Dorothy Tillman: Why Tinubu must remove age limit to youth development
Sopuruchi Onwuka The remarkable achievements of Chicago’s Dorothy Jean Tillman, who recently became the youngest person in the world to earn a Ph.D. at the age of 17, offer a compelling argument for dismantling the various age, religious, and ethnic…
Industrial sector grows 1.34% percent to 3.53% in Q2
Sopuruchi Onwuka The Industrial sector of the Nigerian economy grew by 1.34 percent from the first quarter of the year to Second quarter, indicating a positive trend that that is yet to be felt in the markets where inflation continues…
NSML’s training centre accredited for UK MCA courses.
Sopuruchi Onwuka NLNG Shipping and Marine Services Limited’s (NSML’s) Maritime Centre of Excellence (MCOE) has become Africa’s first to receive the highly desired accreditation from the UK Maritime and Coastguard Agency (UK MCA). This historic achievement allows the MCOE to…
Offshore petroleum players to spend over $250bn on 2025
Sopuruchi Onwuka Logistics and oilfield services providers in the global offshore energy operations have cheery news as operators’ investment in the terrain will continue to grow by annual 5 percent; reaching a stunning $250 billion next year. According to advisory…
Unilag yanked from grid over unpaid N1.034bn debt __EKEDC
Sopuruchi Onwuka The Eko Electricity Distribution Company (EKEDC) has declared that the University of Lagos was disconnected from its distribution systems due to lingering billion Naira debt. General Manager in charge Corporate Communications and Strategy at Eko Disco, Babatunde Lasaki,…
AMCON to auction non viable IBEDC to new investors
Sopuruchi Onwuka The Assets Management Corporation of Nigeria (AMCON) has declared intention to auction off the Ibadan Electricity Distribution Company (IBEDC) to a new set of investor to make its operations more viable. AMCON had in January 2022 taken the…
NNPC, NIPCO commission Lekki Power Plant, gas reticulation
Sopuruchi Onwuka Ancient partners in virtual gas supply to unconnected domestic market zones in the country, NIPCO Plc and the Nigerian National Petroleum Company (NNPC) Limited, have announced further expansion of gas distribution to the Lekki Free Trade Zone (FTZ)…
Domgas race: TotalEnergies, Amni to stake $1bn in Ima gas development
Sopuruchi Onwuka French oil multinational with substantial interests in Nigeria, TotalEnergies, has committed to stake princely billion dollars in the development of gas reserves in Amni operated Ima field offshore Niger Delta. According tom hints available to The Oracle Today,…
ExxonMobil’s outlook debunks imminent energy transition predictions
Insists on sustained oil demand till 2050 Sopuruchi Onwuka Frontline global energy company, ExxonMobil, holds strongly that energy transition from fossil fuels may not be very imminent as touted by some industry analysts; pointing at indications that suggest that actual…
Offshore wind installations to surpass 520 GW global capacity by 2040
Sopuruchi Onwuka Offshore installations for wins power will be responsible for significant 520 gigawatts of electricity generation in the next 16 year, according to industry advisory firm, Rystad Energy. In an industry outlook emailed to The Oracle Today, Rystad stated…
