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From NIPA accounts: Figure 1: Petroleum and petroleum product exports (blue), imports (red), both in bn.$, SAAR. Source: BEA. For the balance in physical units of crude oil, here’s...
• Dangote refinery hits 106% production capacity in September •Nigeria supplies 80.4% of feedstock intake by local facilities • Indigenous refiners get 618,000 bpd oil, down 9% •...
According to the group, rising petrol imports could undermine domestic refining, investment and foreign exchange conservation if approvals are granted without transparent evidence...
By Obas Esiedesa, Abuja ABUJA — Nigeria’s petrol imports rose to 20.6 million litres per day (ml/d) in August 2026, even as supply from domestic refineries increased to 29.7ml/d, l...
Says unexplained reversals in import policy increase uncertainty Dangote Refinery to block petrol importers over quality concerns Dike Onwuamaeze and Peter Uzoho The Centre for th...
Refiners exported 15.1 mt of refined products, such as diesel and jet fuel, during July to September in the current financial year
In letter to secretary, industry says importing OMCs may not be able to recover actual costs
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple oil marketers ahea...
Indian refiners supplies as much as 1 million barrels of gasoline in the last two months. The supplies essentially come from Vadinar refinery in Gujarat, operated by Nayara Energy,...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. Ni...
Moscow imported around $132 million worth of refined petroleum products last month, of which India supplied around 70% or roughly $92.50 million
Russian petrol stations are rationing fuel due to Ukrainian drone attacks on refineries. These strikes have disrupted domestic fuel supplies, causing shortages across the nation....
Reliance Industries Ltd's Jamnagar refinery in Gujarat supplied six of the seven cargoes unloaded at EU ports that month, despite the bloc's ban on fuel made from Russian crude
Nigeria imported an average of 78,000 barrels of petrol per day between April and August, even as the Dangote refinery exported its output to West Africa. Read More: https://punch...
India imported about 0.62 mt of LPG from the US in August, after bringing in 0.89 mt in July, OPEC said on Friday
Turkey increased its imports of diesel from the United States and India in August to record levels, shipping data showed, as a Russian ban on diesel exports and wider disruption ca...
India's total crude imports averaged about 5.3 million barrels a day in September, up roughly 600,000 barrels per day (bpd) from August and 700,000 barrels a day from a year earlie...
About 2,00,000 barrels per day of diesel (gasoil) transited the Bab-el-Mandeb in August on vessels bound for Europe, close to year-earlier levels after flows through the key shippi...
Egypt’s refinery runs increased by 7% in 2025-26 as Cairo pursues its goal of petroleum product self-sufficiency by 2030. Long-awaited upgra...
Egypt gas imports exceeded domestic production for the first time in July, as power plants burned record volumes of gas to meet the seasonal...
Turkey increased its imports of diesel from ‌the United States and India in August to record levels, shipping data showed, as a Russian ban on diesel exports and wider disruption...
Indian refiners supplied about 60 per cent of the diesel that transited the Bab-el-Mandeb in August on vessels bound for Europe
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