NNPCL Denies Paying Marketers Subsidy for Nine Months
The Nigerian National Petroleum Company Limited has denied paying fuel subsidies to marketers in the last nine months, but confirmed that the Federal Government pays subsidies on imported petrol.…
Dangote Refinery: Marketers Demand Direct Access as NNPC Buys Petrol at N766/litre
Marketers have demanded direct access to Premium Motor Spirit (petrol) from the Dangote refinery, criticizing the firm grip of the Nigerian National Petroleum Corporation (NNPC) on the market. The Independent…
Marketers Reject N1,030 per Litre Petrol Price as Port Harcourt Refinery Resumes Operations
The Port Harcourt Refining Company (PHRC) has confirmed that its operations were temporarily scaled down to facilitate necessary upgrades, quelling fears that the refinery had halted production entirely. This clarification…
Yuletide: Dangote, Marketers Patners as, NNPCL Exports to Dubai
The Petroleum Products Retail Outlets Owners Association (PETROAN) has struck a deal with Dangote Petroleum Refinery for direct product off-take. The deal, concluded on December 2, 2024, comes just weeks…
Marketers, Oil Companies Partner To Build New Refinery In Akwa Ibom
Three oil companies and the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) have signed a deal to build a new refinery in Akwa Ibom State. The refinery, which…