In June 2023, Colombian exports amounted to US$3.986 billion, marking a 27.5% decline compared to June 2022, according to data from Dane and Dian. This decline was primarily due to a 38.9% drop in external sales from fuels and products of extractive industries. These exports accounted for 50.3% of the total value, followed by manufactures […]
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Dangote Refinery’s Crude Oil Allocation Rises as Nigeria Aims for Energy Independence
The Nigerian National Petroleum Company Limited has increased its crude oil allocation to the Dangote Petroleum Refinery over the past ten months. The refinery received 48.6 million barrels, starting with 3.4 million in December 2023 and reaching 5.6 million by September 2024. October 2024 expects delivery of 11.7 million barrels. As Africa’s largest refinery, Dangote […]