Dangote Refinery – City Business News

August 24, 2026 No Responses

Dangote Refinery Expands Free Fuel Delivery To Four States

By ebosele@hotmail.com – Dangote Petroleum Refinery & Petrochemicals has expanded its free petroleum product delivery initiative to Kano, Imo, Anambra and Nasarawa States, in a move expected to reduce distribution costs for independent petroleum marketers and create room for lower...

July 24, 2026 No Responses

Dangote Refinery completes $2.5b Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately $2.5 billion in new equity, following a highly successful offering.City Business News reports that the transaction...

June 5, 2026 No Responses

Dangote Refinery Ramps Up To 700,000 Barrels Per Day

Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility’s operational expan...

May 25, 2026 No Responses

S&P Upgrades Nigeria, Cites Dangote Refinery

Nigeria’s economic outlook has received a major boost as global ratings agency, S&P Global Ratings, upgraded the country’s long-term foreign and local currency sovereign credit ratings to “B” from “B-”, citing stronger economic growth, improved...

November 26, 2025 No Responses

Photo News

L-R: Vice President, Oil and Gas, Dangote Industries Limited, Devakumar Edwin; President/CE, Dangote Industries Limited, Aliko Dangote; President, Honeywell UOP, Rajeswar Gattupalli, and Vice President & General Manager, Honeywell UOP, Dr. Ranjit Kulkarni,...

November 25, 2025 No Responses

Dangote Refinery, Honeywell Seal Strategic Partnership

By ebosele@hotmail.com The Dangote Group has announced a major strategic partnership with Honeywell International Inc. to drive the next phase of expansion of the Dangote Petroleum Refinery, marking a significant advancement in the company’s mission to build...

November 17, 2025 No Responses

Dangote Refinery Debunks Tariff-Linked Price Cut Claims

Dangote Petroleum Refinery has refuted reports suggesting that the recent reduction in pump prices by oil marketers was driven by the Federal Government’s suspension of the 15 per cent import tariff.In a statement, the company described the narrative as “e...

October 5, 2025 No Responses

Dangote Refinery Lauds Tinubu, Security Chiefs, Ministers For Averting PENGASSAN Disruption

Dangote Petroleum Refinery has expressed appreciation to President Bola Ahmed Tinubu for his timely intervention in averting what it described as “the disruptive actions of PENGASSAN” against the company.The company in a statement on Sunday said the Presid...

October 1, 2025 No Responses

Dangote, PENGASSAN Reach Truce

THE Federal Government on Tuesday brokered a truce between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the management of Dangote Petroleum Refinery.This is contained in a communiqué issued and signed by the Minister of La...

June 16, 2025 No Responses

Dangote Deploys 4,000 CNG Tankers For PMS, Diesel Distribution

With effect from August 15, 2025, Dangote Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boos...

May 22, 2025 No Responses

Dangote Refinery Reduces PMS Price

Dangote Petroleum Refinery & Petrochemicals has announced another reduction of N15 in the price of its Premium Motor Spirit (PMS).As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos;...

March 19, 2025 No Responses

DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

The management of Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira.In a statement issued on Wednesday, the company explained that the decision is necessary to avoid a “mismatch between our sales proceeds and our c...

March 11, 2025 No Responses

Zacch Adedeji:Naira-For-Crude Policy Remains In Place

Our attention has been drawn to reports suggesting that the naira-based crude oil supply arrangement with local refineries has been discontinued, forcing the domestic refineries to rely solely on international crude purchases.These reports do not reflect the r...

February 27, 2025 No Responses

Dangote Refinery Reduces Petrol Price To ₦860 Per Litre

Again, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦890 to N825 per litre, effective from 27th February 2025. In a statement on Wednesday, Dangote Petroleum Refinery explained that&...