Tuesday, December 7, 2021
MARKET UPDATE

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Tag "Petroleum products"

NNPC records product sale of N234bn in March — 24.7% increase from February

    NNPC records product sale of N234bn in March —  24.7% increase from February

The Nigerian National Petroleum Corporation (NNPC) says it recorded N234.63 billion revenue from the sale of white products in the month of March 2021 — 24.7 percent increase from the

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Products from local refineries will be based on int’l pricing, says Mele Kyari

    Products from local refineries will be based on int’l pricing, says Mele Kyari

Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says local refineries will sell petrol based on international pricing. He said this during an interview with

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DPR warns depot owners against hoarding of petroleum products

    DPR warns depot owners against hoarding of petroleum products

The Department of Petroleum Resources (DPR) has warned depot owners across the country to desist from hoarding petroleum products in their facilities. This follows indications that the pump price of

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Products from Dangote Refinery to hit the market by early 2022, says director

    Products from Dangote Refinery to hit the market by early 2022, says director

Dangote Group says petroleum products from its 650,000 per day refinery will hit the market by early 2022 against the previous 2021 fourth-quarter target. Devakumar Edwin, executive director of capital

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NNPC: Sales of petroleum products increased by 92% in October

  NNPC: Sales of petroleum products increased by 92% in October

The Nigerian National Petroleum Corporation (NNPC) says it recorded a 92 percent increase from the sales of white products in

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Total Nigeria records worst performance in years

  Total Nigeria records worst performance in years

Total Nigeria managed to overwrite a half year loss in the third quarter but the company is still headed for

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Buhari: Modular refineries to end fuel importation, increase availability

  Buhari: Modular refineries to end fuel importation, increase availability

President Muhammadu Buhari says the construction of modular refineries in Nigeria will make petroleum products available in the country and

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Oil suppliers to marketers: Do not patronise pipeline vandals

  Oil suppliers to marketers: Do not patronise pipeline vandals
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NNPC threatens to penalise petrol marketers who hoard products

  NNPC threatens to penalise petrol marketers who hoard products

The Nigerian National Petroleum Corporation (NNPC) has threatened to penalise petrol marketers who hoard products. The corporation also advised motorists

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EFCC to auction seized petroleum products, vessels

  EFCC to auction seized petroleum products, vessels

The Economic and Financial Crimes Commission (EFCC) is about to auction petroleum products and vessels seized from suspected oil bunkers. On

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