Despite being Africa’s top oil producer, Nigeria relies heavily on imported fuels due to its underdeveloped domestic refining sector.
Dangote Oil Refinery
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Leveraging its proximity and logistical advantages, the refinery is expanding its influence in neighboring markets.
- West & Central Africa
Africa’s richest man accuses IOCs of sabotaging Dangote Oil Refinery operations
Dangote Industries Limited claims IOCs exploit Nigeria by exporting raw materials and dumping expensive refined products, leading to unemployment and poverty in …
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The maiden consignment, comprising 45,000 metric tons of jet fuel, embarked on its journey to Rotterdam, Netherlands, aboard the vessel “Doric Breeze” …
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The choice to pursue a dual listing on both exchanges reflects considerations arising from the NGX’s current limitations in accommodating the scale …
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Trafigura Group, a multinational commodity trading company headquartered in Singapore, has been awarded the contract for the inaugural shipment.
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The move by the Dangote Oil Refinery, led by Aliko Dangote, who holds the title of the world’s richest Black billionaire, signals …
- Hot News
Refinery owned by Africa’s richest man prepares for test runs as sixth batch of crude arrives
The latest delivery, consisting of one million Agbami barrels of crude, marks the completion of the 6-million-barrel consignment to be utilized in …
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The complex will initially focus on producing diesel, aviation fuel, and gas, with petrol production planned for a later stage.
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The Dangote Oil Refinery is set to receive its first cargo of 6 million barrels from the Nigerian National Petroleum Corporation Limited …