The Dangote Petroleum Refinery and Petrochemicals has announced that the supply date for Premium Motor Spirit (PMS) has been moved from June to mid-July. The President and chief executive officer (CEO) of the Refinery, Aliko Dangote, attributed the postponement to a slight delay but assured the public that by the second to third week of July, petrol from the Refinery …

The Federal Government, on Tuesday, announced that it was set to issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery. It announced this at the Stakeholders’ Consultation Forum on Midstream and Petroleum Host Community Development Trust Regulations organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Abuja. The NMDPRA, an agency …

The Nigerian Army, on Monday, said it dismissed two soldiers, Corporal Innocent Joseph and Lance Corporal Jacob Gani, accused of stealing armoured cables at the Dangote Refinery in Lagos. The soldiers were caught on 14 April at the company’s main gate with 897 armoured cables already cut to size. In a statement on Monday, the spokesperson for the Nigerian Army, …

The Dangote refinery says it has reduced the price of automotive gas oil (AGO), also known as diesel, to N1,000 per litre. According to a statement on Tuesday by the refinery, the price of the product was dropped from N1,200 per litre. “In an unprecedented move, Dangote Petroleum Refinery has announced further reduction of the price of diesel to from …

Refined petroleum products from the $20 billion Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register …

President of the Dangote Group, Alhaji Aliko Dangote has expressed appreciation to President Bola Tinubu for his vision and support which he said encouraged him to embark on the Dangote Refinery project some years back. The refinery formally took off on Friday with the production of diesel and aviation fuel. Speaking with stakeholders in the oil and gas industry on …

Dangote, the largest single-train refinery in the world located in Nigeria’s commercial hub, began operations in the early hours of Friday. This followed the delivery of six million barrels of crude supply to the refinery this week. It had earlier also received other batches. Although it was supposed to begin operations in June 2023, the oil refinery built by Aliko …

The Dangote Petroleum Refinery, on Monday, announced its readiness to commence production of refined petroleum products as it received the 6th batch of one million barrels of crude oil required by the plant for its initial operations. In a statement on Monday, the firm said, “Dangote refinery appears set to commence production of refined petroleum products with the receipt of …

The Dangote Petroleum Refinery, on Monday, received the fourth shipment of one million barrels of bonny light crude oil, supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). A statement from the $20 billion firm stated that the oil company was expecting the fifth crude oil shipment soon. The plant had earlier received three shipments of crude oil, as officials …

The coming on stream of Port Harcourt and Dangote refineries may only lead to marginal reduction in the cost of petroleum products and not a significant price crash, some oil and gas experts have said. According to the experts, who spoke to newsmen on Sunday in Abuja, ancillary costs such as freight and port charges, among others would have been …