NEWS

Obasanjo Urges FG to Promote Use of Gas as Vehicular Fuel

FROM LEFT: FORMER PRESIDENT OLUSEGUN OBASANJO; MANAGING DIRECTOR, NIPCO PLC, VENKATARAMAN VENKATAPATHY, AND PROJECT MANAGER, NIPCO PLC, RAJESH PRABHU, DURING THE INSPECTION OF VEHICLES USING COMPRESSED NATURAL GAS/LIQUEFIED PETROLEUM GAS AN INITIATIVE OF GREEN GAS LTD IN OGUN ON SUNDAY(12/6/16). 4201/12/6/2016/WAS/HB/NAN/ A former President, Olusegun Obasanjo, on Sunday urged the Federal Government to promote the use of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) in the country. Obasanjo made the plea during a courtesy visit by the management o

by kenneth 0
NEWS

Picture Of The Day: The Love Of Fuel

I can't imagine the laughter some non oil producing countries will have for Nigeria right now.  This picture also indirectly shows the high rate of unemployment and note this is just one filling station, while there are thousands around the country and if this continues like these, even the rich will not be safe.... BBC reporter Ishaq Khalid took these photos in Bauchi state.

by kenneth 0
NEWS

Refineries ‘to produce 10m litres of PETROL daily’

Nigerian refineries have been “repositioned” to produce 10 million litres of premium motor spirit (PMS), also known as petrol, daily, Ibe Kachikwu, minister of state for petroleum resources, has said. It is estimated that Nigeria consumes 35 million litres daily, which means the country will now be importing only 25 million litres to meet local needs. Although he did not give the total figure of what the refineries are currently producing, Kachikwu said a lot of work has been done to put them back in shape. He was speaking on Sunday during his visit to Kaduna Refining a

by kenneth 0
NEWS

Senate gives Buhari 2 weeks to end fuel scarcity

The Senate yesterday ordered President Muhammadu Buhari who is also the Minister of Petroleum Resources, to end the fuel crisis within two weeks. Chairman, Senate Committee on Petroleum (Downstream), Senator Uche Lilian Ekwunife (PDP, Anambra Central), gave the ultimatum during a meeting with the Ministry of Petroleum Resources at the National Assembly Complex, Abuja. Ekwunife said the minister must not only end the scarcity within the ultimatum, but ensure that consumers do not pay more than N87 per litre for petrol. Ekwunife said: (more…)

by kenneth 0
NEWS

The Return Of Fuel Scarcity Part 2

#Fuel Scarcity Fuel Scarcity is back once in a country that other countries depend for fuel! Despite assurances by the Nigerian National Petroleum Corporation (NNPC) that all will be well soon, operators are skeptical that the fuel scarcity may hit harder, Premium Times reports. Report has it that the stock of petroleum products at NNPC facilities across the country was grossly insufficient, with supply from local refineries incapable of supporting imports. (more…)

by kenneth 0