Browsing Tag
Dangote Refinery
47 posts
Fuel Costs Climb as Abuja Filling Stations Shut Down Amid Pricing Turmoil
Abuja experiences fuel shortages and price hikes as marketers struggle with dollar-denominated product sales and unresolved crude supply disputes following the Dangote Refinery's policy shift.
IPMAN Denies Halting Fuel Collection at Dangote Refinery
IPMAN has clarified that its members are still loading petrol at the Dangote Refinery, despite reports suggesting a boycott over dollar-denominated pricing.
IPMAN Halts Petrol Pickup at Dangote Refinery Due to Unstable Pricing
IPMAN has suspended petrol loading at the Dangote Refinery following an unexpected halt in operations, leading marketers to seek supplies from more expensive private depots.
IPMAN Challenges NMDPRA Import Permits as Local Fuel Prices Remain Competitive
IPMAN has petitioned the NMDPRA to reconsider petrol import licenses, arguing that locally refined fuel is cheaper and more sustainable than increasingly expensive imported supplies.
Marketers Warn of Potential Dollar-Based Fuel Sales Amid Dangote Refinery Deal Uncertainty
Petroleum marketers warn that Nigerians might be forced to pay for fuel in US dollars if the federal government does not urgently restore the naira-for-crude supply deal with the Dangote Refinery.
IPMAN reports petrol supply freeze due to price instability
IPMAN says independent marketers have paused petrol purchases and closed stations due to price uncertainty caused by the suspension of loading operations at the Dangote Refinery.
MRS stations close in Abuja following latest petrol price hike
MRS filling stations in Abuja have shut down for two days due to fuel shortages as petrol prices rise following the dollarization of the downstream oil sector.
Fuel prices climb at various Nigerian retail outlets
Several Nigerian petrol stations have raised their fuel prices by up to N50 per litre, even as other retailers maintain current rates following shifts in ex-depot costs.
Dangote Refinery Addresses Rumors Regarding Petrol Sales Suspension
Dangote Refinery officially denies reports of halted petrol sales, clarifying that its 700,000-barrel-per-day operation continues as depot owners hike prices.
PETROAN Urges Immediate Reactivation of State-Owned Refineries to Stabilize Fuel Costs
PETROAN is calling for the urgent revival of government-owned refineries to combat rising fuel prices and currency instability following shifts in the downstream oil sector.