Refinery

The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene by the Dangote Petroleum Refinery & Petrochemicals will revive Nigeria’s struggling textile industry and save the country $267 million in import costs. In an interview on the Channels Business Incorporated Programme, the Director-General of MAN, Segun Kadir-Ajayi, highlighted the struggles of the textile industry, which was once ...

Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira. This decision is necessary to avoid a mismatch between its sales proceeds and its crude oil purchase obligations, which are currently denominated in U.S. dollars. To date, the company sales of petroleum products in Naira have exceeded the value of Naira-denominated crude we have received. As a ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State. The company clarified that what occurred was a flare incident, which has since been fully contained. There is no danger or health hazard to staff, the surrounding communities, or the environment. NNPC Ltd. urges the media ...

……by Ben Ndubuwa….. Oando, Nigeria’s leading indigenous energy group, has taken a significant step toward solidifying its position as a global oil and gas player by acquiring a refinery in Trinidad and Tobago. This strategic move not only underscores Oando’s commitment to expanding its international footprint but also highlights Africa’s growing influence in the global energy sector. The refinery, a ...

The Nigerian National Petroleum Company Limited (NNPCL) has strongly dismissed reports suggesting that it has unilaterally terminated its Naira-for-Crude agreement with the Dangote Refinery. In a statement issued on Monday, NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, clarified that the agreement, which commenced in October 2024, was structured as a six-month contract and remains in effect until the end of ...

Photo L-R: Vice President, Oil and Gas, Dangote Industries Limite, Devakumar Edwin;  Minister of Energy, Zambia, Makozo Chikote; President/CE, Dangote Industries Limited; Chief of Staff,  Office of President, World Bank, Dr. Samuel Munzele Maimbo, during visit to Dangote Petroleum Refinery and Fertiliser, Ibeju-Lekki, Lagos on Saturday, February 22, 2025 …as Zambia seeks Dangote investment in its energy sector President of ...

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general. Since it began diesel production in January 2024, the refinery has reduced the price of diesel more than three times, from an ...

                                    … we are carrying out routine maintenance….. NNPC Ltd has clarified that there was no explosion at the Warri Refining and Petrochemical Company (WRPC). Any report suggesting otherwise  is completely false. The organization in a statement said that on January 25, 2025, ...

The Dangote Petroleum Refinery has marked another significant achievement by successfully exporting two cargoes of aviation fuel to Saudi Aramco, the national oil company of Saudi Arabia. A statement from the Lekki-based refinery on Wednesday revealed that Aliko Dangote, President of the Dangote Group, made the announcement on Tuesday during a visit by the Nigerian Economic Summit Group (NESG) to ...

… as Dangote refinery exports jet fuel to Saudi Aramco…….. The Federal Government has been urged to support local industries to drive economic growth and meet the $1 trillion economy target. The call was made on Tuesday by the Nigerian Economic Summit Group (NESG) during a visit to Dangote Fertiliser Limited and the Dangote Petroleum Refinery & Petrochemicals in Ibeju ...