Petroleum Equalisation News Today

Considering the circumstances, wouldn't it be prudent to abandon the PIA and revert to the status quo ante before it becomes a QUICK SAND?

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has shown interest in the products from Dangote Petroleum Refinery through a letter to the plant.

Unpaid N250b claims: Petrol marketers raise alarm over imminent fuel scarcity. The Northern Independent Petroleum Marketers Forum has raised

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on the Federal Government to immediately release the debt owed to its members

Views: Visits 8 By Sodiq Alabi THE Petroleum Industry Bill, PIB, has wandered its way through the National Assembly for two decades, like an ancient Sufi mystic in search of the Truth. It has faced several disappointments and metamorphoses on its way to becoming a law. Initially a single Bill, it was broken down into different bills with one of it – The Petroleum Industry Governance Bill, PIGB, passed by lawmakers in 2017 only to fail to get the much-needed presidential...

Vanguard News Pitfalls in the PIB [opinion] On By Sodiq Alabi THE Petroleum Industry Bill, PIB, has wandered its way through the National Assembly for two decades, like an ancient Sufi mystic in search of the Truth. It has faced several disappointments and metamorphoses on its way to becoming a law. Initially a single Bill, it was broken down into different bills with one of it – The Petroleum Industry Governance Bill, PIGB, passed by lawmakers in 2017 only to fail to get the much-needed pre...

Vanguard News Pitfalls in the PIB [opinion] On By Sodiq Alabi THE Petroleum Industry Bill, PIB, has wandered its way through the National Assembly for two decades, like an ancient Sufi mystic in search of the Truth. It has faced several disappointments and metamorphoses on its way to becoming a law. Initially a single Bill, it was broken down into different bills with one of it – The Petroleum Industry Governance Bill, PIGB, passed by lawmakers in 2017 only to fail to get the much-needed pre...

However, the Minister of State, Petroleum Resources, Chief Timipre Sylva, at the launch of the Nigerian Upstream Cost Optimisation Programme (NUCOP) in Abuja on Tuesday said Nigerians should brace up for higher fuel price. The NUCOP launch was to find ways of reducing the cost of crude oil production and processing, officials said. Sylva also said with no provision of subsidy in the 2021 budget, the Nigerian National Petroleum Corporation (NNPC) couldn’t continue to bear the cost of under-rec...

Registered in 1988, the Nigerian Association of Road Transport Owners (NARTO), is an amalgam of three hitherto region-based transport associations, whose business is to fight for a conducive environment for its members’ operations to thrive. Emmanuel Addeh writes that at its Annual General Meeting which held last week, the body, an umbrella of all commercial vehicles owners in Nigeria, renewed its vow to continue serving the country through its services, especially the haulage of petroleum pr...

The federal government indicated yesterday that it was considering an increase in petrol freight, that is, the rate of transporting commodities, goods and cargo by land, sea or air, from N7.51 per litre of the product.