Oracle Intelligence

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Year: 2025

IOC Divestment: NLNG diversifies feedgas supply with new GSAs

Sopuruchi Onwuka Following the divestment of its shareholders from oil and gas exploration and production joint ventures that traditionally guaranteed its feedgas, the Nigeria Liquefied Natural Gas (NLNG) Limited has begun diversification of feedstock supplies. Spokesperson, Dr Sophia Horsfall, declared…

Mainpower engages EERC on tariffs suspension

Mainpower Electricity Distribution Limited says it has formally petitioned the Enugu Electricity Regulatory Commission (EERC) over a tariff reduction order which took effect from August 1, 2025. In the petition, dated 14th August, 2025, the electricity supply company is demanding…

PETAN commends Shell on local content support

* Honours Adams with Excellence Award Sopuruchi Onwuka Nigeria’s indigenous petroleum industry services group, Petroleum Technology Association of Nigeria (PETAN), has commended Shell for supporting Nigerian content development. The Nigerian Content policy which is supported by the Nigerian Oil and…

Petroleum players lay proviso for new gas investments

Sopuruchi Onwuka Indigenous and foreign companies in the Nigerian petroleum industry have demanded enhanced operating environment that guarantees commercial returns on invested capital. The players who engaged with government’s agencies and regulators in a webinar on Thursday declared urgent need…

Trump volunteers in Ukraine’s security guarantee

President Donald Trump of the United States has declared his country’s willingness to participate in providing future security guarantee for Ukraine which is currently crumbling under heavy Russian military campaign that has so defied mediation. President Trump who has held…

Ukrainian sniper kills 2 Russian soldiers with a bullet in world’s longest shot

A Ukrainian sniper has killed two Russian soldiers with a single bullet from a distance of 2.5 miles (4,000m), in what is believed to be a record for the longest shot by a marksman, a British journal reported Monday. The…

Arrested Jamaican officer arrested by Trump’s ICE volunteer to leave US

Officer Jon Luke Evans, a Jamaican who worked for the Old Orchard Beach Police Department in the United States would now be heading home after the U.S. Immigration and Customs Enforcement (ICE) mopped him up in part of the raids…

SEPLAT bursts into DomLPG play, hits market with 12,600 MT

Expects 283,000 tons per day from ANOH and Sapele in Q4 Sopuruchi Onwuka Leading indigenous energy company, Seplat, is bringing home the long awaited benefits from the shallow water assets previously operated by ExxonMobil in Nigeria, loading from the Bonny…

ExxonMobil earns NAPE Corporate Impact Award for Research & Development

ExxonMobil in Nigeria has been honored with the Corporate Impact Award for Research & Development at the Nigerian Association of Petroleum Explorationists (NAPE) 50 Golden Jubilee Awards, held at Eko Hotel & Suites, Lagos. The award was presented by Johnbosco…

NNPC/Sahara JV boosts LPG fleet with 40,000 CBM Vessel

Sopuruchi Onwuka WAGL Energy Limited, the special purpose entity for an NNPC Ltd. /Sahara Group Joint Venture, on Monday commissioned 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel, christened “MT Iyaloja (Lagos),” in Ulsan, South Korea. According to a…