Ekiti youths in violent protest against petroleum marketers
Angry youths from Ekiti State yesterday engaged in a violent protest against petroleum marketers.The youths, who attacked some filling stations in Ado Ekiti also destroyed property worth several millions of naira.
Police hunt for motor-boy’s killer
The Ogun State police command has launched a manhunt for a suspected soldier who allegedly shot a man dead simply because a truck was not well-packed.
Stock Exchange woos downstream operators to capital market
The Chief Executive Officer, Nigerian Stock Exchange (NSE), Oscar Onyema, has called on oil companies in the downstream subsector to explore opportunities in the capital market.
NIPCO constructs new 5,000 MT LPG storage facility
The Nigerian Independent Petroleum Company (NIPCO) has embarked on the construction of a 5,000-metric tonne (MT) Liquefied Petroleum Gas (LPG) storage facility to ameliorate the challenges of domestic.....
Unlocking potential of compressed natural gas
Adepoju Olarewaju was looking happy and fulfilled the moment the gas attendant at Green Gas Limited (GGL), a joint venture company of the Nigerian Gas Company (NGC) and NIPCO Plc.
Petrol pump price drops to N140 per litre despite forex increase
The pump price of Premium Motor Spirit (PMS), also known as petrol, has dropped to about N140 per litre in some retail outlets in Lagos against the official price of N145, according to The Guardian enquiry.
NNPC, NIPCO fuel distribution deal hits 1.8 billion litres mark
The storage arrangement otherwise known as thru put operated by the Nigerian Independent Petroleum Company (NIPCO) for the Nigeria National Petroleum Corporation (NNPC) has reached a record mark of 1.8 billion litres in the last nine years.
A litre of petrol now sells below N145 in some stations -- survey
A litre of petrol now sells below the official benchmark of N145 in some stations in the Lagos, a survey has shown.