Tag: OVH Energy

NNPC Ltd Acquires 380 Oando Stations, Other Assets Nationwide

ADEOLA YUSUF

Why we acquired OVH downstream assets including reception jetty (ASPM) with 240,000 metric tons monthly capacity, eight Liquefied Petroleum Gas (LPG) plants, three lubes blending plants, three aviation depots, and 12 warehouses – Kyari   The Nigerian National Petroleum Company Limited (NNPCL) has acquired all 380 Oando retail outlets, aviation and gas brands nationwide from OVH Energy. Speaking at the unveiling of one of the new NNPC Ltd stations formerly Oando in Abuja on Saturday, the Group Chief Executive Officer NNPC Limited, Mele Kyari, said, “The acquisition will bring over…

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Nigeria Mulls Surge of 20% Share In African Lube Market

ADEOLA YUSUF

OVH Energy Marketing joins conversations on eradication of substandard lubricants in Nigeria Nigeria’s Lubricant market currently accounts for about 20% of Africa’s total lubricant demand and the country is planning to surge this share theough the adoption of innovative technological advancements, favorable regulations, increased stakeholder collaborations, and consumer education. Platforms Africa reports that stakeholders and participants at the virtual 2022 Nigeria edition of the International Lubricants Conference (ILC) who said this, shared insights on global trends as well as practical suggestions to improve the state of the industry. READ ALSO:…

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