Dangote
13 Nov
The Nigerian National Petroleum Company (NNPC) Limited through its subsidiary, NNPC Gas Marketing Limited (NGML) has signed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. The company, in a statement on Wednesday said the deal would see NGML supplying 100 million standard cubic feet of natural gas per day…
11 Nov
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery for the direct supply of petroleum products. IPMAN National President, Abubakar Maigandi, announced the partnership at a press briefing in Abuja on Monday, following a meeting of the Association's National Working Committee. Garima stated that this collaboration aims to ensure…
7 Nov
Dangote Refinery has commenced fuel shipments, with Vitol Group, Trafigura Group, and BP leading as primary buyers as brokering a deal with Nigerian marketers drags on. Since ramping up operations in mid-2024, the refinery has processed around 650,000 barrels per day, with October showing an average daily shipment rate of 35,000 tons. Data by Precise…
5 Nov
An indigenous oil and gas company Pinnacle Oil & Gas has said it will never sell substandard petroleum products to Nigerians. Pinnacle Oil said this in a release on Monday, November 4, 2024 in response to an apparent statement issued on Sunday by the management of Dangote Refinery that a blending plant was setting up…
4 Nov
Last week, the President of Dangote Group and owner of Dangote Refinery Limited (DRL), Aliko Dangote, again begged petrol marketers
3 Nov
The Dangote Refinery has warned Nigerians that any imported cheaper petrol than theirs is substandard. Dangote issued this warning on Sunday night in a statement signed by Group Chief Branding and Communications Officer, Anthony Chiejina, saying that the company had lately refrained from engaging in media fights but was constrained to respond to the recent…
29 Oct
President Bola Tinubu is currently in a high-level meeting with key industry players at the Aso Rock Presidential Villa, Abuja. The discussions, led by Finance Minister Wale Edun, focus on the sale of crude oil and refined products in naira rather than U.S. dollars. The meeting includes Aliko Dangote, Chairman of Dangote Group, and Mele…
29 Oct
National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost its energy security and sustain business cooperation with neighbours. Dr Mustapha Abdul-Hamid, Chief Executive Officer, NPAG, said this at the 2024 OTL Africa Downstream Energy Week on Tuesday in Lagos. Speaking as one of the panelists,…
27 Oct
The Publicity Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Ukadike Chinedu, says that the scarcity of fuel being presently experienced will soon be over. Chinedu told the News Agency of Nigeria (NAN) that the shifting of the supply chain was the cause of the scarcity in the country, adding that in a few…
20 Oct
President of the Dangote Group, Alhaji Aliko Dangote, Governor Babagana Zulum of Borno State and National Chairman of the All Progressives Congress (APC), Dr. Umar Ganduje have expressed their condolences to the people of Jigawa and the state government as the death toll in a tanker explosion in the state exceeded 174. Already, various leaders…
17 Oct
Nigerian billionaire business mogul, Aliko Dangote, has stormed back to the top as Africa's richest person after recently losing the top spot to South African billionaire, Johan Rupert. This comes after his long-awaited Nigerian oil refinery is up and running. Many believed his initial drop as the richest man was due to the construction of…
8 Oct
President of the Dangote Group, Aliko Dangote, has revealed that the Dangote Refinery was built without any incentives or support from the government. He stressed that to achieve the vision of turning Nigeria into a vital hub for the region, investors need to be incentivized. Dangote, who was represented by the Group's Executive Director, Engr.…
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