dangote refinery. This follows Dangote’s rebuttal of … Read more
 The Minister of State for Petroleum Resources, Timipre Sylva, says the news of Nigeria Importing fuel From Niger republic should lift the spirits of Nigerians and gladden their hearts. The Federal government through the Ministry of Petroleum Resources signed a memorandum of understanding with the government of Niger Republic for the importation of petroleum … Read more