The Department of Petroleum Resources (DPR) said it had sealed 16 filling stations for selling petrol above N145 per litre pump price.
Continue reading »Tag: Petroleum Products
RAILWAY TO DISTRIBUTE 1.8 MILLION LITRES OF PETROL PRODUCTS NATIONWIDE
The Nigerian Railway Corporation (NRC) has indicated readiness to deploy its 40 tank wagons for distribution of 1.8 million litres of petrol nationwide if contacted by marketers.
Continue reading »OIL MARKETERS THREATEN MASS SACKING OVER $2BN DEBT
Oil marketers have said they will embark on mass retrenchment following the failure of the Federal Government to pay the debt owed them for importation of petroleum products as well as the accrued interest on loans from banks and exchange rate differential.
Continue reading »BRITAIN TO BAN NEW PETROL, DIESEL CARS FROM 2040
Britain will ban the sale of new petrol and diesel-powered cars from 2040 as part of a plan to get them off the roads altogether 10 years later, Environment Minister Michael Gove said on Wednesday.
Continue reading »REFINERIES REALISE N62 BILLION FROM REFINED PRODUCTS
Nigeria’s refineries – the Port Harcourt Refining Company Limited Port Harcourt Refineries Corporation (PHRC); Kaduna Refining and Petrochemicals Company Ltd. (KRPC); and Warri Refining and Petrochemicals Company Ltd. (WRPC) realised N62 billion from refined products in May 2017.
Continue reading »AGIP TO BUILD 150,000 BARRELS CAPACITY REFINERY WITH $15 BILLION IN PORT HARCOURT
A multi-national oil company, Agip has concluded plan to build a brand new refinery of 150,000 barrels capacity in Port Harcourt.
Continue reading »WE WILL STOP IMPORTATION OF PETROL BY 2019 – NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Kacalla Baru has said plans are ongoing to stop importation of Premium Motor Spirit (PMS) to the country.
Continue reading »NNPC’S MOSIMI DEPOT RESUMES LOADING OF PRODUCTS, SAYS NO PLAN TO INCREASE PUMP PRICE
The Nigerian National Petroleum Corporation (NNPC), on Tuesday disclosed that its Mosimi Depot in Ogun State, has come back into operation a year after pipeline vandals forced it to go offline, and is now loading petroleum products for onward distribution to other parts of the country. The corporation stated that the development would boost supply and distribution of petroleum products […]
Continue reading »BASIC SAFETY PRINCIPLES FOR MANAGING LPG TRANSPORTATION, INSTALLATIONS AND CONSUMPTION
While flammability is the major safety concern with LP (Liquefied Petroleum) Gas it is not the only one. Good safety practice addresses the various hazards from production to consumption. The term LP Gas embraces several products which while related have important physical differences which affect safety. If more than one type or grade of LP Gas is being handled, each […]
Continue reading »GHANA STARTS FUEL EXPORTS TO NIGERIA, OTHERS
In a development bound to bring shame to Africa biggest oil producer, Ghana has started exporting fuel and gas oil to Nigeria, Benin Republic, Burkina Faso, Niger and Mali from the Bolgatanga Petroleum Depot run by the state-owned Bulk Oil Storage and Transport (BOST) Company Limited. Ghana’s Minister of Petroleum, Mr Emmanuel Armah-Kofi Buah, made this known yesterday at press […]
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