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Dangote Refinery, NARTO Collaborate on Efficient Products Distribution

Dangote Refinery, NARTO Collaborate on Efficient Products Distribution Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively impact their businesses. The transporters, under the aegis of Nigerian Association of Road Transport Owners...

PIB: Senate Limits Fuel Imports To Dangote, Others

PIB: Senate Limits Fuel Imports To Dangote, Others       If the new provision on fuel imports inserted by the Senate in the Petroleum Industry Bill is adopted by the House of Representatives and the President, only active refinery licence holders will be allowed to import petroleum...

Dangote Refinery, Others To Buy Crude In Naira According To PIB

Dangote Refinery, Others To Buy Crude In Naira According To PIB     Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum Industry Bill passed by the National Assembly on Thursday. Companies holding refining licences include Dangote...

MOMAN Eyes Petroleum Products From Dangote Refinery

MOMAN Eyes Petroleum Products From Dangote Refinery       The Major Oil Marketers Association of Nigeria (MOMAN) has said it is open to engage the management of Dangote Group on commercial terms regarding the lifting of petroleum products from its refinery when completed. Dangote Group said in a...

NNPC Chief Reacts To Alleged Fraudulent Dealing In Equity Participation Of Dangote Refinery

NNPC Chief Reacts To Alleged Fraudulent Dealing In Equity Participation Of Dangote Refinery         Mr Mustapha Yakubu, Chief Operating Officer, Refineries & Petrochemicals, NNPC, says there is no fraudulent dealing in NNPC’s planned equity participation in Dangote Oil Refining Company (DORC). Yakubu made the declaration on Monday...

Buhari Authorizes NNPC To Acquire 20% Stake In Oil Refineries

Buhari Authorizes NNPC To Acquire 20% Stake In Oil Refineries     As part of steps to attract investment, President Muhammadu Buhari has authorized the Nigerian national Petroleum Corporation (NNPC) to acquire 20 per cent stake in any private oil refinery producing at least 50,000 barrels per...