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PETROAN

PETROAN endorses Petroleumprice.ng to drive efficiency in downstream sector

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PETROAN

BY TEMITOPE ADEBAYO The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has endorsed Petroleumprice.ng as the definitive platform for petroleum pricing, market intelligence, and digital marketplace services in the country’s downstream oil and gas sector. This endorsement follows a detailed evaluation of the platform’s capabilities in enhancing transparency, accuracy, and operational efficiency across […]

NNPCL Shut Down PH Refinery Based On Incompetence, PETROAN Alleges

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PETROAN

BY PATRICK WEMAMBU (With Agency Report) The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has alleged that the real reason the Nigerian National Petroleum Company Limited (NNPCL) shut down Port Harcourt Refinery after spending $1.5 billion on its rehabilitation is incompetence. The National President of PETROAN, Billy Gillis-Harry, disclosed this in a telephone […]

PETROAN hails Naira-for-Crude policy, expects petrol price drop

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Crude oil

BY MOTOLANI OSENI The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the Federal Executive Council for approving the continued implementation of the Naira-for-Crude policy, expressing optimism that the initiative, coupled with the recent global decline in crude oil prices, will lead to a reduction in petrol prices across the country. Speaking […]

PETROAN calls for dialogue over N100bn bridging claims dispute, warns against shutdown

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PETROAN

BY MOTOLANI OSENI The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has intervened in the ongoing dispute over unpaid bridging claims, urging its members to avoid shutting down operations and instead advocate for dialogue with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). PETROAN, in a statement yesterday, signed by its National […]

PETROAN lauds FG over petrol price cut to N123.50

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Appeals to FG, PPPRA, others for intervention fund The leadership of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the Federal Government of Nigeria for the reduction of the pump price of petrol to N123.50 per litre from the previous price of N125. This comes after the Petroleum Products Pricing and […]