Oil
Oando production hits 42,985boepd as revenue grows 9% in nine months
CEII brief
Nigerian Tribune reported on 1 Nov 2026: Oando production hits 42,985boepd as revenue grows 9% in nine months.
Read the full story on Nigerian TribuneHe said production growth was supported by improved efficiency, higher facility uptime and lower operating costs across the company’s expanded upstream portfolio.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Nigerian Tribune. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
