Wednesday, April 21, 2021
MARKET UPDATE

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Petrobarometer

Mele Kyari: No increase in price of petrol until talks with stakeholders concluded

    Mele Kyari: No increase in price of petrol until talks with stakeholders concluded

Mele Kyari, general managing director of the Nigerian National Petroleum Corporation (NNPC), says the market price of premium motor spirit (PMS), better known as petrol, will not increase in May

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Accountant-general to assist NEITI in tracking oil revenue

    Accountant-general to assist NEITI in tracking oil revenue

The Office of the Accountant-General of the Federation (OAGF) says it will assist the Nigeria Extractive Industries Transparency Initiative (NEITI) in tracking oil and gas revenue due to the federal

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No petrol price increase in May, says NNPC

    No petrol price increase in May, says NNPC

The Nigerian National Petroleum Corporation (NNPC) says there will be no increase in the ex-depot price of premium motor spirit, better known as petrol, in May. The ex-depot price is

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Export revenue declined by 45.87% to $2.62bn in 2020, says NNPC

    Export revenue declined by 45.87% to $2.62bn in 2020, says NNPC

The total revenue generated by the Nigerian National Petroleum Corporation (NNPC) from crude oil and gas exports fell from $4.84 billion in 2019 to $2.62 billion in 2020. This is

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We have accurate record of crude production, DPR replies NEITI

    We have accurate record of crude production, DPR replies NEITI

The Department of Petroleum Resources (DPR) says it has a record of the exact quantity of crude oil produced in

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We don’t know exact quantity of crude oil Nigeria produces, says NEITI boss

    We don’t know exact quantity of crude oil Nigeria produces, says NEITI boss

Ogbonnaya Orji, executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), says the exact quantity of crude oil produced

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NBS: Lagos, Ebonyi, Niger paid highest for petrol in March 2021

    NBS: Lagos, Ebonyi, Niger paid highest for petrol in March 2021

The National Bureau of Statistics (NBS) says the average price paid for premium motor spirit (PMS), better known as petrol,

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Macron lauds Abdul Samad Rabiu over BUA refinery in Akwa Ibom

    Macron lauds Abdul Samad Rabiu over BUA refinery in Akwa Ibom

President Emmanuel Macron of France has commended Abdul Samad Rabiu, chairman of BUA group, over the progress of the group’s

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FG to distribute 5m cooking gas cylinders in one year

    FG to distribute 5m cooking gas cylinders in one year

The federal government says it will make available five to 10 million liquefied petroleum gas (LPG) cylinders into the market

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ICYMI: Pipeline vandalism decreased by 37% in January, says NNPC

    ICYMI: Pipeline vandalism decreased by 37% in January, says NNPC

The Nigerian National Petroleum Corporation (NNPC) says vandalism of pipelines across the country reduced by 37.21 percent in January. In

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