The Dangote Refinery has announced plans to acquire an additional 11 million barrels of crude oil from the United States. In a tender viewed by Bloomberg,...
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited (DIL), has accused International Oil Companies (IOCs) in Nigeria of undermining the operations of...
In a historic move, Dangote Refinery is set to ship low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore this week, its entry into the Asian...
Investors in Nigeria’s modular refineries are actively engaging with the African Export-Import Bank (Afreximbank) to secure a portion of the $18 billion fund earmarked by the...
Aliko Dangote, Africa’s richest person and founder of the Dangote Group, announced that he has repaid $2.4 billion of the $5.5 billion borrowed to construct his...
Africa’s largest oil refinery, the Dangote Refinery, has postponed the start of its premium motor spirit (PMS) production, commonly known as petrol, from June to mid-July....
The ambitious plans for constructing modular refineries across Nigeria, aimed at bolstering domestic refining capabilities, are encountering significant roadblocks due to apprehensions surrounding crude oil supply...
Alhaji Aliko Dangote, the founder of the Dangote Group and Africa’s richest individual, has revealed ambitious plans for his conglomerate to reach over $30 billion in...
The $20 billion Dangote Oil Refinery is poised to be listed on the Nigerian Stock Exchange (NSE) by December 2024, according to statements made by Aliko...
The Port-Harcourt refinery with a capacity of 210,000 barrels per day, is poised to begin operations by the end of July. This announcement comes after several...