Oracle Intelligence

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Month: January 2025

NIES 2025 to showcase deals, players shaping energy future

Sopuruchi Onwuka The Nigeria International Energy Summit (NIES 2025) is set to deliver an unforgettable experience with “Conversations with Energy Signature & Transaction Deal of the Year Winners,” a groundbreaking session that promises to be one of the most captivating…

Fragile peace as Israel, Hamas swap hostages

Sopuruchi Onwuka, with agency reports  It was a mix of celebration and tears on Sunday as Hamas freed three female Israeli hostages, in exchange for 90 Palestinian prisoners under ceasefire to suspend the 15 months of war that has spread…

Dangote Refinery pledges price cushion for domestic fuel market

Sopuruchi Onwuka  Nigeria’s largest private fuel producer, Dangote Petroleum Refinery, has pledged to continue providing price cushion for the domestic market despite the prevailing volatility in the international prices of crude oil. The company stated at the weekend that it…

Cost-effective financing propels ongoing revamp of depots, pipelines — Soneye

The Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, has stated that the company has commenced rehabilitation of pipelines and depots to strengthen the country’s energy infrastructure for long term benefits. He stated…

NMDPRA says govt policies transform Nigeria into regional oil hub

Sopuruchi Onwuka The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured that fiscal and operating strategies guiding then petroleum industry are course to transform the country into continental energy powerhouse. Authority Chief Executive, Engr Ahmed Farouk, who spoke…

Board appoints Adeosun as new boss at Eterna Plc

Sopuruchi Onwuka The Board of Directors of has appointed Mr. Olumide Adeosun as the new Managing Director and Chief Executive Officer of Eterna Plc. According to a statement issued on Thursday by David Edet, the Company’s Secretary/Legal Adviser, the appointment…

Chief S.L. Edu Memorial Lecture: Chevron commits to climate action, conservation

Chevron Nigeria has restated its commitment to continuous investment in reducing carbon intensity and expanding lower-carbon businesses. The company declared at the 23rd Memorial Lecture honoring late Chief S.L Edu in Lagos that th commitment is part of its measures…

Iran pushed Hamas into war; Israel’s response brings reality to Middle East

Four hundred and sixty-six days since Hamas fighters massacred over 1,000 Israelis and kidnapped hundreds more, the guns may finally be falling silent. Faces of death: HAMAS launched a peacetime attack that sparked off a deadly war

China leads plans to build space based solar power station

Sopuruchi Onwuka, with agency reports As the race to locate more facilities in the orbit gets intense, China has begun working on plans to be the first to take a space for its gargantuan orbital solar farm that would harness…

Eni awards 30 post graduate scholarship to Nigerian graduates

Sopuruchi Onwuka Some 30 Nigerian varsity graduates will now proceed with post graduate studies in various disciplines in Nigeria and overseas under the patronage of Italian oil multinational, Eni, whose local subsidiary, the Nigerian Agip Exploration Limited (NAE), awarded the…