The Nigerian National Petroleum Company (NNPC) has mobilized over 100 trucks to Dangote Petroleum Refinery ahead of its petrol supply starting on September 15, 2024. NNPC will act as the sole distributor for petrol while oil marketers can purchase diesel directly from the refinery. Dangote aims...
The Dangote Refinery is set to begin distributing Premium Motor Spirit (PMS) to the NNPC starting September 15. This initiative follows a deal for the NNPC to supply crude oil in Naira. The refinery aims to enhance the availability of petroleum products while easing pressure on the Naira.
The...
Marketers will begin lifting petrol from Dangote Refinery this Sunday, delivering 25 million litres daily through NNPC Trading Limited. This marks a major milestone in improving Nigeria’s fuel supply, with no change in pump prices. Dangote Refinery aims to reduce reliance on imported fuel and...
Devakumar V.G. Edwin, Vice President of Oil & Gas at Dangote Group, announced that the Nigerian National Petroleum Company Limited (NNPCL) seeks a permanent office at the Dangote Refinery. This collaboration aims to streamline crude oil supply and production, potentially alleviating fuel...
Petroleum marketers in Nigeria have urged President Bola Tinubu to address the impact of Dangote Refinery’s reduced diesel price, which has dropped to N900 per liter. Due to low local demand, Dangote Refinery is exporting diesel and aviation fuel, raising concerns about the future of local fuel...
The Nigerian National Petroleum Company (NNPC) has denied claims of being the sole distributor for Dangote Refinery. Refuting allegations from MURIC, NNPC clarified that product pricing is determined by global market forces, and Dangote Refinery remains free to sell to any marketer in a...
Dangote Refinery's new transparent petrol, unlike the traditional yellow, features a high ethanol content. This enhances engine efficiency, extends longevity, and reduces carbon monoxide emissions. Learn about the benefits of this clear fuel, its environmental impact, and how it compares to U.S...
Femi Otedola praises Aliko Dangote for starting petrol production at the Dangote Refinery. Otedola describes this achievement as a landmark moment for Nigeria’s energy sector, ending decades of dependence on foreign fuel. The refinery, set to supply 25 million liters daily, symbolizes a...
Aliko Dangote's refinery has launched its first Premium Motor Spirit (PMS), promising fuel quality on par with global standards. This development aims to stabilize Nigeria's economy by reducing reliance on imports, saving foreign exchange, and alleviating fuel shortages amid ongoing financial...
The Dangote Petroleum Refinery has announced it will export its petrol products if the Nigerian National Petroleum Company Limited (NNPCL) and local marketers fail to patronize it. The refinery, with a capacity of 650,000 barrels per day, has begun producing Premium Motor Spirit (PMS) to meet...
Aliko Dangote officially announces the start of petrol production at his 650,000 bpd refinery. The facility, praised for its global standard quality, is expected to boost Nigeria's economy and reduce fuel imports. Social media reactions are mixed, with optimism tempered by cautious anticipation...
Nigerian petrol prices are projected to reach N1,300 per litre due to a cash crunch at the Nigerian National Petroleum Company (NNPC). The rising landing costs and supply shortages have prompted concerns, while the Dangote Refinery's new production could help stabilize the market.
Petrol prices...
The Nigerian National Petroleum Corporation (NNPC) faces backlash after admitting prolonged fuel scarcity due to unpaid debts to suppliers. Nigerians express frustration over the company’s financial mismanagement, questioning its profitability claims and speculating on potential fuel price...
Dangote Petroleum Refinery plans to start petrol supply by mid-September, undergoing test runs for production. Initial delays pushed back the timeline from June to August, but recent reports suggest the refinery remains on schedule. No petrol price has been fixed yet as operations commence.
The...
The Nigerian government will start naira-based crude oil sales to the Dangote Refinery on October 1, 2024. This initiative aims to strengthen the naira and stimulate domestic economic activities. Key stakeholders, including the Central Bank of Nigeria, will ensure a smooth transition and...
Nigeria’s oil marketers predict a decrease in petrol prices due to President Tinubu's directive for crude oil sales in Naira to local refineries. This move aims to cut logistics and importation costs, potentially saving Nigeria $7.3 billion annually. The policy's impact is expected amid ongoing...
Dangote Petroleum Refinery has refuted claims that it has set petrol prices at N600 per litre. The refinery's spokesperson, Anthony Chiejina, clarified that it has not engaged with IPMAN on pricing and urged the public to rely on official channels for accurate information as it prepares for...
Dangote Refinery disputes NUPRC's claim of allocating 26 million barrels of crude, stating it has only received one cargo. The refinery urges NUPRC to allow direct crude purchases from Nigerian producers as per the Petroleum Industry Act, highlighting ongoing challenges in Nigeria's oil and gas...
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