Dangote Enhances Oil Import Capabilities with New Storage Tanks in Africa

Dangote Enhances Oil Import Capabilities with New Storage Tanks in Africa
8 hours ago

In a strategic move aimed at bolstering the oil import infrastructure in Africa, Nigerian billionaire Aliko Dangote's company is set to construct additional tanks for the storage of imported petroleum products. This ambitious project continues to highlight the increasing demand for oil and gas resources across the African continent, particularly as economies recover and grow.

Continue reading
Dangote's Nigerian Oil Plant Secures US Crude for First Time in Three Months

Dangote's Nigerian Oil Plant Secures US Crude for First Time in Three Months
2 months ago

In a significant development for Nigeria's oil market, the Dangote Oil Refinery has made its first purchase of U.S. crude oil in three months, signaling a potential shift in import strategies and highlighting the dynamism of the global oil trade. This procurement marks a pivotal moment for Nigeria, a country richly endowed with natural resources yet often reliant on foreign oil to meet its domestic refining needs.

Continue reading