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Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote Refinery shifts petrol production to mid July

Dangote Refinery has advanced the production date of premium motor spirit, also known as petrol, from June to the middle of July. The President and CEO of the refinery, Aliko Dangote, the refinery’s President and CEO, announced the new production date to reporters at the $20 billion facility in Lagos on Monday, according to Nairametrics. […]

Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote Refinery starts exportation of jet fuel to Europe – Report

Dangote Refinery has embarked on the export of its first jet fuel cargo to Europe. This is another significant milestone represented by the $20 billion refinery, which has expanded its production since it began operations in April 2023, according to Business Insider. S&P Global Commodities reported that two sources have confirmed that the Doric Breeze […]

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Dangote refinery to get valid operating licence – FG

The Federal Government has announced that it is ready to issue a fully valid operating licence to the Dangote Petroleum Refinery with a capacity of 650,000 barrels per day. This was disclosed during the Stakeholders’ Consultation Forum on Midstream and Petroleum Host Community Development Trust Regulations organised by the Nigerian Midstream and Downstream Petroleum Regulatory […]

Oil and Gas

Dangote refinery to start petrol supply in Q4 – S&P analyst

Analyst at the Standard Poor’s’ Global Commodities Insights, Kelly Norway, has said that contrary to the insinuation, that Dangote refinery will start the supply of petrol next month, it projected that the company will commence the supply of petrol in the fourth quarter of this year. Norways made this disclosure in a podcast titled “Exploring […]

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Price slash: Dangote denies ‘mischievous’ high sulphur diesel narrative

The Management of Dangote Industries Limited has denied the online report on the sulphur content of its diesel supplied to the Nigerian market by S&P Global. The Dangote Group stated that its refinery was built to produce the highest quality petroleum products which comply with very stringent international standards, describing these allegations as unfounded, baseless, […]

Dangote refinery to begin fuel, diesel refining November  - Report
featured

Dangote refinery to begin fuel, diesel refining November  – Report

The Dangote Refinery is scheduled to begin refining diesel and jet fuel in October 2023, and petrol refining in November 2023. According to The Times, the executive director of the Dangote Group, Devakumar Edwin, said so in an interview with S&P Global Commodity Insights on September 18. He claimed that in the following two weeks, the Dangote refinery […]

featured

NNPCL to reduce fuel import from August

  The Nigerian National Petroleum Company has revealed that it would cut down on fuel import once the Dangote Refinery starts pumping out refined petroleum products from late July or early August. According to The PUNCH, the national oil firm’s spokesperson, Garba-Deen Muhammad stated this in an exclusive interview. He said, “NNPC Limited is bringing […]

IPMAN threatens strike over Soludo's taxation
Business featured

How Dangote Refinery will tackle fuel scarcity, import issues – IPMAN

Nigeria’s Independent Petroleum Marketers Association of Nigeria has said that the opening of the Dangote refinery would solve the country’s problems with fuel import and scarcity. Nairametrics reported that the Chairman of IPMAN and Enugu Community Depot in charge of Anambra, Ebonyi, and Enugu State, Mr. Chinedu Anyaso, revealed this in Awka while he gave a speech on Monday. The […]

Dangote refinery to begin fuel, diesel refining November  - Report
Business

Dangote refinery kicks off with 435MW off-grid power plant

The President, Major General Muhammadu Buhari has officially opened the Dangote refinery, which is powered by a 435 MW power plant according to information released by the Dangote Group last week. Nairametrics reported that the integrated refinery project, which has a capacity of 650,000 barrels per day, is entirely off the grid, and has its […]

Dangote refinery to create 135,000 permanent jobs - Emefiele
Economy

Dangote refinery to create 135,000 permanent jobs – Emefiele

The governor of the Central Bank of Nigeria, Godwin Emefiele has stated that Dangote Refinery is set to create at least 135,000 permanent jobs. AmBusiness reported that he said this while speaking at the Dangote Petroleum Inauguration ceremony which held on Monday, in Lagos State. According to Emefiele: “This project is a blessing to Nigeria […]

How Nigeria’s refineries lost 218 workers, N69bn
Investment

PHOTOS: Dagote refinery launches in Lagos

The much talked about Dangote refinery is to be launched today, May 22, 2023 and already invited guest, dignitaries and newsmen have been spotted at the event.   The President, Major General Muhammadu Buhari (retd.), is expected to also be at the event to commission the Dangote Refinery and Petrochemicals. Dangote Refinery complex is established […]

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