LAGOS MARCH 5TH (NEWSRANGERS)-The Petroleum Retailers Outlets Owners Association has commended the Nigerian National Petroleum Company Limited, NNPCL, for its petrol price reduction. This was disclosed in a statement by its spokesperson, Joseph Obele, on Monday. DAILY POST reports that on Monday, NNPCL reduced its retail price from N965 per litre to N880 in the…
LAGOS MARCH 3RD (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC) has announced a reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to N860 per litre. This decision comes amid an intensifying price war among major marketers and independent petroleum dealers, as well as fluctuations in global crude oil prices….
LAGOS FEBRUARY 28TH (NEWSRANGERS)-The Congress of Nigerian Maritime Media Practitioners (CONMMEP) has elected a new executive team to steer the affairs of the organization for another three years. The election which was held at Preston Hotel Ijesha, Lagos on Thursday February 27th, 2025, saw Comrade Udo Onyeka, Publisher of News Business, emerged as the new…
LAGOS FEBRUARY 28TH (NEWSRANGERS)-A significant number of Nigerian passengers faced unexpected delays and frustration after an Air France flight, en route from Paris to Abuja, was diverted to Lomé, Togo, due to severe weather conditions in the Nigerian capital. The incident prompted swift action from the Minister of Aviation and Aerospace Development, Festus Keyamo, who…
LAGOS FEBRUARY 28TH (NEWSRANGERS)-Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability. “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) which have already improved crude oil production to about 1.75…
LAGOS FEBRUARY 28TH (NEWSRANGERS)-Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025. Under the new arrangement, buyers in Lagos would purchase fuel at N860 per litre at MRS outlets….
LAGOS FEBRUARY 26TH (NEWSRANGERS)-Shell Nigeria on Tuesday won the Best Upstream Company 2024 award at the Nigerian International Energy Summit (NIES) currently underway in Abuja. The award, received by Senior Vice President, Nigeria Marno de Jong celebrates the contributions of Shell companies in Nigeria, especially The Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-The Nigerian Content Development and Monitoring Board (NCDMB) has commended The Shell Petroleum Development Company of Nigeria Limited (SPDC) for the in-country fabrication of two Single Point Mooring (SPM) buoys by Prime Sources Limited (PSL,) an indigenous company based in Warri, Delta State. SPMs are floating facilities used for loading liquids and gas offshore and were first fabricated locally for…
