Since the commencement of refining operations in 2024, Dangote Refinery has been importing the bulk of its crude ...

Bashir Ojulari, the head of Nigeria’s state oil company, said he wanted the quota to rise to 2 million barrels per day.

Nigeria’s state-owned oil giant, the Nigerian National Petroleum Company Limited (NNPCL), has reaffirmed its commitment to ...

The price of Nigerian crude oil inched closer to the Federal Government’s benchmark following renewed drone attacks on ...

Nigeria's Dangote refinery is set to receive its first shipment of Brazilian crude oil as it continues towards full operational capacity. The purchase of Brazilian crude is a first for Nigeria.

"The lower the crude oil price, the more profit that you make in terms of refining margin." Work is underway on the outskirts of Lagos. At the refinery's planned oceanfront location, construction ...

The $20 billion Dangote refinery, Nigeria's main oil refinery and billed to be the largest in Africa at full throttle, started production in January but has struggled to secure enough crude to ...

The refinery needs a constant supply of crude but Nigeria's oil production has been declining due to oil theft, vandalism of pipelines and underinvestment. In April, production fell under 1 ...

Nigeria's state oil firm NNPC Ltd signed an agreement in November to supply the Dangote refinery with up to six cargoes of crude starting this month. NNPC has a 20% stake in the refinery.

Shell Plc's Nigeria unit said on Friday it has resumed supply of crude oil from its Bonny export terminal to the state-owned refinery in Port Harcourt which is expected to start operations in the ...

Nigeria’s giant new refinery near Lagos is to import a cargo of Brazilian crude, adding to the large number of overseas barrels that Africa’s biggest oil-producing nation is taking.

Damaged cars are seen following a blast at a Nigerian oil refinery on April 23, 2022, in this photo released by the Rivers State Command of the Nigeria Security and Civil Defence Corps.