22 May 2020
Operators in the downstream sector of the oil and gas sector have asked the Federal Government to unveil a pricing formula that will guide the monthly adjustments in the pump price of premium motor spirit (PMS) other wise known as petrol in order to avoid dislocations at the retail end of the value-chain.
22 Jul 2019
The National Oil Spill Detection and Response Agency, NOSDRA, has would begin the enforcement of laws on oil marketers in the downstream petroleum sector next month.
18 Nov 2018
Oil marketers on Sunday appealed to Federal Government to effect quick payment of its outstanding N800 billion subsidy debts...
26 May 2018
Oil marketers, under the aegis of Licensed Petroleum Products Station Owners Association of Nigeria, Rivers State chapter, has expressed worry over rising armed robbery attacks in filling stations almost on a daily basis in various filling station across the state.
30 Aug 2017
Except the Federal Government pays all petroleum subsidy arrears of over $2 billion (N720 billion) owed oil marketers, many employees in the downstream sector may soon...
21 Jun 2017
The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to pay the outstanding fuel subsidy claims to its members to pay back their bank loans.
17 May 2016
The Minister of Finance, Mrs Kemi Adeosun, on Tuesday said the Federal Government had fully paid the N48.2 billion outstanding subsidy arrears owed oil marketers in 2015.