N899.50 to N950: Dangote Refinery Caps Petrol Price Increase at 5%, Absorbs 50% of Costs Despite 15% Global Oil Price Surge

Dangote Petroleum Refinery has clarified that the recent adjustment in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, is a direct response to the significant rise in global crude oil prices. With crude oil serving as…

Ardova, Heyden Join Dangote Refinery to Ensure Affordable PMS for Nigerians

Ardova Plc and Heyden Petroleum have entered into a bulk purchase agreement with the Dangote Petroleum Refinery. This strategic move, according to a statement by the Refinery, is designed to ensure a steady supply of petroleum products at affordable prices,…

Ardova Plc agrees Bulk Purchase Framework with Dangote Refinery

In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery. This framework will see Ardova…

MOMAN unveils New Identity; Rebrands to MEMAN to signal new strategic energy direction

Signalling the dawn of a new era, the Major Oil Marketers Association of Nigeria (MOMAN), earlier today unveiled their rebranded identity as the Major nergies Marketers Association of Nigeria (MEMAN). The launch highlights MEMAN’s commitment to sustainability through the NMDPRA…

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