Entries by AllAfrica News: Petroleum

Nigeria: FG Engages Marketers As Global Oil Prices Decline /in /by

[Premium Times] The Federal Government says it is engaging petroleum marketers and regulators to ensure reductions in global crude oil prices are reflected in pump prices while maintaining a fair and competitive downstream market.

Nigeria: Govt Orders Marketers to Reduce Fuel Price /in /by

[Vanguard] LAGOS -- The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to ensure petroleum marketers do not exploit Nigerians through excessive pricing under the deregulated downstream petr...

Nigeria: Petrol Price – Govt Directs NMDPRA to End Profiteering By Oil Marketers /in /by

[Vanguard] The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to ensure that petroleum marketers do not exploit Nigerians through excessive pricing under the deregulated downstream market.

Rwanda: Rwanda, Kenya Sign Deal for Petroleum Importation Through Northern Corridor /in /by

[New Times] Rwanda and Kenya have signed a memorandum of understanding (MoU) to facilitate the importation of refined petroleum products into Rwanda through the Northern Corridor transit route.

Nigeria: Fuel Inflation Persists As Diesel Soars 86 Percent, Petrol Climbs 55 Percent, Kerosene Up 37 Percent in One Year /in /by

[This Day] Abuja -- Nigerians continued to contend with elevated energy costs in May as the prices of the country's three major fuels remained substantially higher than they were a year earlier, with diesel recording the sharpest annual increase of 86....

Nigeria: Oil Price Drop – FCCPC Warns Fuel Importers, Refiners, Others Against Exploiting Consumers /in /by

[Leadership] The Federal Competition and Consumer Protection Commission (FCCPC) has warned refiners, importers, depot operators, marketers and retail outlet owners against exploiting consumers after finding only marginal reductions in the prices of pet...

Nigeria: Fast-Track Deals With Chinese Firms for Port Harcourt, Warri Refineries, IPMAN Urges NNPC /in /by

[Leadership] The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPC), to expedite the conclusion of the proposed Technical Equity Partnership with the two Chinese companies...

Nigeria: Exclusive – Refinery Maintenance Fraud: EFCC Recovers ₦38.66 Billion, Other Properties /in /by

[Premium Times] The anti-graft agency is preparing to prosecute some former and serving officials of the NNPC and contractors over alleged abuse of office, money laundering and contract fraud.

Nigeria: Govt Lauds Lee Engineering, NNPC, Others for Keeping to Timelines On ELPS Project /in /by

[This Day] Ekpo says compressor to raise gas pressure for power generation, industries

Nigeria: Amid Drop in Global Crude Oil Price, FCCPC Warns Marketers Against Exploiting Consumers /in /by

[This Day] Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello, yesterday warned operators in the downstream petroleum sector against exploiting consumers by refusing to reflect the s...