…To begin export of 10ppm diesel in June Nigeria’s 650,000 barrels per day Dangote refinery will start exporting diesel conforming to European specifications along with gasoline (petrol) sales in June. The Vice President for Oil and Gas, Devakumar Edwin, said…
Nigeria’s newly constructed Dangote refinery, Lagos is seeking to purchase millions of barrels of US crude oil over the next year as it ramps up processing rates, Bloomberg reported on Thursday. According to the report, the plant has issued a…
…Pegs N940, N980/ltr respectively …As FG unveils initiatives to attract $10bn investments in 18 months …NNPC Ltd/Newcross resume production at Awoba field In an unprecedented move, the Dangote Refinery has further lowered the price of Diesel and Aviation fuel. This…
Dangote refinery will start supplying petrol in the fourth quarter of 2024, according to Standard and Poor’s Global Commodities, S & P. Kelly Norways, an African energy expert at the S&P, disclosed this in a podcast titled ‘Exploring West Africa’s…
The federal government of Nigeria appears to have bowed to pressure from domestic crude oil refiners like Dangote Refinery and Petrochemical Plant and other modular refinery operators in the sector and has given approval for them to have the option…
In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre…
President of Dangote Group, Alhaji Aliko Dangote has revealed how diesel obtained from the Dangote Refinery can reduce Nigeria’s inflation rate. Nigeria’s inflation rate reached 31.70 percent in February 2024, according to the National Bureau of Statistics (NBS), with food…
Petroleum Marketers in Nigeria are anticipating a crash in the prices of Diesel and aviation fuel (Jet A1) following the commencement of sale by the Dangote Refinery. As at January 14, 2024, the refinery was awaiting regulatory approval for commercial…
Dangote refinery is preparing to import crude from the US in the forthcoming months, signalling the increasing competitiveness of American barrels in the global market. This is according to reports from Bloomberg. Traders’ familiar with the matter disclosed that Trafigura…
The Nigerian Government says the commencement of production at Dangote Refinery will reduce the country’s freight revenue collection by three per cent. Director General of Nigerian Maritime Administration and Safety Agency, NIMASA, Bashir Jamoh, disclosed this when Dangote Port Operations,…
