Oracle Intelligence

Online newspaper platform

Month: April 2025

Delta State partners Xenergi on Eco-Industrial Park development

The government of Delta State has struck collaboration with Africa’s foremost petroleum industry solutions provider, Xenergi Limited, to establish a robust infrastructure and facility base for development of the KGG Gas Eco-Industrial Park (KGIP). The collaboration, according to the partners,…

Ministers, officials endorse new book on local content, strategic communication

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and his Gas counterpart, Rt. Hon Ekperikpe Ekpo, have hailed the dexterity and courage of a management staff  of the Nigerian Content Development and Monitoring Board, NCDMB, Dr Obinna Ezeobi,…

NCDMB to end waivers for threaded pipes

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri  has directed the Nigerian Content Development and Monitoring Board (NCDMB) to stop issuing waivers for the importation of threaded pipes for use in the Nigerian oil and gas industry….

NCDMB pledges support for MT Group’s manufacturing plans

A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) which visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in a 15,000 tons per year valves…

NCDMB pledges congenial environment for indigenous firms

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix OmatsolaOgbe, has expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Limited, a consortium that concluded acquisition of onshore oil assets of Shell…

Jordan bans Muslim Brotherhood group

Jordan announced on Wednesday it was banning the activities of the Muslim Brotherhood, a transnational Islamist movement, accusing it of manufacturing and stockpiling weapons and planning to destabilise the kingdom. The move comes after authorities said they arrested 16 people,…

Palestinian Abbas blasts Hamas, demands release of Gaza hostages

President of Palestinian Authority,Mahmoud Abbas, has called on HAMAS terror group to accept truce conditions laid out by Israel and spare more Palestinian lives in the Gaza city where Israeli forces continue offensive in search of hostages. In a rebuke…

Muslim World League condemns Indian terror attack

The Muslim World League (MWL) on Wednesday condemned the “heinous” terror attack in Jammu and Kashmir’s Pahalgam in which over 25 people were killed and several others were injured. The statement issued by the MWL’s General Secretariat said, “The MWL…

Deepwater capacity: Is Chappal another rent seeker?

Sopuruchi Onwuka The ongoing business divestment programme that has beset the Nigerian upstream petroleum industry is throwing up a number of concerns over actualization of the prime national economic aspirations through deliberate positioning of capable Nigerian companies for eventual crew…

Will Ojulari, NNPC board resolve Nigeria’s downstream quandary?

Sopuruchi Onwuka The reconstitution of the board and management of the Nigerian national oil company after a series of reforms in the petroleum industry appears to set a formidable stage for the recovery of the domestic petroleum market from the…