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LUBRICANTS

11 ships arrive Lagos ports with petrol

Eleven ships laden with petrol have arrived at Lagos ports waiting to discharge, the Nigerian Ports Authority (NPA) said on Tuesday. The NPA said one other ship waiting to berth would discharge aviation fuel. It noted that 29 other ships containing petroleum products, food items and other goods were being ...

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Crude Oil Price Decline: A Challenge or Opportunity?

(By Oyeleke Banmeke) For almost half of the last century, oil prices have oscillated between multiple boom and bust eras. Energy-hungry countries have cheered at low oil prices, while commodity-dependent economies have cringed at the mere thought of dwindling oil prices and its consequent dire socio-economic consequences. In Nigeria, we ...

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Yamalube: Lubcon Won’t Disappoint Yamaha – Williams

Lubcon Nigeria Limited, the official blender of Yamalube for Yamaha motorcycles and outboard engines in Nigeria, has assured that the company will continue to meet the quality standard that Yamaha requires. Lubcon’s Managing Director, Mr. Taiye Williams, gave the assurance while speaking at the grand opening of the showroom and assembly ...

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NNPC Allocates 1,118 Trucks of PMS Nationwide

 As the fuel scarcity currently being experienced in Nigeria shows no sign of abating, the state oil corporation, Nigeria National Petroleum Corporation (NNPC) said a total of 1,118 trucks of Premium Motor Spirit (PMS) were loaded across the country on Thursday. “A total of 1,118 trucks (39,958,000ltrs) were loaded from ...

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Kia Motors Renews Lubricants Partnership With Total

Kia Motors Corporation and Total Lubrifiants recently renewed their strategic partnership agreement. For another five years, Total will remain Kia Motors Corporation’s preferred aftermarket lubricants supplier for Kia vehicles. Total branded automotive lubricants will be exclusively recommended and available to customers across Kia’s service network of more than 5,500 dealers ...

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MOMAN KEYS INTO SPEED REGULATION POLICY

 The Major Oil Marketers Association of Nigeria (MOMAN) has thrown its weight behind the policy of speed regulation in Nigeria, saying it also supports all other safety policies aimed at creating safer road environment in the country. Speaking at the end of the interactive session held between the Corps Marshal ...

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SUMMIT TACKLES TECHNICAL, COMMERCIAL CHALLENGES IN NIGERIAN LUBRICANTS MARKET

(Olaolu Olusina, Lagos) For three days last November, stakeholders in the Nigerian lubricants sector converged on Lagos, the commercial capital of the country, to brainstorm on the way forward for the lube market in Africa’s largest economy and the most populous black nation in the world. The occasion was the ...

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NIGERIA LOSES OVER $3 BILLION ANNUALY TO COUNTERFEITING/FAKING OF LUBRICANTS – LUPAN

Emeka Obidike is the Secretary General/Chief Executive Officer, Lubricants Producers Association of Nigeria (LUPAN). At a lubricants conference organised by Argus in South Africa last July, Obidike highlighted the efforts being made by the Nigerian Government, in association with LUPAN, to tackle sub-standard products, counterfeiting and other industry malpractices. In ...

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Nigerians Tasked On Knowledge Of Quality Lubricants

   Nigerians have been charged to develop keen interest in the quality of lubricants they use. Making this call in Lagos was the Principal partner, Lubeservices Associates, Engr. Kayode Sote, while speaking at the pre-event media briefing to flag off the 2nd Nigerian Lubricants Summit 2015 scheduled to hold in Lagos from ...

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SON TAKES WAR TO FAKE LUBRICANT MANUFACTURERS

The Standards Organisation of Nigeria (SON) said it was now ready to apprehend and prosecute producers and sellers of fake vehicle lubricants in the country, this is also as the agency that it would work hand in hand with the Department of Petroleum Resources(DPR) to ensure proper surveillance of the ...

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