Oracle Intelligence

Online newspaper platform

Month: April 2022

China rejects cheap Russian oil over Western sanctions

Chinese state refiners are not extending oil deals with Russian suppliers despite the heavily discounted offers in apparent bid to avert Western sanctions, posting gloomy outlook for the Russian economy as its war lingers in Ukraine. The US banned Russian…

Ketanji Brown Jackson becomes US’ first black female Supreme Court judge

The United States’ Senate on Thursday voted 53-47 to confirm Judge Ketanji Brown Jackson the first black American female to sit on the bench of the Supreme Court. He confirmation enjoyed cross partisan approval as three Republican senators comprising Mitt…

US, NATO pledge accountability for Ukraine war crimes

The government of the United States has pledged to ensure accountability for the gruesome massacre of rural civilians by Russian soldiers in Bucha, Ukraine. The government of President Joe Biden also confirmed President Vladimir Putin of Russia war criminal, stating…

Sanctions take $3.6 bn toll on Russia’s March oil income

Russia said Tuesday that state revenue from energy sales in March was $3.6 billion less than it forecast, suggesting the Ukraine war and Western sanctions hit exports. The country’s oil and gas income sank by 38 percent in the month…

Genocide: Retreating Russian forces liter streets with massacred Ukrainian civilians

*Story contains sensitive images. Reader descretion is advised. Retreating Russian forces left behind undisguised victims of torture and rape whose dead bodies littered the Street of Bucha district, near the capital town of Kyiv which Russia has been unable to…

Germany seizes control of Gazprom unit

Germany will temporarily take control of a unit of Gazprom PJSC in the country as it seeks to safeguard security of gas supply, according to a Bloomberg report. Economy Minister, Robert Habeck, told agency sources that government would limit to…

Prices jump as Europe considers oil sanction against Russian

Saudi Arabia raises prices for customers across the globe, report says Prices of crude oil jumped on Monday rising by as much as 4% after European countries voiced intention to dump Russian oil and Saudi Arabia raised prices for some…

Why OPEC+ stuck to scheduled output for May

Sopuruchi Onwuka With unabated Russian oil exports going rogue and the United States pouring over 180 million barrels of crude into the oil market, a boost in the collective output of the coalition of the Organization of Petroleum Exporting Countries…

Helios partners Sojitz in propelling Axxela

Sopuruchi Onwuka Leading indigenous natural gas provider, Axxela Limited has earned an international partnership deal capable of utilizing imported capital to spread out larger gas supply facilities in Nigeria and West Africa. The company stated that the partnership agreement between…