A continued shortfall in crude oil supply to domestic refiners has kept the capacity utilisation of refineries at just 57.8 per cent, leaving over 42 per cent of Nigeria’s installed refining capacity ...
President of Dangote Industries Limited (DIL), Alhaji Aliko Dangote, has once again raised the alarm over the relentless opposition faced by his $20 billion oil refinery project in Lekki, Lagos a...
The refinery announced in a statement on Tuesday. Citing data from Kpler, a ship tracking service, another vessel, Hafnia Andromeda, is set to arrive at the Everglades terminal, one of the US ports, o...
Oando Plc has announced that its trading subsidiary, Oando Trading, has been formally selected as the preferred bidder for the lease of Guaracara Refining Company Limited (GRC)’s refinery assets ...
Nigeria’s leading indigenous energy group, Oando Plc, yesterday confirmed its selection as the preferred bidder for the 175,000 barrels per day Guaracara Refining Company Limited (GRC) refinery assets...
This was disclosed on Wednesday by the management of the refinery. According to the refinery, the price adjustment was designed to provide essential relief to Nigerians in anticipation of the upcoming...
In an exclusive interview with Forbes on Monday, Dangote opened up about the risks involved in such a massive undertaking. “It was the biggest risk of my life. If this didn’t work, I was dead,” he sai...
The Dangote Oil Refinery, with a capacity of 650,000 barrels per day, is set to achieve full operation within the next 30 days. According to Edwin Devakumar, the refinery’s head, the facility ca...
