
Energy







Crude oil prices have risen amid threats by President Donald Trump to sanction countries patronising Venezuela's oil. Dangote also plans to import crude.

According to data issued by the Major Energies Marketers Association of Nigeria on Wednesday, the cost of importing one liter of fuel has increased by N88.

Oil marketers are set to change petrol prices at filling stations as the Major Oil Marketers Association of Nigeria (MOMAN) reveals a rise in landing cost.

Ibadan Electricity Distribution Company (IBEDC) has threatened to sue the Oyo State arm of the Nigerian Labour Congress over allegations of firing 3,000 staff.

Dangote Petroleum Refinery has announced plans to shut down a section of the facility for maintenance, and now plans to sell its 128,000MT residual fuel

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has revealed that the Port Harcourt refinery has operated for 180 days non-stop.

Dangote Refinery is set to export about 130 million litres of aviation fuel to Saudi Arabia after exporting three shipments to the US, increasing its influence.

Dangote refinery has announced the sale of petroleum products to the United States, and wants to sell to more countries after halting sales in naira.

The Federal Government's sale of crude oil to the Dangote Petroleum Refinery in naira has drawn criticism from Olufemi Adewole, Executive Secretary of the DAPPMAN.
Energy
Load more