Dangote Refinery

The Petroleum Products Retail Outlet Owners Association (PETROAN) has reaffirmed that premium motor spirit from the Nigerian National Petroleum Company Limited (NNPCL) complies with regulatory standards. PETROAN’s Spokesperson, Joseph Obele, made this declaration in a statement issued on Sunday. Henzodaily reports that this response follows the circulation of a viral video claiming that petrol from … Read more

The controversy surrounding fuel quality has escalated as the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery exchange words over claims of substandard petrol. Officials from the Dangote Refinery have dismissed allegations that a questionable batch of Premium Motor Spirit (PMS) originated from their facility. Speaking anonymously to Sunday PUNCH, they emphasized that Nigerians … Read more

The Nigerian National Petroleum Company (NNPC) has condemned misleading allegations made in a viral video circulating online, which claims that NNPC fuel does not last. Henzodaily reports that NNPC spokesman, Olufemi Soneye, said the assertion was baseless and entirely unfounded, originating from unverified and amateur research that lacks credibility, accuracy, and professional oversight. In a … Read more

Dangote Petroleum Refinery & Petrochemicals, on Tuesday announced the reduction in the price of its diesel product. Henzodaily gathered that Dangote reduced the price to ₦1,020 per litre, down from ₦1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general. Since it began diesel production in … Read more

The competition in Nigeria’s downstream oil sector has reached new heights as the Nigerian National Petroleum Company Limited (NNPCL) may consider reducing petrol prices to keep up with Dangote Refinery’s recent price slash. Henzodaily reports that this move follows MRS filling station’s announcement of a pump price reduction, in collaboration with Dangote Refinery, which has … Read more

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on fuel marketers to reduce the pump price of Premium Motor Spirit (PMS), also known as petrol, following a drop in the ex-depot price by Dangote Refinery. Dangote Refinery announced on Saturday that it had reduced the ex-depot price of petrol from ₦950 … Read more

Dangote Petroleum Refinery, on Saturday reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦950 to ₦890. Henzodaily reports that Dangote Refinery in a statement disclosed the price adjustment is in response to favourable developments in the global energy sector and a significant decline in international crude oil prices. The … Read more

Oil marketers have revealed that the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, dropped to ₦922.65 per litre as of Friday, reflecting a decrease of ₦32.35 from the ₦955 per litre recorded at the Dangote Petroleum Refinery’s loading gantry. This reduction, attributed to declining global crude oil prices and adjusted exchange … Read more

The Federal High Court in Abuja has postponed a case initiated by Dangote Petroleum Refinery and Petrochemicals FZE, which seeks to prevent the issuance of oil import licenses to certain oil marketing companies, until January 30th for a hearing. Henzodaily understands that the hearing, chaired by Justice Inyang Ekwo, which was originally scheduled to take … Read more