Oando, Others Drive For Research, Development As part of efforts to drive innovation and improve economic growth in Nigeria, Oando and its Joint Venture (JV) partners, Nigeria AGIP Oil Company (NAOC) and the Nigerian National Petroleum Corporation (NNPC) have called for improved priority on research...

Gwarzo’s Suspension: I cannot be blackmailed – Adeosun, …I am innocent- Gwarzo Finance Minister, Kemi Adeosun has said that she would not be intimidated by a lot of reactions trailing the suspension of the Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo. In...

Capital Market Scandal: Oando’s Inquiry by SEC Reveals Breach of ISA Act 2007- Investigations As the nation awaits the result of the Administrative Panel of Inquiry(API) set up by the Minister of Finance to look into allegations of financial impropriety levelled against the suspended Director...

The Senate has asked the Federal Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC) to halt further action on the planned concession of the Port Harcourt Refinery to AGIP and OANDO. The upper chamber also set up a seven-man investigative panel led...

Niger Delta Avengers, NDA, yesterday blew up the Nembe 1, 2 and 3 trunk line jointly operated by Agip, Oando and Shell Petroleum Development Company, SPDC, disrupting the supply of 300,000 barrels of crude per day to Bonny Export Terminal in Rivers State. Spokesperson of...

The Nigerian National Petroleum Corporation has increased the number of companies referred to as off-takers of the country’s crude oil from 21 to 27. Last December, the corporation announced the award of its 2016 crude oil term contracts to 21 companies comprising international refiners, trading...