Fuel scarcity: Oando, Duke oil appear before Reps denies importing adulterated petrol

Petroleum companies, Duke Oil and Oando Plc have denied their involvement in the importation of adulterated fuel, which hit the country recently. The companies appearing before the House of Representatives Committee on Petroleum Resources (Downstream) investigating the circumstances of the unhealthy situation, Wednesday, said their product met the required Nigerian specification. At the public hearing, […]

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Oando seeks approval to refurbish refineries

Mr. Wale Tinubu, the Managing Director, Oando Plc on Thursday said that the company would seek approval from the Federal Government for the refurbishment of one or two refineries. The Company’s facts behind the figures at the Nigerian Stock Exchange (NSE) in Lagos, show that refurbishment of the refineries would enable the country to end […]

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