The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Tuesday expressed concern over the incessant increases in the price of diesel in the market.

Benneth Korie, NOGASA president in a statement on Tuesday said the rapid increase in diesel prices has made it difficult for suppliers to access products and loans from commercial banks for doing their business.… Read the rest

The Dangote Petroleum Refinery is currently importing crude oil and expects its first crude cargo in two weeks’ time, the Executive Director, Dangote Group, Devakumar Edwin, has revealed.

Although the Nigerian National Petroleum Company Limited trades crude oil on behalf of Nigeria, Edwin in an interview with S&P Global Commodity Insights on Monday, said the NNPCL had committed its crude to other entities.… Read the rest