Petroleum Products

The Peoples Democratic Party (PDP) on Sunday described Delta government’s decision to legislate on location of gas plants in the state as a step in the right direction.

The Nigerian Ports Authority (NPA), on Saturday, said that 16 ships had berthed at the Lagos ports and were discharging petroleum products and food stuff, according to Shipping Position, an NPA publication.

The Nigerian Ports Authority (NPA) says it is expecting 19 ships laden with petroleum products, food items and other goods from Jan. 15 to Jan. 25.

The Police Public Relations Officer in the state, Sunday Abutu, who confirmed the incident, said, “The command has deployed a special team of policemen to be assisted by the Amotekun Corps, the local hunters and the vigilantes to comb the bush for possible tracking of the suspects and the release of the victim.

Bayelsa State government has alerted the residents of the presence of some filling stations indulged in the sale of adulterated petroleum products in the state.

The Federal Controller of Works in Lagos State, Mr Olukayode Popoola, on Friday advised the public to stay off Airport Road Flyover in Lagos dangerously burnt by fire, pending the determination of its structural safety.

The Nigerian Ports Authority (NPA) says it is expecting 23 ships laden with petroleum products, food items and other goods from Dec. 25 to Jan. 5.

The minister of state for petroleum resources, Timipre Sylva, says the refinery rehabilitation exercise across the country is in its final stages.The minister of state for petroleum resources, Timipre Sylva, says the refinery rehabilitation exercise across the country is in its final stages.

Many business players expressed relief and excitement yesterday as the federal government announced the immediate reopening of four of the land borders, shut about 15 months ago, with a promise to reopen others before December 31.

The Defence Headquarters says troops of Operation Delta Safe have dismantled several illegal refineries and impounded large quantities of stolen products in Rivers and Delta within two weeks.

The Federal Government says it will leverage the opportunities provided by the African Continental Free Trade Area Agreement (AfCFTA) to reposition the oil and gas sector.

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano State branch, has directed its members to sell petrol at N162.44 per litre as directed by the Federal government

Bello, a former Chief Operating Officer/Group Executive Director, Upstream Business Unit at the Nigeria National Petroleum Corporation (NNPC) disclosed this at the weekend during a roundtable on ‘Deregulation of Nigeria’s Downstream Oil Sector’ in Abuja.

The Department of Petroleum Resources (DPR) says it has closed seven Liquefied Petroleum Gas (LPG) retail outlets in Rivers for operating without valid licences.

The directive was issued in Port Harcourt on Wednesday by the Rivers State Chairman, Petroleum Products Retail Outlets Owners Association of Nigeria, Francis Dimkpa.

The Department of Petroleum Resources (DPR), has cautioned Nigerians against panic buying and hoarding of petroleum products during the Yuletide.

Fuel marketers have kicked against the N5 reduction in petrol pump price announced by the Federal Government of Nigeria on Tuesday.

The Federal Government has reduced the pump price of premium motor spirit (petrol) from N168 per litre to N162.44 per litre effective from December 14, 2020.