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Home Tag Archives: diesel

Tag Archives: diesel

Oil & Gas

Warri refinery sells diesel, marketers await petrol

By Breezynews
5 January 2025
in :  Oil & Gas
0
18

Oil marketers have started loading Automotive Gas Oil (diesel), and kerosene from the Warri Refining and Petrochemical Company, according to Sunday PUNCH. The newspaper also reported that the dealers are demanding Premium Motor Spirit (PMS, also known as petrol) from the recently rehabilitated plant. Under the management of NNPC Limited (NNPCL), the refinery came on stream last Monday after the …

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Business

FG stops VAT on diesel, cooking gas

By Breezynews
3 October 2024
in :  Business
0
51

The Federal Government has announced the provision of new tax reliefs for deep offshore oil and gas production to boost investments in the sector. It also announced that the importation of key energy products and infrastructure, including diesel, feed gas, Liquefied Petroleum Gas, Compressed Natural Gas, electric vehicles, Liquefied Natural Gas infrastructure, and clean cooking equipment would no longer require …

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Oil & Gas

Dangote dismisses substandard diesel allegations

By Breezynews
21 July 2024
in :  Oil & Gas
0
69

The President of the Dangote Industries Limited (DIL), Aliko Dangote, has called on the House of Representatives to investigate the quality of diesel and petrol at filling stations. Dangote made the call yesterday when he received the leadership of the House of Representatives led by Speaker Tajudeen Abbas and his deputy Benjamin Kalu in his refinery located at Ibeju-Lekki, Lagos. …

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Oil & Gas

Marketers lift, distribute over 25m litres of diesel from Dangote refinery

By Breezynews
16 June 2024
in :  Oil & Gas
0
130

Independent marketers have lifted and distributed over 25 million litres of Automotive Gas Oil (AGO), popularly called diesel, produced by the Dangote Petroleum Refinery in less than three months after the plant started releasing AGO to the market. It was also gathered on Saturday that the registration of oil marketers with the $20 billion firm was still ongoing, as more …

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Aviation

Dangote slashes diesel, aviation fuel prices to N940, N980 

By Breezynews
23 April 2024
in :  Aviation, Oil & Gas
0
173

Dangote Petroleum Refinery has once more announced a further crash in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively. This comes in the wake of its widely celebrated price crash to N1,000 barely two weeks ago. The new price of N940 is applicable to customers buying five million litres and above from the refinery, …

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Oil & Gas

Dangote Refinery slashes diesel price to N1,000/litre

By Breezynews
17 April 2024
in :  Oil & Gas
0
76

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 …

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Business

Diesel consumes 80% of manufacturers’ profits — MAN

By Breezynews
15 April 2024
in :  Business
0
129

Manufacturers have lamented the high cost of automotive gas oil (AGO), also known as diesel, which is used in generating power for their operations, noting that the product gulps about 80 per cent of their profits. Speaking on the plight of manufacturers against the backdrop of rising prices of their products, the Director General of MAN, Segun Ajayi-Kadir, said manufacturers …

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Oil & Gas

Diesel price cut reducing inflation – Dangote

By Breezynews
11 April 2024
in :  Oil & Gas
0
76

The cut in diesel price by the Dangote Refinery will reduce inflation, President of Dangote Group, Alhaji Aliko Dangote, said yesterday. He believes with the cost of diesel dropping to N1,200 from N1,650, the inflation rate will further drop. In February, the headline inflation rate increased to 31.70 per cent relative to the January 2024 rate, which was 29.90 per …

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Foreign

Russia ends temporary ban on diesel exports

By Breezynews
23 November 2023
in :  Foreign
0
70

Russia lifted a temporary ban on diesel exports on Wednesday, saying the two-month restrictions had been successful in bringing down rising fuel prices on the domestic market. Moscow suspended the export of diesel and gasoline products in September in a move that roiled global markets. The energy ministry said it had taken measures to boost supplies inside Russia and bring …

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Energy

NMDPRA tells energy operators to change from diesel to gas usage

By Breezynews
16 May 2023
in :  Energy, Oil & Gas
0
60

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called on industry operators, particularly large consumers of petroleum products, to consider moving from the use of diesel to gas in line with the Federal Government’s designation of gas as Nigeria’s transition fuel after the Petroleum Motor Spirit. NMDPRA’s Chief Executive, Farouk Ahmed made the call at a one-day Stakeholders …

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