The Federal Government, yesterday, said it spends N60 billion yearly to repair vandalised pipelines. It also confirmed rupturing of over 1,161 points nationwide between January 2019 and September 2020.

The Chairman, Courteville Business Solutions Plc, Afam Edozie has said an increase in electricity tariff, inflation rate, fluctuating price of crude oil and increase in the price of Petroleum Motor Spirit.....

Tougher times are here and any pretension to the contrary has been ripped to shreds with Wednesday’s resolution of the governors giving full backing to complete deregulation of the downstream sector of the petroleum industry,...

Tragedy was averted yesterday when a tanker with registration number MKA-663ZF conveying 44,000 litres of PMS crashed on a Toyota Camry at 5-Star Bus Stop, which led to heavy gridlock

Indications have emerged that Nigerians may likely pay more for petrol in April. This was disclosed Thursday by the Group General Manager (GMD) of the National Petroleum Corporation (NNPC), Mele Kyari while reacting to a question about the status of petrol's pump price in the country. Kyari spoke during the weekly presidential ministerial media briefing…

The Department of Petroleum Resources (DPR) has signed an agreement with over 27 operators in the downstream sector to check fluctuations in the pump price of Premium Motor Spirit

Despite not being captured in the 2021 budget, an average of N155 billion is being paid by the Federal Government to subsidise 2.9 billion litres of Premium Motor Spirit...

The Federal Government faces tough choices between control of escalating commodity prices and boosting economic growth as the inflation rate returns to the 2017 level when it almost hit 20 per cent.

The Petroleum Products Pricing Regulatory Agency (PPPRA) has warned marketers of Premium Motor Spirit (PMS) and other petrol products against profiteering during the new year celebration and beyond.

At a time Nigerians are yet to come to terms with the last increase in pump price of Premium Motor Spirit (PMS), stakeholders in the petroleum industry are divided over a new price of N162 agreed between the Federal Government and the Organised Labour yesterday.

With the latest increase in the pump price of Premium Motor Spirit (PMS) otherwise known as petrol, Nigerians have, no doubt, begun to feel the pressure that comes with deregulation.

Industry stakeholders, yesterday, expressed concerns over the state of Nigeria’s petroleum downstream and of other African countries in the face of emerging global issues.