Rising fuel costs pose another profitability problem for container carriers

By Mike Wackett (The Loadstar)  Escalating fuel prices are posing a renewed risk to carrier profitability,…

Singapore charges 11 with stealing $1.8m in fuel from Shell refinery

By Jite Eriabie  Singapore has charged 11 with stealing SGD2.4m ($1.79m) in gas oil from Shell’s…

PHOTOS: VP Osinbajo dispensing fuel to motorists in Lagos

Vice President Yemi Osinbajo spent part of his Christmas holiday visiting fuel depots and petrol stations…

Marketers say despite NNPC’s claims, fuel depots are empty 

The Depot and Petroleum Products Marketers Association (DAPPMA) on Tuesday expressed concern over the inability of…

PHOTOS: Fuel queues return to major cities

Barely three weeks to Christmas, Nigerians are back on fuel queues. This is despite assurances by the…

IMO to look into ban on heavy fuel oil in Arctic shipping

The International Maritime Organiation (IMO) has agreed to take steps toward a ban on the use…

Nigeria must produce fuel locally-Kachikwu

The Minister of State, Petroleum Resources, Dr. Ibe Kachukwu, yesterday lamented that Nigeria is the only…

Nigerians to pay N5 per litre of fuel as road tax 

The Senate will next week consider a bill to make Nigerians pay more for fuel. The…

Nigeria seen missing July target to buy cleaner fuel

The Nigerian National Petroleum Corporation (NNPC) will keep buying cheaper, lower-quality gasoline for now because the…

Traffic congestion: Lagosians lose N2billion monthly on fuel consumption

Motorists in Lagos spend an average of N2billion monthly on fuel consumption due to traffic congestion…

Sulphur content in fuel: DPR, don highlight implementation, challenges

As the Standards Organisation of Nigeria (SON) releases new approved Nigerian Industrial Standards for petroleum products…

NNPC to restart fuel supply to Northern states through pipeline

The Federal Government, Monday, allayed fears over an impending hike in the price of Premium Motor…