NNPC Has Option to Increase Stake in Dangote - Aliko   The President of the Dangote Group, Alhaji Aliko Dangote, has said the Nigerian National Petroleum Company Limited (NNPCL) has the opportunity to increase its 7.2 per cent stake in the Dangote refinery. However, Dangote said this...

Dangote Refinery Reduces Crude Intake Amid Operational Challenges   Amid its recent struggle to meet local fuel demand, the Dangote Petroleum Refinery has reportedly reduced its crude oil purchases this month following operational setbacks that have slowed output. The refinery is expected to purchase fewer than 300,000...

Cheap Crude, Strong Naira Fails to Lower Petrol Prices   The sudden jump in petrol prices from about N865 per litre to almost N1,000 has left many Nigerians confused, especially as the two main factors that determine the price, crude oil and the exchange rate, have...

Oshiomhole Slams PENGASSAN for Escalating Dangote Refinery Dispute   Former Nigeria Labour Congress president and senator, Adams Oshiomhole, has criticised the Petroleum and Natural Gas Senior Staff Association of Nigeria for escalating its disagreement with the Dangote Refinery into a nationwide shutdown of oil facilities, describing...

Nigeria Becomes Senegal Refinery's Key Crude Supplier — Report   Nigeria has emerged as a key crude supplier to the 30,000-barrels-per-day Dakar Refinery in Senegal, even as the country celebrated its entry into the league of oil-producing nations last year. Senegal began pumping oil in mid-2024 from...

Dangote Group Faults PENGASSAN’s Directive to Cut Off Gas, Crude Supply   Management of the Dangote Petroleum Refinery has condemned the directive issued by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) ordering its members to halt crude oil and gas supply to...