dangote refinery

Nigerians are applauding Dangote Petroleum Refinery in Lekki for its diesel rollout, a significant milestone achieved through land transport. This development marks a crucial step forward in the refinery's operations, promising increased efficiency and accessibility of diesel fuel to meet the...

Nigeria's Dangote oil refinery commenced supplying petroleum products to the local market, marking a significant stride in the nation's pursuit of energy independence. The refinery, erected for $20 billion by billionaire Aliko Dangote, Africa's richest man, stands as the continent's largest...

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, predicts a significant drop in diesel prices below N1,000 per litre with the commencement of diesel production at the Dangote Refinery. During an interview on Channels Television’s News At 10, Rewane highlighted the...

Nigeria has emerged as Africa's leading importer of refined petrol, with shipments from Europe on the rise due to increased crude oil deliveries from the Middle East to Europe following the E.U.'s ban on Russian oil. Analysts at S&P Global Commodity Insights highlighted this trend, noting that...

Dangote Refinery has increased its stock of imported crude oil from the United States, with a second shipment of US light sweet crude oil en route to Nigeria. According to ship tracking data and traders, the vessel named Otis loaded approximately 850,000 barrels of WTI Midland in Houston...

Nigeria's Dangote Petroleum Refinery is set to export two fuel cargoes, signaling a significant step for the $20 billion facility commissioned last year. After facing regulatory delays, the refinery is now moving forward with the sale of diesel and aviation fuel, marking a turning point for the...

Ongoing regulatory approval challenges have hindered the Dangote Petrochemical Refinery's plan to introduce aviation fuel (Jet A1) and diesel to the Nigerian market by the end of January, according to recent findings by The PUNCH. Despite commencing petroleum product production in early...

Dangote Refinery is set to import crude oil from the United States, a groundbreaking departure from its traditional reliance on Nigerian feedstock. According to reports from Bloomberg, traders familiar with the matter revealed that Trafigura Group has secured a deal to supply 2 million barrels...

Dangote Petroleum Refinery has registered key associations, MOMAN, IPMAN, and DAPPMAN, constituting 75% of Nigeria's total market share. This move is a strategic step, aligning with the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Independent Petroleum Marketers...

Seven prominent oil marketers in Nigeria have officially registered with the Dangote Petroleum Refinery for the distribution of refined petroleum products from the $20 billion facility. Operating under the Major Oil Marketers Association of Nigeria, these dealers are set to commence...

The Dangote Refinery, nestled in the heart of Ibeju-Lekki, Lagos, has officially commenced production. The largest single-train refinery in the world, this state-of-the-art facility has set the stage for a new era of energy self-sufficiency in Africa's most populous nation. As the sun rose over...

The Dangote Oil Refining Company proudly announced the arrival of its inaugural one million barrels of Agbami crude grade, courtesy of the Shell International Trading and Shipping Company Limited (STASCO). Aliko Dangote, Chairman of Dangote Group, shared that the plant is poised to commence...

Dangote Refinery, led by founder Aliko Dangote, has successfully secured its inaugural cargo deal, totaling 6 million barrels, set for delivery as the much-anticipated project gears up for operations at 350,000 barrels per day starting next month. A significant development in Nigeria's energy...