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Dangote Cuts Fuel Price as Brent Falls Below $80

Global crude oil prices fell sharply this week, prompting Dangote Petroleum Refinery and other suppliers to cut petrol prices in Nigeria.

Dangote Refinery Surpasses Capacity, Hits 700,000bpd

The Dangote Petroleum Refinery has surpassed expectations, hitting 700,000 barrels per day (bpd) in output—well above its 650,000 bpd design capacity—and confirming its status as the world’s largest single-train refinery.  

Dangote Refinery Accuses FG, NNPC of Crude Supply Sabotage

The Dangote Petroleum Refinery has accused the Federal Government and the Nigerian National Petroleum Company Limited (NNPC) of deliberately sabotaging its operations by failing to supply adequate crude oil, an allegation both the government and NNPC strongly denied.

Dangote Cuts Diesel Price by N200 Despite Import

Dangote Cuts Diesel Price by N200 Despite Import   Dangote Refinery has cut the depot price of Automotive Gas Oil (AGO), commonly known as diesel, by N200 per litre. The move intensifies competition in Nigeria’s downstream petroleum sector and has forced a major price adjustment. The reduction took...

Domestic Airlines May Cut Fares as Dangote Refinery Slashes Jet A1 to ₦1,650/Litre

Domestic Airlines May Cut Fares as Dangote Refinery Slashes Jet A1 to ₦1,650/Litre   There strong indications that domestic airlines may slash the cost of local flights by next week, following the confirmation that marketers have commenced loading of aviation fuel, known as Jet A1 at...

Import Licence Dispute Pits Dangote Refinery Against Marketers

Import Licence Dispute Pits Dangote Refinery Against Marketers   Dangote Refinery and fuel marketers have resumed fresh hostilities over the new import licenses the Federal Government recently granted the former to ship petroleum products outside the shores of the country. Economic Confidential also reports that the largest...