Blackout, fuel price fears as PENGASSAN strike shuts down oil, gas sector

PENGASSAN strike

…Court stops PENGASSAN Nigeria’s energy sector was thrown into turmoil yesterday, as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) shut-down key oil and gas institutions in protest against the mass sacking of 800 workers at the Ɗangote Petroleum Refinery. The strike forced the Nigerian National Petroleum Company Limited (NNPCL), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) under lock and key in Abuja, with workers chanting solidarity songs and barricading entrances. PENGASSAN ordered members in international oil…

Read More

Conoil, Eterna, others join Ɗangote’s free fuel delivery scheme

Dangote’s fuel delivery

Major Nigerian petroleum marketers, including Conoil PLC and Eterna Plc, have partnered with Ɗangote Petroleum Refinery for the logistics-free fuel distribution scheme. The Ɗangote Group announced this in a post on its social media handles on Monday. The collaboration, which also involved players like Golden Super, Nepal Energies, Kifayat Global Energy, and Riquest and Gas, aims to slash logistics costs for fuel stations and drive down pump prices for consumers nationwide. The initiative promises seamless, no-cost transport of refined petrol from Ɗangote’s 650,000-barrel-per-day facility in Lekki to participating stations and…

Read More