By Seun Ibiyemi The Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre. The new price is a reduction of N15 from N880 per litre sold by the…
The Dangote Petroleum Refinery & Petrochemicals has exported over two million barrels of jet fuel to the United States of America (USA) in March. Experts assert that this development should bring immense joy to Nigerians, as it attests to the…
Dangote Petroleum Refinery has announced a temporary suspension of petroleum product sales in Naira, citing the need to align its sales currency with its crude oil procurement obligations, which are currently denominated in U.S. dollars. In a statement issued on…
The Federal Government has increased crude oil supply to the Dangote Petroleum Refinery to boost local refining. This comes as the refinery reduces its loading gantry price from N825 to N815 per litre. Experts highlight that crude oil supply to…
By Mathew Dennis The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied reports alleging that it has unilaterally stopped supplying crude oil to Dangote Refinery under the Naira crude contract. In a statement issued on Monday, NNPC Ltd’s Chief…
The recent move by Dangote Refinery to reduce the fuel pump price is commendable and highlights the potential for locally refined petroleum products to ease the economic burden on Nigerians. However, this development also serves as a wake-up call to…
Dangote Refinery has refuted claims that fuel allegedly purchased from a filling station owned by the Nigerian National Petroleum Corporation Limited (NNPCL) originated from its refinery. Speaking to journalists on the condition of anonymity, Dangote Refinery officials stated that Nigerians…
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general. Since it…
…FG must support domestic industries to achieve a $1trn economy — NESG Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil…
Dangote Refinery has reduced the loading price of Premium Motor Spirit (PMS) otherwise known as petrol to N890 per litre. The refinery increased the petrol loading price to N950 per litre three weeks ago. The Spokesman for the Dangote Group,…
