Nigeria's Dangote oil refinery has partnered with Honeywell to utilize its technology, aiming to increase the production of petrochemicals used in plastics and detergents.
Nigeria, a major oil producer, has imported 61.7 million barrels of US crude oil since 2024 to supply its Dangote refinery, highlighting a paradox in its energy sector.
Nigerian soldiers have arrested 15 suspected oil thieves near the Dangote Refinery's discharge point. The arrests are part of ongoing efforts to combat illegal oil bunkering in the region.
Nigeria, Africa's largest oil producer, has become a net exporter of refined petroleum products, a historic shift driven by the operations of the Dangote Refinery.
Nigeria's Dangote refinery, Africa's largest, has increased exports of gasoline and urea to African countries hit by supply disruptions caused by the Iran war, its owner Aliko Dangote said on Monday.
The African Export-Import Bank has underwritten $2.5 billion of a $4 billion senior syndicated term loan for the Dangote Petroleum Refinery and Petrochemicals, reinforcing the project's financial position and demonstrating strong investor confidence.
The Chief Executive Officer of Dangote Petroleum Refinery, David Bird, disclosed that the 650,000 barrels-per-day refinery currently receives only about five crude oil cargoes per month, significantly below its designed supply capacity.
Nigerian households are facing increased cooking gas prices, reaching N1,000/kg, after the Dangote refinery adjusted its prices amidst rising logistics costs.
Nigeria's Dangote refinery could increase jet fuel exports to Europe, as disruptions in the Middle East, including the effective closure of the Strait of Hormuz, have cut off a significant portion of global seaborne supplies.
South Africa and other African nations seek a fuel deal with the Dangote refinery to secure supplies amid disruptions from the global energy crisis.
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Nigeria has paused issuing petrol import licences due to the new Dangote Refinery. But with high costs, will this move affect Nigeria petrol prices?
Read More: https://punchng.com/so-this-happened-ep-381-nigeria-pauses-petrol-import-licences-as-dangote-refinery-boosts-supply/
By Theodore Opara The Nigeria Auto Journalists Association (NAJA) has called on President Bola Ahmed Tinubu to prioritise the direct supply of crude oil to domestic refineries, particularly the Dangote Refinery, as part of urgent measures to mitigate the rising cost of petrol linked to the ongoing crisis in the Middle East. The association made […]
The post NAJA appeals to FG to guarantee crude oil supply to local Refineries to curb rising fuel prices appeared first on Vanguard News.
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The National Restaurant Association of India (NRAI) has warned of potential catastrophic closures for restaurants due to the West Asia crisis impacting LPG supply, with the Delhi government now assuring normal LPG supply and no shortage amid these concerns.
Vanguard also reports that a Nigerian was among 122 people injured after Iran launched missile attacks on the United Arab Emirates, with casualties occurring during interceptions by the country’s air-defence systems.
The post Nigerian newspapers review: [M-East war] Despite Dangote refinery’s price cut, petrol is still N1,300 per litre appeared first on Vanguard News.
Many transporters and commuters have lamented their ordeals, and called on the Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to intervene and compel oil marketers to adjust pump…
The Centre for the Promotion of Private Enterprise (CPPE) states that local refining alone cannot prevent fuel price volatility in Nigeria, as global oil markets continue to dictate costs.
By Udeme Akpan Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international oil market. The ongoing…
Investors are debating which assets, such as dollar, bonds, or gold, offer the safest haven during the ongoing Middle East conflict, as traditional refuges show unpredictable behavior.
The Dangote petrol price has increased from N774 to N875/litre. Discover the reasons behind the hike, linked to global crude oil price volatility.
Read More: https://punchng.com/breaking-dangote-refinery-raises-petrol-price-to-n875/
By Udeme Akpan, Energy Editor Dangote Refinery has resumed the sale of Premium Motor Spirit (PMS), also known as petrol, to major marketers and depot owners under a revised distribution framework endorsed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The move represents a significant shift from the previous arrangement in which products were […]
The post Dangote Refinery targets depot owners, major marketers in new marketing model appeared first on Vanguard...
NNPC crude supply to the Dangote refinery topped 1 million metric tonnes in April, with eight major shipments bolstering Nigeria’s domestic refining capacity.
Nigeria exported 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery continues to struggle with inadequate domestic feedstock supply.
Dangote Industries will feature its flagship Dangote Refinery at the 2026 Nasarawa Trade Fair, highlighting its Vision 2030 for industrialisation.
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Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream market.
NNPC Limited had planned to increase crude oil allocation to the Dangote Petroleum Refinery to seven cargoes in May 2026; however, officials at Dangote Refinery are disputing these reports, stating their actual allocation from NNPC is lower.
The Nigerian National Petroleum Company (NNPC) is increasing its allocation of crude cargoes to the Dangote oil refinery for May, providing seven cargoes compared to five in previous months, amidst rising fuel prices.
The Dangote refinery in Nigeria is now ensuring a consistent local supply of oil, marking a significant development for the nation's energy independence.
Despite domestic refining capacity, Dangote Refinery indicates that global factors are affecting the expected cushioning effect of its operations, contributing to the persistently high retail petrol prices across Nigeria.
The Middle East conflict continues to cause significant volatility in global energy markets and broader economic slowdowns. Western powers are struggling to secure shipping in the Red Sea, and the Strait of Hormuz remains a treacherous battleground, with Iran setting new conditions for passage, banning US, Israel, and their allies. Oil prices have fluctuated as Iran stated 'non-hostile' ships can pass, though vessel transits remain significantly reduced.
Dangote Refinery has exported 456,000 tonnes of refined petroleum products to five African nations, significantly bolstering regional energy security and reshaping Africa’s fuel supply chain.
Amid Middle East disruptions, African nations like South Africa are looking to the Dangote refinery for fuel supply, prioritizing energy security.
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Nigeria's CBN reports Dangote refinery imported $3.74bn crude in 2025, reshaping the country’s oil trade. Concurrently, NNPC is boosting crude oil supply to the refinery to stabilize fuel availability amid global price surges.
The International Energy Agency on Wednesday agreed to release a record 400 million barrels of oil from strategic stockpiles to combat a spike in global crude prices since the start of the US-Israeli war with Iran, with the US contributing the bulk of the supply.
The Muslim Rights Concern (MURIC) has urged the Nigerian government to ensure a 100% crude supply to the Dangote Refinery to boost local production and achieve energy self-sustainability for the nation.
Vanguard also reports that a Nigerian was among 122 people injured after Iran launched missile attacks on the United Arab Emirates, with casualties occurring during interceptions by the country’s air-defence systems.
The post Nigerian newspapers review: [M-East war] Despite Dangote refinery’s price cut, petrol is still N1,300 per litre appeared first on Vanguard News.
The Dangote refinery now supplies 92% of Nigeria's petrol, leading the federal government to halt fuel imports and significantly impact domestic supply dynamics.
The CEO of Dangote Refinery has announced that the facility will prioritize supplying fuel to Nigeria, aiming to meet domestic demand before exporting.
Fears of a US-Iran war trigger a UK fuel crisis with long queues and price hikes, while Nigeria remains stable thanks to its Dangote refinery.
Read More: https://punchng.com/us-iran-war-britain-battles-fuel-crisis-as-nigeria-banks-on-dangote/
The House of Representatives affirms that NNPC’s 7.25% equity stake in the Dangote Refinery is vital for securing Nigeria’s national interest.
Read More: https://punchng.com/nnpcs-stake-in-dangote-refinery-secures-national-interest-reps/
The Dangote refinery is moving towards crude production, as its upstream project has recorded its first output, a development expected to strengthen crude supply to its 650,000 barrels-per-day refinery and deepen vertical integration.
The Dangote Refinery has enabled Nigeria to become a net exporter of petrol, marking a significant shift for the country which has historically imported refined products despite being a major crude oil producer.
Nigeria's fuel imports saw a significant 97% surge in March, even as local supply from the Dangote refinery increased, highlighting complex dynamics in the country's fuel market.
Nigeria's Dangote refinery is increasing its exports to help alleviate Africa's fuel supply crunch, marking a significant step in regional energy independence.
Nigeria's NNPC has announced plans to increase crude oil allocation to the Dangote Refinery to seven cargoes in May 2026, up from the current five. This move is intended to support the refinery's operational capacity.
The Ghanaian government has stated that ongoing discussions with the Dangote Refinery for fuel supply have not yet reached the implementation stage, with no specific timeline announced.
Nigeria, an oil-producing nation, is experiencing record-high gasoline prices, as the Dangote Petroleum Refinery's maximum output has failed to insulate the country from the energy market impacts of the Middle East war.
The Dangote refinery is receiving only five of an expected 15 monthly crude cargoes, forcing the facility to purchase oil from international markets, according to CEO David Bird.
Nigeria's Dangote mega-refinery has significantly stepped up fuel exports across Africa, gaining leverage as global oil prices soar and the ongoing Middle East war disrupts traditional fuel supply routes, curbing cheap imports.
Nigeria faces another petrol price hike as the Dangote refinery raises its ex-depot price for the fifth time, pushing pump prices to N1,332 per litre.
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The Dangote Petroleum Refinery in Nigeria has announced a new hike in its ex-depot rate for petrol, raising it to N1,245 per litre, citing global geopolitical tensions as the reason.
Amid an oil crisis potentially triggered by the war in Iran, the Dangote Refinery's operational status and its potential to mitigate Nigeria's fuel challenges are being critically examined.
The Dangote refinery is playing a crucial role in ensuring a consistent local oil supply for Nigeria, contributing to the nation's energy independence. Seneweb further emphasizes that the refinery is actively ensuring local oil supply for Nigeria.
The refinery has also temporarily suspended loading operations to reconcile stock levels and align with the updated pricing framework, further disrupting supply activities at the depot level.
The post Dangote Refinery hikes petrol price to N1,175 per litre as crude oil surges to $100 appeared first on Vanguard News.
Experts raise alarms over monopoly risks as the Dangote refinery dominates Nigeria’s N14.4tn petrol market, urging price regulation and competition.
Read More: https://punchng.com/monopoly-fears-rise-as-dangote-controls-n14-4tn-petrol-market/
The management of Dangote Petroleum Refinery has said the latest price reduction was to reduce the sufferings of Nigerians.
The post Price reduction to ease burden on consumers — Dangote Refinery…
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude oil prices and supply disruptions linked to geopolitical tensions in the Middle East.
The post Dangote Refinery explains N100 petrol price increase amid crude price surge appeared first on Premium Times Nigeria.
Escalating hostilities between the United States, Israel, and Iran have disrupted global oil flows and pushed crude prices to a seven-month high.
The post Uncertainty looms as fuel price increases…
Dangote Petroleum Refinery announced plans to expand beyond crude processing into a fully integrated industrial hub, unveiling five major projects including a surfactant plant to transform Africa’s manufacturing landscape.