
The global fall in crude oil prices has led to a slight drop in fuel prices across depots nationwide, with top depots now selling petrol and diesel at the same rate.
The global fall in crude oil prices has led to a slight drop in fuel prices across depots nationwide, with top depots now selling petrol and diesel at the same rate.
About four prominent oil marketers spent N833.49 billion importing fuel in the first nine months of 2024, which resulted in huge revenue for the oil companies.
The Dangote Refinery has accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority of lacking facilities to check adulterated petroleum products.
Oil marketers have vowed to import petrol to crash prices below the one offered by the Dangote refinery, saying that the refinery sells above N1,000 per litre
Dangote Petroleum Refinery has raised the alarm about an international company brought into Nigeria to blend petrol and has defended its fuel pricing.
Nigerians now buy gasoline at historically high prices, with prices varying by city and filling station, as a result of the oil industry's total deregulation.
Dangote Refinery's management has confirmed that it has started supplying Premium Motor Spirit (PMS), commonly known as petrol, to major petroleum marketers.
Angola has disclosed that its new Cabinda refinery will commence production in April 2025 after commissioning between January and March to rival Dangote Refinery.
Filling stations across the country have adjusted their pump price ahead of the Independent Petroleum Marketers Association of Nigeria buying from Dangote refinery.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed the conditions fuel prices in the country can be reduced await Dangote Refinery.
Energy
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