Oracle Intelligence

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Month: May 2024

Platform Petroleum declares $bn expansion plans

Sopuruchi Onwuka Platform Petroleum says the company is targeting a billion-dollar investment as it announces an ambitious strategic plan to bring three marginal fields into production by 2025. The new developments would add significant 10,000 barrels of oil and at…

Village helpless as bandits kidnap 160 in twin attacks

Sopuruchi Onwuka It was a tale of hopeless tragedy in the Kuchi community in Niger State weekend when gunmen launched twin attacks unchallenged and spent several hours pillaging the villagers and kidnapping some 160 of them. The incident happened in…

NCDMB lauds SNEPCO, Bayelsa Govt on NDU  digital library

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended Shell Nigeria Exploration and Production Company (SNEPCo) and the Bayelsa State Government on the completion and inauguration of a Learning Centre and Digital Library…

Platform Petroleum applauds PIA for transforming investment climate in Nigeria’s oil, gas sector

Platform Petroleum Limited has applauded the positive impact of the Petroleum Industry Act (PIA) on Nigeria’s oil and gas sector. Speaking during the “Investment Opportunities in Nigeria” panel session at the “Invest in Africa Energy 2024” conference held in Paris,…

Lokpobiri lauds Green Energy’s contribution to Nigeria’s energy sector at OTC 2024

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has applauded the development strides being made by Green Energy International Ltd, a leading Nigerian integrated energy company, describing the company as a shining example in the oil and…

SPE calls for collaborative efforts in addressing Nigeria’s energy sector challenges

The Society of Petroleum Engineers (SPE), Nigerian Council, has called for collaborative efforts in addressing the challenges and opportunities facing Nigeria’s energy sector. In a compelling address at the opening ceremony of the 2024 edition of Oloibiri Lecture Series and…

NNPC restores supply normalcy after Lagos depot fire

The Nigerian National Petroleum Company Limited (NNPC Ltd) has declared that the fire incident at a tank farm in Marine Beach, Apapa, Lagos, was at a depot belonging to HOGL Energy Ltd (Honeywell Depot), and not an NNPC Retail Ltd.’s…

Nigeria’s Adekeye leads APPO Training Directors

Sopuruchi Onwuka Nigeria’s Folashade Adekeye has emerged as the Chairperson, Forum of the Directors of Oil & Gas Training & Vocational Education Institutes of the African Petroleum Producers Organization (APPO). Adekeye, who is the Director, NNPC Academy, took over from…

Two bag jail terms EKEDC arraigns vandals, thieves

Sopuruchi Onwuka Eko Electricity Distribution Company (EKEDC) has intensified crackdown on vandals and thieves that thrive on line materials and equipment stolen from the company’s installations. According to the company, a certain Auta Simon has been convicted on the back…

NLNG operations not impacted by Gbarain Ubie gas plant explosion

Africa’s biggest gas liquefaction and export company, the Nigerian Liquefied Natural Gas (NLNG) Limited, has declared that its operations are not affected by the explosion reported at Shell operated processing plant at Gbarain Ubie. The Oracle Today had in its…