The Dangote Petroleum Refinery has reversed its recent price reduction, raising its ex-depot price for Premium Motor Spirit back to ₦1,175 per litre, a move that has prompted depot operators across the country to temporarily suspend sales transactions. A source…
Dangote Refinery Adjusts Petrol Price, Moves to Shield Nigeria From Global Oil Supply Shocks
The Dangote Petroleum Refinery & Petrochemicals has reassured Nigerians of its commitment to stabilising domestic fuel supply as geopolitical tensions continue to disrupt global petroleum markets. According to the refinery, the ongoing conflict in the Middle East has triggered shutdowns…
Iran crisis: Schoolgirls Killed, Thousands Displaced and Aid Compromised
© IAEA/Paolo Contri The Bushehr Nuclear Power Plant in Iran. On the fourth day of Israeli and United States airstrikes against Iran and amid growing violence and instability in the Middle East, the UN urgently called for protection of…
PETROAN Urges Stronger Local Refining, as Middle-East Crisis Threatens Fuel Importation
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has stressed the urgent need to consolidate and strengthen Nigeria’s domestic refineries through the provision of adequate, consistent crude oil supply. Dr Billy Gillis-Harry, National President, PETROAN said this on…