Dangote Petroleum Refinery has achieved a significant operational milestone, recording an average capacity utilization of 105.21 percent in August 2026, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The 700,000 barrels-per-day refinery processed an average of 736,470 barrels of crude oil per day in
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says it plans to roll out between 50 and 70 smart self-service fuelling stations across the country within the next six months. Dr Mumuni Dagazau, Executive Vice President, Downstream, NNPC Ltd., disclosed this on Thursday at the commissioning of the NNPC Retail
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it recorded a decline in fuel supply and consumption in July compared to June, even as diesel stock sufficiency improved significantly. According to the NMDPRA monthly Factsheet for July 2026, crude oil receipt by domestic refineries dropped from 0.632 million
Dangote Petroleum Refinery & Petrochemicals has cemented its position as a rising global energy powerhouse after becoming Europe’s largest supplier of jet fuel for the second consecutive month, outperforming traditional exporters such as the United States and capturing approximately one-fifth of the continent’s total jet fuel imports. The milestone underscores
Shell Companies in Nigeria on Tuesday night hosted outgoing Executive Vice President Nigeria and Country Chair, Marno de Jong to a rousing sendforth as former Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni returns from a foreign posting to take up the role. Stakeholders from
The Federal Government has described the Dangote Petroleum Refinery and Petrochemicals as a cornerstone of Nigeria’s ambition to build a $1 trillion economy, pledging deeper collaboration with the private sector to accelerate industrialisation, job creation and economic transformation. Minister of State for Industry, Senator John Owan Enoh, made the declaration
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion in new equity, following a highly successful offering. The transaction, which is believed to be Africa’s largest publicly disclosed primary equity private placement, marks a significant milestone in the history
Dangote Petroleum Refinery & Petrochemicals has reduced the gantry price of its petrol by N50 per litre. With this, the gantry price from the company is now N1, 075. The company in a statement in Thursday said the latest N50 per litre reduction brings the cumulative decrease in the refinery’s
L-R: Group Managing Director/CEO, Zenith Bank Plc, Dame Dr. Adaora Umeoji, OON, and Senior Vice President/Group Country Manager, Visa West and Central Africa, Aminata Sane during the Launch of Zenith Bank Visa Signature Card at Zenith Bank Headquarters in Lagos, on Monday.