Search

Dangote Refinery Accuses International Oil Companies of Sabotage

Breaking News
© Allen Dreyfus
  • Dangote Oil Refinery alleges IOCs are inflating local crude prices, forcing imports
  • IOCs accused of undermining Nigeria’s self-sufficiency in refined petroleum products.

 

Lagos, Nigeria – The management of Dangote Oil Refinery and Petrochemicals Ltd has accused international oil companies (IOCs) operating in Nigeria of frustrating the plant’s operations, by inflating the price of local crude oil above market rates.

Recent Business

Barrels of oil. Photo by Atik sulianami @ Unsplash
Benin targets offshore oil restart as Sèmè field nears production comeback
Read More »
Pile of gold bullion coins and bars. Photo @Unsplash
Africa turns to gold as central banks rethink reserves
Read More »
Commercial transport waiting spot in Sierra Leone. Photo by Random Institute @ Unsplash
AfDB–OPEC Fund pact unlocks up to $2bn for Africa’s poorest economies
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights