While stakeholders in Nigeria’s oil industry have openly supported the total deregulation of the downstream sector, citing the move as a catalyst for growth and optimization of the entire downstream value chain, some of their counterparts, especia
In what can be considered a reaction to the Executive Order banishing government agencies from the port premises, the Standards Organisation of Nigeria (SON), has set the ball rolling on the implementation of aspects of the Executive Order on ease
The Nigeria’s downstream petroleum industry lost about N884.8 million in seven days to the high cost of importing Premium Motor Spirit (PMS), also known as petrol, resulting from a differential of N3.16 per litre.
Incessant oil pipeline vandalism is daily taking a frightening proportion, as vandals are becoming more daring in their criminal activities whilst meting untold hardship on the nation’s economy.
The ten OPEC members’ crude output stayed unchanged in April at 31.85 million barrels per day compared to March, according to an S&P Global Platts survey released on Friday.