Petrol price crash is imminent following the crash in crude oil prices to $65 per barrel from $73.73, the lowest since 2021, ...

Federal Government’s naira-for-crude policy may continue despite the expiration of its initial six-month agreement with ...

Nigeria is set to introduce a new medium sweet crude, Obodo, in April, produced by Continental Oil and marketed by NNPC.

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has confirmed that Dangote Refinery has not yet ...

The United States has imported over two million barrels of jet fuel from the world’s largest single-train refinery –Dangote Petroleum Refinery & Petrochemicals in March.  The refinery will also shut ...

Dangote Refinery said it would now sell refined petrol in dollars until the government resumes crude-for-naira-sale arrangement. Consequently, the Independent Petroleum Marketers Association of ...

Dangote Refinery has suspended the sale of its petroleum products in naira, explaining that the decision was necessary to avoid a mismatch between its sales proceeds and crude oil purchase ...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to sell petrol in US dollars if Dangote Refinery begins selling its products in foreign currency. The move was in ...

Dangote Refinery has halted the supply of petroleum products to the Nigerian market following the collapse of its naira-for-crude deal with the Nigerian National Petroleum Company (NNPC ...

Nigeria's Dangote refinery says it will suspend fuel sales in local currency Nigeria's huge Dangote Petroleum Refinery announced on Wednesday that it was temporarily suspending fuel sales in the ...