The Dangote Refinery has announced another reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N865 to N835 per litre. Anthony Echiejina, the Group Chief Branding and Communications Officer of Dangote, disclosed this in a statement on Wednesday in Lagos. Echiejina said that the price slash came after the…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its contract with Dangote Refinery for the sale of crude oil in Naira was structured as a six-month agreement. The Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, on Monday in a statement said this was subject to availability, and expires at ending of March 2025….
Ukrainian drones targeted a Russian oil refinery in the city of Novokuybyshevsk overnight, Ukrainian authorities said Monday. Andriy Kovalenko, head of the anti-disinformation centre in Ukraine’s National Security and Defence Council. He wrote on Telegram that the refinery was of strategic importance to the Russian military as it helps ensure a stable fuel supply for…
A Federal High Court in Abuja on Wednesday, fixed March 18 for ruling on the Nigeria National Petroleum Company Limited (NNPCL)’s preliminary objection against a suit filed by the Dangote Petroleum Refinery and Petrochemicals FZE over oil import licence dispute. Justice Inyang Ekwo fixed the date after counsel to the NNPCL,, Ademola Abimbola, SAN, and…
