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DANGOTE REFINERY
Africa’s largest oil refinery, Dangote Refinery, has started exporting its first jet fuel cargo to Europe.
Nigeria's Dangote refinery is planning a dual listing on the London and Nigerian stock exchanges, a senior executive announced on Tuesday.
The President of Dangote Petroleum Refinery, Aliko Dangote, has said that the refinery will supply its refined products...
Dangote refinery in Lagos reportedly plans to purchase at least 24 million barrels of US crude oil over the next year as it increases its processing capabilities.
The Dangote refinery has announced a further reduction in the price of diesel from the N1000/litre reported earlier to N940/litre for customers buying 5million litres and above from the refinery.
Analyst at the Standard and Poor's’ Global Commodities Insights have projected that the Dangote refinery will start supply of petrol in the fourth quarter of this year rather than the next month being stated by the company.
Dangote Refinery sources one third of its feedstock from the United States, choosing more affordable oil as it increases production, according to a report by Bloomberg.
The average retail price of Automotive Gas Oil (Diesel) paid by consumers rose by 59.51% year-over-year, increasing from N840.81 per liter in March 2023 to N1341.16 per liter in March 2024.
The Dangote refinery has begun selling Automotive Gas Oil (AGO) diesel at a reduced rate of N1000 per litre. This represents a drop from the N1200/litre the refinery sold the product for when it began rolling out petroleum products about two weeks ago.
The chairman of the Dangote Group, Alhaji Aliko Dangote, has said that the significant cut in diesel prices to N1,200 will soon result in lower inflation rates.
Dangote Refinery is set to supply Premium Motor Spirit (PMS) popularly known as petrol to marketers next month, May 2024, according to sources familiar with the matter.
Dangote oil refinery began supplying the Nigerian domestic market with petroleum products such as diesel and aviation jet fuel on Tuesday, according to sources familiar with the matter.