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The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 [1] in Lekki, ... This led to a hike in the product's price. [26]
Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.
The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. [2] It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$ 4.1 billion in 2017.
The single remaining refinery in Hawaii now also includes refining assets previously owned and operated as "Hawaii Refinery" by Chevron Corporation with up to 54,000 bbl/d (8,600 m 3 /d) in additional capacity. Chevron sold their Hawaii Refinery to newly formed Island Energy Services LLC in 2016, and IES sold the refining assets to Par Hawaii ...
The Dangote Refinery, expected to open during the fourth quarter of 2022 [30] will have a daily refining capacity of 650,000 barrels (103,000 m 3), increasing Nigeria's refining capacity to over 1,000,000 barrels (160,000 m 3) per day. [31]
Newsom’s new refinery rules underscore his administration’s agreement with Milder’s analysis: Gas price spikes happens when refineries undergo maintenance without adequate levels of ...
The Nigerian National Petroleum Company (NNPC) Limited is a state-owned oil company in Nigeria.Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022. [1]
Aliko Dangote (born 10 April 1957) is a Nigerian businessman and industrialist. He is the first man to build a private refinery in Nigeria. Forbes estimates his net worth at US$10.7 billion and Bloomberg Billionaires Index at $27.1 billion, and ranked 225th and 70th richest individual in the world respectively in 2025.