KEY POINTS Oando Energy Resources has reaffirmed its support for Nigeria’s indigenous oil producers as local firms continue to take on a greater role in the country’s upstream sector. The …
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Aradel
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KEY POINTS Oando Energy Resources has reaffirmed its commitment to Nigeria’s indigenous upstream oil and gas sector, following a strategic visit by Adegbite Falade, Chairman of the Independent Petroleum Producers …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission has supervised the official transfer of the OLO Oilfield Host Community Development Trust from TotalEnergies Marketing Nigeria Plc to Aradel Holdings, marking …
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KEY POINTS Aradel Holdings Plc has been named Best Full-Field Integrated Operator at the 9th edition of the Nigeria International Energy Summit (NIES 2026), an industry platform hosted by the …
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KEY POINTS The Nigerian oil and gas sector has rebounded sharply on the Nigerian Exchange in 2026, climbing more than 31% year-to-date. This performance has outpaced the industrial goods sector, …
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KEY POINTS Aradel Holdings Plc, the Nigerian energy group led by Chief Executive Officer Adegbite Falade, has secured a $250 million financing facility from South Africa’s Standard Bank Group to …
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In the NewsMarketsOil & Gas
NMDPRA Seeks $50bn Private Investment to Deepen Nigeria’s Midstream Petroleum Capacity
KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has asked private investors to put between $30 billion and $50 billion into Nigeria’s midstream petroleum sector. They say …
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Oil & Gas
Nigeria’s Top Indigenous Oil Firms Post Strongest Output Gains in Years Despite Price Slump
KEY POINTS The largest domestic oil producers in Nigeria have made a remarkable production resurgence, posting some of their highest output figures in years despite declining world prices. In the …