The Nigerian Midstream and Downstream Petroleum Regulatory Authority has identified crude oil sourcing, single-source domestic refining, logistics and transportation costs among factors driving volatility in fuel...
The Federal Government has come under scrutiny for not doing enough to ensure that prices in the oil industry are kept within the reach of ordinary...
As concerns continue to mount over product quality and allegations of blending of imported fuel with products refined locally against major oil marketers, the Dangote Petroleum...
Despite a sharp resurgence in petrol imports, domestic refineries, led by the Dangote Petroleum Refinery, emerged as Nigeria’s largest source of petrol supply in the first...
The management of Dangote Petroleum Refinery and Petrochemicals (DPRP) has expressed concern over the continued issuance of petroleum product import licences despite the refinery’s proven capacity...
The Dangote Petroleum Refinery and Petrochemicals (DPRP) has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel). A...
As crude oil futures fell in response to the US President Donald Trump’s decision to suspend another planned military strike on Iran, he has insisted that...
The world is witnessing a sharp drop in crude oil prices, which raises the issue of how the domestic market would react to the global trend....
The landed cost of imported Premium Motor Spirit (petrol) has climbed above the gantry price offered by the Dangote Petroleum Refinery, reinforcing calls by petroleum marketers...
Consumers seem to be getting their wish as Nigeria’s downstream petroleum market witnessed another round of price reductions on Monday, as the Federal Government’s pressure on...
