NNPC Secures $1bn Loan to Boost Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has secured a $1 billion loan backed by crude oil to assist in overcoming liquidity challenges faced by the Dangote Refinery. Speaking…
NNPCL Refutes Ending Naira-for-Crude Deal with Dangote Refinery
NNPCL has denied reports that it terminated its naira-for-crude sale deal with Dangote Refinery. The deal, which commenced in October, was a six-month agreement subject to availability and is set…
NNPC to Supply Dangote Refinery Crude Oil For 20 Years
The Nigerian National Petroleum Company Limited has bargained with Dangote Refinery to supply crude oil for 20 years. It was learnt that the bargain would allow NNPC the first right-of-first…
Dangote Refinery Procures First Crude Oil From Shell
The Dangote Petroleum Refinery and Petrochemicals plant has procured one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO). The procurement was disclosed in…
Fuel Price Hike: NNPC to Sell Petrol at N1,019 per Litre in Borno, N950 in Lagos
The Nigerian National Petroleum Company Limited (NNPC) has announced that it will sell petrol lifted from the Dangote Refinery at a price above N1,000 per litre in the far north.…
Petrol Price to Sell at ₦935/Litre Today – IPMAN
The Independent Petroleum Marketers Association of Nigeria has announced that petrol will sell for ₦935 per litre beginning from Monday. This development follows a price war between the Dangote Petroleum…
US Imports Over 2 Million Barrels of Jet Fuel from Dangote Refinery
The United States has imported over two million barrels of aviation fuel from the Dangote refinery in March. The refinery confirmed the importation, stating that it attests to the "unparalleled…
Dangote to Borrow N112b From Nigerians to Complete Refinery Project
Dangote Industries Limited is finalising plans to borrow N112 billion from investors to complete its refinery project. An additional $1.1 billion is required, which will be partly funded by the…
Dangote Refinery Commences Production of Diesel, Aviation Fuel
The Dangote Petroleum Refinery has commenced production of diesel and aviation fuel, Daily Report Nigeria can confirm. This was disclosed by the Chief Branding and Communications Officer of Dangote Group,…
Dangote, Marketers Clash Over Fuel Prices
The conflict between Dangote Refinery and Nigerian petroleum marketers has escalated, following Alhaji Aliko Dangote's claims that marketers have not sought purchases from his facility. This dispute began in September…