Energy expert Dan Kunle has warned that the continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite the Dangote Petroleum Refinery’s capacity to meet domestic demand, is a disservice to the country. Recent reports indicate that NNPC, Oil Marketers Spent N5.5tn …
Read More »Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia
… NESG says FG Must Support Domestic Industries to Achieve a $1 Trillion Economy Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil and gas company globally. Saudi Aramco is the official Saudi Arabian …
Read More »Dangote Refinery Reduces Price Of Petro To N890
Dangote Refinery Reduces Price Of Petro To N890Dangote Petroleum Refinery has reduced the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday, 1st February 2025. This strategic adjustment is a direct response to the positive outlook within the global energy …
Read More »Dangote sets to buy 12m barrels of crude oil from United States for refinery operations
The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the new $20bn refinery’s push to reach full refining capacity. Recall that the refinery plans to reach its 650,000 barrels …
Read More »Dangote Petroleum Refinery Awards Scholarships to 473 Students
… Donates Furniture, Educational Materials to Host Communities Joy and elation enveloped the Idotun Community Junior High School, a suburb of Lekki, on Thursday when Dangote Petroleum Refinery & Petrochemicals, in partnership with Dangote Fertilisers Limited, awarded scholarships to 473 students from 10 secondary schools and 7 tertiary institutions. In …
Read More »INCREASE IN PUMP PRICE NOT FROM US- DANGOTE
We wish to clarify that the recent adjustment in our ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global crude oil prices. As crude remains the primary input in the production of PMS, any fluctuation in its international price inevitably impacts the cost …
Read More »Dangote Cement Doubles Students’ Bursary Payment In Benue
By; Imrana Abdullahi Dangote Cement Plc, Gboko Plant, in Benue State, has more than doubled its bursary payments to the host communities. This was disclosed by the acting Plant Director Engr Murusamy Murugan during the presentation of the 2024 Dangote scholarship to the host community through the leadership of the …
Read More »Petrol: MRS Slashes Petrol Price to N935/Litre Nationwide, Enforces compliance
… Nigerians praise Dangote-MRS partnership MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of N935 per litre across all its retail service stations nationwide. This follows an announcement by the President of Dangote Industries Limited, Aliko Dangote, that …
Read More »Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal
…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap …
Read More »ADDRESSING NNPCL’S MISINFORMATION
We have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL) that their decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote refinery during …
Read More »
THESHIELD Garkuwa