The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on refiners, depot owners, and fuel importers to reduce petrol prices following the recent drop in global crude oil prices. PETROAN said Brent crude has declined to around $77–$78 per barrel after easing tensions between the United States […]
The Nigerian National Petroleum Company Limited (NNPCL) has extended an invitation to former President Olusegun Obasanjo to tour the recently rehabilitated Port Harcourt Refinery in Rivers State. This gesture aims to provide Obasanjo with an opportunity to verify the refinery’s operational capacity and achievements. The invitation follows Obasanjo’s recent comments […]
Abubakar Maigandi, President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), anticipates a potential drop in petrol prices following the revival of operations at the Port Harcourt refinery. Maigandi expressed optimism during a meeting with NNPC’s Group Managing Director, Mele Kyari, highlighting the proximity advantage for South-South region […]
Exciting news for Nigeria’s energy sector! The Port Harcourt Refinery has officially resumed operations after a comprehensive rehabilitation, fulfilling the Federal Government’s promise to bring the refinery back online by December 2023. This marks a significant milestone in Nigeria’s quest for self-sufficiency in refined petroleum products. The refurbished facility, encompassing […]
