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Dangote Refinery ships first jet fuel cargo to Europe

September 2, 2024August 27, 2024 by Francis Abel

Nigeria’s Dangote refinery, situated on the outskirts of Lagos, has marked a significant milestone by exporting its first jet fuel cargo to Europe, as detailed in a recent S&P Global Insights report. BP is currently transporting this initial jet fuel shipment to Rotterdam, having secured a portion of a 120,000 metric tonnes tender offered at … Read more

Nigeria vows to exceed $5bn capital base for Africa Energy Bank if located in Abuja

June 12, 2024 by Francis Abel

The Nigerian government has pledged to surpass the $5 billion initial capital base target for the Africa Energy Bank, contingent upon the bank establishing its headquarters in Nigeria. This commitment was articulated by Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), during a dinner event for heads of mission from member states of the … Read more