KEY POINTS Nigeria has taken a historic step into the global energy market, with the Dangote Petroleum Refinery shipping petrol to the United States for the very first time. The …
Dangote refinery
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KEY POINTS Dangote Industries Limited has pushed back against allegations by petroleum marketers that its refinery is giving preferential petrol prices to foreign traders, insisting that Nigeria remains the cheapest …
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Dangote refinery delivers its first gasoline cargo to the U.S., marking a milestone in Nigerian gasoline exports and global fuel trade
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KEY POINTS Aliko Dangote isn’t known for understatement. But when the billionaire industrialist declared that his 650,000-barrels-a-day refinery had ended Nigeria’s half-century struggle with fuel queues, it was a statement …
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In the NewsMarketsOil & Gas
Dangote Petroleum Cuts Petrol Prices, Launches Direct Distribution Nationwide
KEY POINTS Dangote Petroleum Refinery announced a landmark reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, and unveiled plans to begin direct distribution to filling …
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KEY POINTS Since the country’s powerful oil workers’ union, threatened a nationwide strike over the refinery’s proposal to use 4,000 trucks powered by compressed natural gas for fuel distribution, Nigerians …
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KEY POINTS Following reports that suggested repairs could take months, Dangote Petroleum Refinery has denied claims that its gasoline unit was forced into a protracted shutdown, calling the rumors “fake …
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In the NewsMarkets
NUPENG Defies Government, Launches Nationwide Strike Over Dangote Refinery Dispute
KEY POINTS Despite government efforts to prevent a confrontation over alleged anti-labor practices at the massive Dangote Petroleum Refinery, Nigeria’s powerful oil workers’ union, NUPENG, pushed forward with a nationwide …
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KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …
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KEY POINTS Nigeria’s $20 billion Dangote refinery, the largest in Africa, has temporarily shut down one of its key petrol-producing units following a catalyst leak, in a setback for a …