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Dangote Oil Refinery Commences Production

Dangote Petroleum Refinery, with 650,000 barrels per day, has commenced the production of refined petroleum products. The refinery received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited last week. The 650,000 barrels per day oil processing facility started operations in

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Angola Quits OPEC, Gives Reason

Angola, a leading African oil producer said it would leave the Organisation of Petroleum Exporting Countries (OPEC). Angola’s resolve to quit the oil cartel membership which regulates production quotas for member countries, is not unconnected with Saudi Arabia’s push, the leading OPEC oil producer, that the oil producers group should

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