Tag: Crude oil supply

Petrol price falls below ₦1,300 as Dangote cuts prices, refinery battles government over crude supply

Business Damilola Bayonle -
IBADAN, Nigeria — Petrol prices fell below ₦1,300 per litre at several filling stations in Ibadan, Lagos and Ogun...

Dangote-NNPC deal in crisis as $5bn crude shortfall disrupts refinery operations

Business Damilola Bayonle -
Dangote-NNPC Deal Hits Turbulence Over Crude Shortfall Nigeria’s ambition to strengthen domestic refining capacity is facing a significant setback as...

NNPC moves to stabilise fuel supply as Dangote Refinery faces crude supply shortfall amid global oil surge

Business Damilola Bayonle -
NNPC boosts crude supply to Dangote amid price surge Nigeria’s energy landscape is undergoing a critical stress test as global...

Global oil shock: IEA moves to crude supply to Asia as Middle East crisis disrupts markets

Business Damilola Bayonle -
Global oil markets are entering a volatile phase as supply disruptions linked to geopolitical tensions in the Middle East...

Dangote Refinery eases fears, no plan to halt petrol supply

Business Damilola Bayonle -
The Dangote Petroleum Refinery has dismissed reports suggesting that it is planning to shut down its petrol unit for...

Dangote Refinery Diversifies Crude Sources with Algerian Import

Damilola Bayonle -
In a significant development, the Dangote Petroleum Refinery has successfully purchased its first shipment of one million barrels of...