Category: Petroleum

Independent Oil Marketers Propose N550/Litre Petrol Price To Dangote

April 8, 2024April 8, 2024 Rextun boss No Comments

The independent petrol marketers have proposed a PMS price of N550/liter to the Dangote Refinery in intensified efforts at taking final decisions on pricing and delivery of petrol to filling stations nationwide. According to Vanguard reports, the parties have been meeting and exchanging notes on the pricing, distribution and margins to stakeholders in the value…

Petroleum

NANS Warn Against Hiking Fuel Price To N1200 Per Litre

January 3, 2024 Rextun boss No Comments

The National Association of Nigerian Students, NANS, Southwest Zone, has urged the Nigerian National Petroleum Corporation Limited, NNPCL, not to think of increasing the pump price of petrol to N1,200 per litre as being canvassed by some people and groups. The student body, in a statement by the Zonal Coordinator, Comrade Alao John, the Secretary,…

Petroleum

NNPCL, Marketers Clash As Operators Peg Petrol At N1,200/litre

January 3, 2024January 3, 2024 Rextun boss No Comments

The Nigerian National Petroleum Company Limited and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, clashed again over the removal of subsidy on petrol. This came against the backdrop of the depreciation of the naira against the United States dollar at both the official Investors & Exporters Window…

Petroleum

Dangote Refinery Expects 5th Shipment of Crude As 4th Arrives

January 1, 2024 Rextun boss No Comments

Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited,NNPCL. According to a statement from Dangote Refinery on Monday, “The fresh one million barrels of crude…