DANGOTE Refinery has announced another reduction in the price of Premium Motor Spirit, PMS, or petrol. The company disclosed this in a statement by its spokesperson, Anthony Chiejina, released on its official X account on Thursday. The oil firm reduced its petrol ex-depot price to N899.50 per litre, down from …
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IN a landmark development for regional energy integration, Nigeria’s Dangote Refinery has completed its first petrol export to Cameroon. The move signals a step toward stabilising fuel prices across West Africa and strengthening trade ties within the region. The 650,000-barrel-per-day refinery, located in Lagos and owned by billionaire Aliko Dangote, …
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THE Dangote Refinery on Sunday announced reductions in the price of petrol. The petrol, which was sold at N990 per litre, has now been reduced to N970 per litre for marketers lifting the products from its refinery. Anthony Chiejina, Dangote Group Chief Branding and Communications Officer, announced the price reduction …
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A tanker has transported petrol from Nigeria’s new Dangote plant to waters off Togo, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets. The CL Jane Austen recently loaded more than 300,000 barrels from Dangote and sailed west, according to data from Vortexa, …
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THE Nigeria National Petroleum Corporation Limited (NNPCL) has asked a Federal High Court in Abuja to strike out a suit filed by Dangote Petroleum Refinery and Petrochemicals FZE, describing it as “incompetent.” The NNPCL, in a notice of preliminary objection filed by its team of lawyers led by Kehinde Ogunwumiju, …
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Ordinarily, I would not join issues with a certain Kelvin Emmanuel on his so-called analysis of the oil and gas sector of the Nigerian economy. Someone who has not seen the inside of a refinery before Dangote built one, let alone understood the mechanism of the energy industry is assuming …
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THE Dangote Refinery and Petrochemical is set to begin fuel exports to South Africa, Angola, and Namibia. A highly credible source, who confirmed this exclusively to one of our correspondents on Friday, said the management of the 650,000-barrel per-day capacity refinery was at advanced stages of talks with the countries …
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A former National Vice Chairman, North-West of the All Progressives Congress, APC, Dr Salihu Lukman has described petroleum pricing since the commencement of production of Dangote Refinery and the Nigeria National Petroleum Company Limited, NNPCL, as manipulative. Lukman, in a statement issued Tuesday titled, “Nigerian Democracy in ICU”, said the …
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PETROLEUM marketers in Nigeria say they are standing in limbo over the controversy surrounding Dangote Refinery Premium Motor Spirit (petrol) pricing as released by the Nigerian National Petroleum Company Limited on Monday. This comes as the petroleum marketers demanded that Dangote Refinery should disclose the price it sold petrol to …
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AHEAD of today, (Sunday), commencement of the first Premium Motor Spirit (Petrol) distribution by Dangote Refinery, oil marketers have expressed worries that they are yet to know the price of the product. The President of the Petroleum Products Retail Outlets Owners Association, PETROAN, Billy Gillis-Harry and the President of the …
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