Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering a holiday discount to ease transport costs. The refinery also introduces a special offer allowing consumers to purchase additional fuel on credit. It aims to provide high-quality and...
Dangote Group has refuted NNPCL's claim of facilitating a $1 billion loan to address liquidity issues at the Dangote Refinery. The company clarified that the $1 billion represents only 5% of the total investment, and the partnership was credit-driven, not cash-based, with NNPCL failing to meet...
The Dangote Petroleum Refinery has successfully exported petrol to Cameroon, Ghana, Angola, and South Africa. The refinery, the largest single-train refinery globally, aims to boost industrial development, job creation, and economic growth in Nigeria. It also serves as a key technological...
Dangote Refinery reduced its petrol price to ₦970 per litre for bulk purchases of at least two million litres. The move, announced via an official flyer, aims to support marketers amid fluctuating fuel costs. Industry experts view this price cut as potentially easing inflation and influencing...
PETROAN has raised concerns about the ₦75 per litre price difference between petrol from the Port Harcourt Refinery and Dangote Refinery. While Dangote sells at ₦970, NNPCL's price is ₦1,045. This pricing disparity has sparked discussions, with NNPCL promising to address it to benefit consumers...
Dangote Petroleum Refinery has reduced its petrol price to ₦970 per litre for oil marketers, down from ₦990. This move is a token of appreciation for Nigerian support and government backing. Dangote reassures that the quality of products will remain high, aiming to meet domestic fuel...
Dangote Petroleum Refinery is struggling to secure enough crude oil supplies under Nigeria’s naira-based sale scheme. Despite agreements with NNPC to supply 385,000 barrels per day, deliveries have been inadequate. Other Nigerian refineries also face challenges accessing naira-priced crude...
Dangote Petroleum Refinery has resumed U.S. crude oil imports with a two-million-barrel shipment from Chevron, signaling challenges in its naira-for-crude agreement with the Nigerian government. As production ramps up, the $20 billion facility is poised to impact regional fuel markets and...
Dangote Refinery has begun exporting refined gasoline to West African nations like Togo, Ghana, and South Africa, marking the start of significant regional fuel exports. This shift aims to reduce reliance on costly European imports, potentially disrupting regional fuel markets and reducing fuel...
Dangote Refinery seeks billions of dollars to import crude oil, aiming to reach full capacity of 650,000 barrels per day by 2025. The refinery’s success could lower local fuel costs, boost competition in Europe, and help de-risk European oil supply chains. Failure to address refinery issues may...
Dangote Refinery and IPMAN have signed a deal to supply 60 million litres of petrol weekly, leading to price reductions at filling stations. The agreement, which aims to stabilize fuel prices in Nigeria, is expected to bring down prices by N10 to N50 per litre.
Dangote Refinery and the...
NNPC Ltd. and Dangote Refinery have signed a landmark 10-year gas supply agreement, marking a major step for Nigeria's energy sector. The deal will supply 100 MMSCF/D of natural gas for the Dangote Refinery in Ibeju-Lekki, aligning with President Tinubu's industrial growth vision and enhancing...
Pastor Enoch Adeboye calls for prayers as oil marketers attempt to sabotage the Dangote Petroleum Refinery, the only working refinery in Nigeria. He highlights how previous sabotage of state-owned refineries and fuel subsidies have harmed the country, urging for divine intervention and support...
NNPCL confirms its ownership stake in Dangote Refinery, refuting sabotage claims by owner Aliko Dangote. Mele Kyari, CEO of NNPCL, explains that the partnership was a strategic decision to secure a market for Nigeria’s growing oil production and support the country's energy self-sufficiency...
IPMAN has instructed members to exclusively source Premium Motor Spirit (PMS), AGO, and DPK from Dangote Refinery, ending plans to import fuel. This new agreement aims to reduce fuel prices and ensure stable supply across Nigeria, promoting local refining and job creation.
The Independent...
IPMAN has secured an agreement with Dangote Refinery to directly supply Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), and Dual Purpose Kerosene (DPK). This move aims to eliminate middlemen, reduce costs, and ensure a steady supply of petroleum products to over 30,000 members and 150,000...
Dangote Refinery has set petrol prices at N960 per litre for ships and N990 per litre for trucks, emphasizing the quality of its products. The company warns that cheaper alternatives may be substandard, urging support for Nigeria's local refining sector.
Dangote Refinery has announced its...
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