All posts tagged "Dangote refinery"
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NEWS December 1, 2024Marketers Divided Over Advance Payments at Dangote Refinery
Oil marketers have expressed mixed reactions to Dangote Petroleum Refinery’s recent directive requiring advance payments before dealers can begin off-taking products from the Lekki-based refinery. This...
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NEWS November 27, 2024Port Harcourt Refinery Sells Petrol at N1,045 Per Litre, Surpassing Dangote’s Price
Port Harcourt Refinery, recently rehabilitated and reopened after years of inactivity, has set its petrol price at N1,045 per litre, N75 higher than the N970 per...
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NEWS November 21, 2024Dangote Refinery Resumes Crude Oil Imports from the US
Dangote Refinery has resumed importing crude oil from the United States to enhance its refining capacity and production output. According to a Bloomberg report, the refinery...
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NEWS November 21, 2024Fuel Subsidy Removal Sparks Nationwide Protests Amid Economic Hardship
Nigerians took to the streets once again, rallying against the escalating fuel prices and the deepening economic hardship brought about by the removal of the fuel...
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NEWS November 12, 2024Direct Petrol Sales Agreement Could Slash Prices Across Nigeria
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that its members will soon be able to purchase Premium Motor Spirit (PMS) directly from Dangote...
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NEWS November 12, 2024NNPC Shifts to Domestic Refineries, Ends N24 Trillion Fuel Imports
The Nigerian National Petroleum Corporation (NNPC) has officially halted its N24 trillion fuel imports, now sourcing all its fuel needs directly from domestic refineries, including the...
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NEWS November 8, 2024Protesters Demand Kyari’s Removal and End to PMS Imports
A coalition of civil society organizations staged a protest at the National Assembly Complex in Abuja on Friday, demanding the immediate removal of Mele Kyari, the...
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NEWS November 7, 2024Marketers Challenge Dangote’s Monopoly Bid, Stress Need for Competition in Nigeria’s Fuel Sector
Three major oil marketers—AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited—are pushing back against Dangote Petroleum Refinery and Petrochemicals’ legal pursuit of...
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NEWS November 6, 2024Deregulation Isn’t a License for Substandard Fuel: Dangote Refinery Warns Against Imported Low-Quality Petrol
Deregulation isn’t a license to import or blend substandard fuel products, Dangote Petroleum Refinery and Petrochemicals has warned, cautioning importers against using deregulation as an excuse...
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NEWS October 12, 2024Dangote Set to Launch Crude Oil Production Soon
The Dangote Group, known for its ambitious Dangote Refinery, is poised to begin crude oil production shortly. Reports from S&P Global Commodity Insights indicate that the...
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NEWS October 11, 2024Direct Fuel Access: FG Grants Marketers Permission to Source Petrol from Dangote Refinery
The Federal Government has approved a significant change allowing petroleum marketers to lift petrol directly from the Dangote refinery, eliminating the need to go through the...
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NEWS October 10, 2024NNPC’s Debt to Marketers Nears N15 Billion, IPMAN Claims
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that the Nigerian National Petroleum Company Limited (NNPCL) owes its members nearly N15 billion. This statement...
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NEWS October 9, 2024NNPC Fuel Price Soars to N1,030 as Exclusive Deal with Dangote Refinery Ends
Fuel prices at Nigerian National Petroleum Company (NNPC) outlets have jumped to N1,030 per liter, following the end of an exclusive supply agreement between NNPC Limited...
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NEWS October 9, 2024Dangote Refinery Becomes Nigeria’s Sole Supplier of Jet Fuel
The Federal Government has announced Dangote Refinery as the exclusive supplier of Jet A1 fuel for Nigeria’s airline operators. This pivotal decision was revealed by Minister...
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NEWS September 30, 2024Dangote Group Set to Revolutionize Petroleum Transport by Sea
The Dangote Group has unveiled an ambitious plan to transport refined petroleum products via sea, significantly reducing road traffic and enhancing exports to African nations. Fatima...
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NEWS September 26, 2024Lawmakers Push for Independent Marketers to Source Petrol Directly from Dangote Refinery
In a significant move aimed at fostering competition in Nigeria’s petroleum sector, the House of Representatives has called on the federal government to allow independent marketers...
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NEWS September 23, 2024Dangote Refinery and IPMAN to Discuss Direct Petrol Lifting and Price Reduction Strategy
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to engage in critical discussions with Dangote Refinery this week, focusing on the direct lifting of...
