Dangote Refinery
1 day ago
Although Nigeria produces one of the lightest and environmentally-friendly crude oil in the world, local refineries, especially Dangote refinery will import West Texas Intermediate (WTI) of about seven million barrels this month and next month.
1 day ago
Dangote Refinery, from next week, may begin sale of petroleum products, especially diesel, to local marketers, even as the Nigerian National Petroleum Company Limited (NNPCL) resumed direct sales of Premium Motor Spirit (PMS) to the Independent
14 Mar
Stopping naira depreciation by fiat will shock the advocates of market-determined naira value, and send the right signal that Nigeria’s new government will not run with policies that do not work for Nigeria.
19 Feb
Phrank Shaibu, spokesperson for former Vice President Atiku Abubakar, has ignited a firestorm by accusing the Nigerian government of secretly reinstating petrol subsidies. This accusation, coupled with the government's deafening silence on the matter, has raised concerns about financial mismanagement and potential corruption. Shaibu's alarm bells, according to various reports, began ringing after reports emerged…
16 Feb
Dangote Refinery is exporting its first refined petroleum products, consisting of 125 million litres of fuel oil and naphtha. Two cargoes of 65,000 fuel oil and 60,000 naphtha are expected to leave the facility in the Lekki area
7 Feb
The management of Dangote Refinery Freezone Eleko Beach Lekki, Lagos, has called on the feuding National Union of Petroleum and Natural Gas (NUPENG) and its arm, Petroleum Tanker Drivers (PTD), to put their house ...
28 Jan
The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, has pledged the agency’s commitment to ensure smooth operation for Dangote port and refinery by implementing the regulatory instrument under the provisions of the Cabotage law.
25 Jan
A coalition of Youth groups in the 19 northern states, Arewa Youth Ambassadors (AYA), called on President Bola Tinubu's administration not to sell crude oil to Dangote Petroleum Refinery (DPR), in dollars but naira. They also ask President Tinubu to continue working with the private refinery owners, particularly DPR and provide them with crude oil…
24 Jan
The global Extractive Industry Transparency Initiative (EITI) in Abuja, yesterday, raised concerns over the Nigerian National Petroleum Company (NNPC) Limited's 20 per cent share in Dangote Petroleum Refinery, adding that many questions are left unanswered in other crude-backed loans.
23 Jan
Dangote Oil Refinery said it has registered three prominent associations of petroleum products marketers for the distribution of its products. Dangote confirmed this development on Tuesday in a press statement on its X handle. According to the organisation, the three prominent associations which were recently registered constitute 75 percent of the total market in Nigeria.…
19 Jan
As Nigerians wait eagerly for the impact Dangote Petroleum Refinery will have on the energy sector, the prices of automotive gas oil also known as diesel and that of premium motor spirit (PMS) have continued to be on the rise.
19 Jan
Delays and setbacks in mega-construction projects are nothing new. It doesn’t matter which country you are in, the level of investment you may have, or even the skill and determination of your government and workforce, these projects are hardly ever completed on time.