Dangote Refinery: Why MRS Sells Petrol at ₦739
Dangote Refinery clarifies it sells petrol uniformly to all marketers at ₦699. The ₦739 price at MRS stations is due to market competition, not preferential treatment. Read the full details.
Category : Search result: Serbia oil refinery shutdown
Dangote Refinery Hits 50M Litres Daily, Plans Major Expansion
Dangote Refinery's CEO assures Nigerians of stable petrol prices, reveals a 1.4 million barrel per day expansion plan for 2026, and details how 24-hour operations are ending fuel scarcity.
Uganda Imposes Internet Blackout Before Election
Uganda has ordered a nationwide internet shutdown two days before its general election, citing misinformation risks. This contradicts government assurances. Read the full details.
Agents Protest Shipping Charge Hike, Shut Down MSC Apapa
Clearing agents in Apapa have halted operations at MSC to protest a sharp increase in shipping tariffs, warning it will worsen inflation and raise import costs for Nigerians.
Iran Internet Shutdown Enters 4th Day Amid Protests
Iran's nationwide internet blackout surpasses 84 hours, hiding a deadly crackdown on anti-government protesters. Global solidarity rallies demand action. Read more.
PETROAN Urges FG to Revive Refineries by Q1 2026
PETROAN advises the Federal Government to focus on rehabilitating Nigeria's refineries to cut fuel prices and boost the economy. Read the full analysis and political implications.
Fuel Prices Drop to N710/Litre After Dangote Deal Collapse
Nigerian petrol depot prices plummet to N710 per litre following the collapse of Dangote Refinery's supply deal with marketers. Experts predict further drops as competition and global oil prices intensify. Read more for full analysis.
MRS Displaces NNPC as Nigeria's Cheapest Petrol Seller
MRS Oil Nigeria, backed by Dangote Refinery, now sells petrol at N739/litre, undercutting NNPC's prices. This marks a major shift in Nigeria's downstream fuel market dominance. Discover the new pricing landscape.
PETROAN, NNPCL in Talks for Port Harcourt Refinery Takeover
PETROAN confirms discussions with NNPCL to acquire and revive the Port Harcourt Refinery for $2 billion. The move aims to boost local refining and stabilise fuel prices in Nigeria.
Trump Pitches Venezuela Oil to US Majors, Faces Doubts
US President Trump urges oil executives to invest in Venezuela's vast reserves post-Maduro capture, promising security. CEOs remain wary, citing past seizures and calling the nation 'uninvestable'.
Nigeria's Oil Production to Hit 1.8mbpd by Q2 2026
A new report projects Nigeria's oil production could reach 1.8 million barrels per day by Q2 2026, driven by Ogoni fields revival and pipeline security. Discover the key milestones and economic impact.
Dangote Refinery Bypasses Depots, Sells Petrol Directly
Dangote Refinery now sells petrol directly to independent marketers, slashing prices to N699/litre after a pricing dispute with depot owners. This major shift boosts competition and supply.
CBN Predicts N950 Fuel Price for 2026
The Central Bank of Nigeria projects petrol prices will hover around N950 per litre in 2026, based on oil prices and forex. This is higher than current rates set by Dangote Refinery. Read the full analysis.
Venezuela Oil Ships Head to US as Storage Nears Capacity
Three Chevron-chartered tankers are transporting Venezuelan crude to the US, as sanctions cause a major storage buildup. Get the latest on the oil shipments and the looming capacity crisis.
US to Control Venezuela Oil Sales Indefinitely
US Energy Secretary Chris Wright declares indefinite US control over Venezuelan oil sales, aiming to revive production with billions in investment. Details on the plan and its implications.
Importers Threaten Shutdown Over New Port Charges
Maritime importers and freight agents warn of potential shutdowns at Nigerian ports due to sharp increases in shipping charges approved by the Shippers' Council. Stakeholders cite cargo diversion and high costs.
Trump's 18-Month Plan for US Oil in Venezuela
US President Donald Trump outlines a timeline for American oil companies to expand operations in Venezuela within 18 months, following the capture of Nicolas Maduro. Details inside.
US Venezuela Oil Plan Poses Risk to Nigeria's 2026 Budget
Experts warn that US efforts to revive Venezuela's oil industry could destabilise Nigeria's 2026 budget, which relies heavily on uncertain oil earnings. Discover the potential impact and calls for diversification.
NNPC Lowers Abuja Petrol Price, Dangote Boosts Supply
NNPC reduces petrol prices in Abuja to N815 per litre, offering relief. Dangote Refinery debunks shutdown rumours, delivers 43 million litres nationwide. Lagos prices remain steady.
Fuel Prices Rise as Dangote Refinery Starts Maintenance
Ex-depot petrol prices surge to N805 per litre following Dangote Refinery's planned maintenance on its main gasoline unit. Get the latest on the shutdown, price impacts, and Dangote's assurances.
Doctors to Resume Nationwide Strike on January 12
NARD announces a total, indefinite strike from January 12, 2026, over unmet welfare agreements. Protests planned nationwide. Full story on the healthcare crisis.
Dangote Refinery Exports to Ghana May Decline
Ghana's Tema Oil Refinery is back online after years of inactivity, operating at 28,000 bpd. This could reduce its reliance on imports from Nigeria's Dangote Refinery, its top 2025 supplier. Explore the shifting energy dynamics in West Africa.
Fuel Prices Rise to N800/Litre After Dangote Refinery Shutdown
Private depot owners have increased petrol prices to N800 per litre following Dangote Refinery's planned maintenance shutdown. Get the latest on Nigeria's fuel market and price outlook.
Dangote Refinery Offline for Maintenance, Targets 700k bpd
Nigeria's Dangote Refinery starts planned maintenance to boost petrol output and achieve 700,000 barrels per day capacity by early 2026, reducing fuel imports by over 60%.
Dangote Refinery's 2025 Crisis: Unions, Pricing & Regulation
Nigeria's oil sector faced major tensions in 2025 as Dangote Refinery clashed with unions, marketers, and regulators over labour rights, pricing, and market control. Explore the full review of the crisis and its implications for 2026.
Nigeria ships 33.2m barrels of crude to U.S. in eight months
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
No Bank Shutdowns from CBN Recapitalisation - ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
Dangote: Don't Pay Over N739 for Petrol, Use Hotline
Aliko Dangote directs Nigerians to buy fuel at the new N739/litre price. His refinery launches a hotline to report overcharging stations and warns against artificial scarcity. Read more.
Dangote Sells Fuel at N739 via MRS Stations
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
PETROAN: N58.18tr 2026 Budget Achievable with 1.84mbpd
PETROAN endorses Nigeria's 2026 budget, citing realistic oil targets. It urges transparent privatisation of state refineries by Q1 2026 and highlights security, host communities, and regulatory funding as key to success.
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