Dangote Refinery Adjusts Ex-Depot Prices Upward for Petrol and Diesel

Dangote Petroleum Refinery has announced an upward adjustment in its ex-depot prices for petroleum products. Effective immediately, the price of Premium Motor Spirit (petrol) has risen to ₦1,275 per litre, while Automotive Gas Oil (diesel) has increased to ₦1,950 per litre. This revision reflects ongoing volatility in international crude oil markets and associated external pressures…

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Roman Abramovich Prepares Legal Challenge Against UK Government Over Frozen Chelsea Sale Proceeds

Roman Abramovich, the former owner of Chelsea Football Club, is preparing to initiate legal proceedings against the United Kingdom government in an effort to access approximately €2.3 billion in proceeds from the club’s sale in 2022. These funds have remained frozen in British bank accounts due to ongoing sanctions and disputes arising from Russia’s invasion…

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NNPC Ltd Introduces New Cawthorne Crude Grade with Maiden Export of 950,000 Barrels to the Netherlands

The Nigerian National Petroleum Company Limited (NNPC Ltd) has introduced a new crude oil grade known as Cawthorne, marking a significant development in the country’s petroleum sector. This light, sweet crude blend, characterized by an API gravity of 36.4, is designed to enhance Nigeria’s overall crude oil production and diversify its export offerings in the…

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