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Africa’s largest refinery has pushed back against allegations that petrol produced at its Lagos facility is shipped to Lomé in Togo and then quietly returned into the Nigerian market, describing the claims as commercially illogical, contractually barred, and unsupported by trade data. Dangote Petroleum Refinery and Petrochemicals issued the rebuttal on Tuesday, June 23, 2026,…
The federal government has issued fresh refined product import permits to independent marketers for the third quarter of 2026. The Nigerian Midstream and Downstream Petroleum Regulatory Authority approved the licenses to prevent potential domestic fuel shortages between July and September. The tactical intervention follows a noticeable decline in national fuel stock levels over the past…
LAGOS — The Dangote Petroleum Refinery has achieved a definitive operational milestone by restoring its Crude Distillation Unit (CDU) to full nameplate capacity. In a statement released on Wednesday, the facility confirmed that both the CDU and the Motor Spirit (MS) production block have hit the 650,000 barrels per day (bpd) mark. This development follows…
The Federal Government has lowered entry barriers in Nigeria’s 2025 oil and gas licensing round, offering 50 oil blocks for bidding in a move aimed at boosting crude oil output, attracting fresh investment, and improving transparency in the upstream sector. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this during a pre-bid webinar for potential…
