The Dangote Mega Refinery, situated near Lagos, Nigeria, is embarking on an ambitious plan to procure millions of barrels of US crude over the next year....
International Oil Companies (IOCs) are standing firm on their stance regarding the currency denomination for crude oil transactions with modular refineries. Despite earlier indications suggesting a...
The Dangote Refinery has surpassed some of Europe’s largest refineries in terms of capacity, according to a recent report by Bloomberg. The $20 billion Dangote refinery,...
The Dangote Petroleum Refinery is capitalizing on the availability of cheaper oil imports from the United States. Recent reports indicate that the refinery with a capacity...
Dangote Petroleum Refinery has reduced the price of diesel from ₦1200 to ₦1,000 per litre. This price adjustment is in response to the demand of oil...
The Federal Government of Nigeria has announced that domestic crude oil refiners and other operators in the sector are now permitted to buy crude oil in...
Amidst the bustling streets and urban sprawl of Lagos, a transformative project is set to reshape the city’s industrial landscape. MIDOil Refining and Petrochemicals Company Limited...
The Nigerian National Petroleum Corporation Limited (NNPC) has announced a significant milestone in the rehabilitation of the Port Harcourt refinery, with over 450,000 barrels of oil...
Nigeria’s modular refineries, a critical component of the country’s petroleum industry, are facing an existential threat due to challenges in accessing foreign exchange (forex) for the...
The Dangote Petroleum Refinery has initiated an export bid by tendering two fuel cargoes destined for the overseas market. This development marks a pivotal step for...