Nigeria's Oando said on Monday that it has delayed the completion of its $1.79 billion deal to buy Conocophillips' Nigerian assets by two months to January. Oando has been seeking equity and bank loan funding for the deal and to finance its transition from a marketer of refined petroleum products into an upstream business focused on oil and gas exploration and production. The deal to acquire ...
Read the rest of the story on Yahoo Nigerian News
Added December 03, 2013
from Yahoo Nigerian News