Oando plc | Doowe Gas

Oando announces divestment of its residual 25% interest in Axxela Ltd

Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, today announced that it has divested its residual 25% interest in Axxela Limited (held through Glover Gas...

April 18, 2019

Uncategorized

Nigerian Oil Company Oando Under Probe By Nigeria’s Securities and Exchange Commission

Nigeria’s Securities and Exchange Commission (SEC) is probing Oando, an oil company owned and run by Wale Tinubu, a cousin of former Governor Bola Tinubu of Lagos State. Mr. Bola Tinubu, the national of the All Progressives Party (APC), is...

July 15, 2017

Green Post

NUPENG warns government over Port-Harcourt refinery

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed worry over the recent Memorandum of Understanding (MOU) entered into by the Federal Government and Oando Plc management. The government agreed to allow the oil firm manage Port...

May 28, 2017

Green Post

BPE Oblivious of Agip/Oando Planned Concession of P’Harcourt Refinery

The Bureau of Public Enterprises (BPE) is ignorant of the proposed rehabilitation and operation under a concession arrangement of the 210,000 barrels per day (bpd) Port Harcourt Refinery by oil firms – Nigeria Agip Oil Company (NAOC) and Oando Plc,...

May 24, 2017