Oil majors have expressed frustration at Nigeria’s slow progress in approving asset sales in the country. There have been delays in approving acquisitions within the oil sector. ExxonMobil, on February
Tag "Oando"
The federal high court, Lagos division, has adjourned the hearing of the scheme of arrangement relating to the proposed acquisition of Oando’s minority shares. A scheme of arrangement is a
Heineken Lokpobiri, the minister of state for petroleum resources (oil), said the federal government is handling the divestment of international oil companies (IOCs) on a case-by-case basis. Lokpobiri, in an
Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, said the acquisition of OVH Energy raised the firm’s profit to N18.4 billion in the
Oando Plc says it has reached an agreement with Eni, on the acquisition of a 100 percent stake in its
The fire explosion at the Oando tank farm located in Ijora-Badiya area of Lagos is still on — 24 hours
An unidentified person died on Friday, when a petrol tanker, laden with fuel, burst into flames in front of Oando
OVH Energy Marketing Limited has retrenched 100 people in order to overcome the problem of salaries payment due to challenges
Adewale Tinubu, the group chief executive of Nigeria’s indigenous oil company, Oando PLC, joins Amin Nasser, CEO Saudi Aramco, and other international
A group of Oando shareholders has called on the company’s management to resolve its dispute with Ansbury Investments Incorporated, a
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