KEY POINTS Oando Energy Resources, the upstream subsidiary of Oando PLC, has called for stronger collaboration among governments, regulators, oil and gas companies and host communities to unlock investment and …
Oando
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KEY POINTS The Nigerian equities market extended its losing streak to eight consecutive trading sessions on Thursday as investors continued to sell off shares in major companies, particularly Aradel Holdings …
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In the NewsMarketsOil & Gas
Oando Posts N127.8bn Operating Profit as Production Growth Drives H1 2026 Turnaround
KEY POINTS Oando Plc recorded a significant improvement in its financial performance in the first half of 2026, reversing a substantial operating loss reported an operating profit of N127.8 billion …
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KEY POINTS Oando, the Nigerian junior oil and gas company, has officially become the operator of Angola’s KON 13 Block, taking a 45% participating interest. The announcement was made by …
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In the NewsMarketsOil & Gas
Oando Signals Delay in 2025 Audited Financial Results Over Post-Acquisition Systems Integration
KEY POINTS Oando Plc has announced that it may be unable to publish its audited financial statements for the 2025 financial year by the March 31, 2026 regulatory deadline due …
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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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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 Residents of Omoku in Rivers State will now pay for electricity after Oando Energy Resources Nigeria Limited formally ended decades of free power supply inherited from the Nigerian …
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KEY POINTS After reversing billions of naira in previous asset impairments, Oando Plc managed to turn a small profit in the first half of 2025, concealing severe operational losses and …
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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 …