Oracle Intelligence

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Month: April 2026

Energy

AOW:Energy: NAPE chieftain tasks independent companies on exploration

Sopuruchi Onwuka Former President of the Nigerian Association of Petroleum Explorationists (NAPE), Mr JohnBosco Uche, has declared that delivery of Nigeria’s oil and gas production growth is primarily based on exploration capabilities of indigenous operating companies currently taking position in…

Business Energy International News

Iran war: EIA predicts Q2 average oil price of $115

Ziggy Ojiegbe The US Energy Information Administration (EIA) projects that Brent crude prices will climb to $115 per barrel in the second quarter of 2026, up from an average of $103 per barrel in March, reflecting a sharp tightening in…

NCDMB to share Tony Attah’s insights on funding local content initiatives

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has announced that Engr. Tony Attah, Managing Director of Renaissance Africa Energy Company Limited, will be the guest speaker at the next edition of the Nigerian Content Academy Lecture Series….

NCDMB to feature Dr Peterside’s crisis management strategies at book reading session

Sopuruchi Onnwuka The Nigerian Content Development and Monitoring Board (NCDMB) will host the fourth edition of its Quarterly Book Reading Programme, providing a platform for Dr. Dakuku Peterside, former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA),…

Conflicts and Wars Diplomacy Energy International News Security

Russia, China veto UN resolution on reopening Strait of Hormuz

Ziggy Ojiegbe Despite the biting global fuel supply squeeze, Russia and China vetoed a United Nations Security Council resolution aimed at reopening the Strait of Hormuz, a critical maritime chokepoint that carries about a fifth of the world’s oil. Oracle…

Business Energy

Eight OPEC+ producers adjust output, pledge market stability

Frank Okon The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 April 2026, to review global market conditions and…

Iran chases back Qatar’s LNG vessels from Strait of Hormuz

Ziggy Ojiegbe Tensions in the Persian Gulf are beginning to disrupt global energy flows, as Iran tightens its grip on key shipping routes. Two liquefied natural gas carriers — the Al Daayen and Rasheeda — have turned back toward Qatar…

Business Entertainment International News Travel & Hospitality

UK bans Kanye West over hate speech against Jews

Sopuruchi Onwuka Kanye West has been barred from entering the United Kingdom, a sweeping government move that reflects the escalating consequences of years of antisemitic rhetoric and controversy surrounding the artist. British officials denied West’s travel authorization, concluding that his…

Business Commerce and Industry Economy Energy

UN exploring scalable solutions Africa’s food, energy security challenges

NNPC supporting refineries meet Africa’s fuel demand Sopuruchi Onwuka The Deputy Secretary-General of the United Nations, Amina Mohammed, has declared intention of the global body to prioritize scalable solutions for mitigating Africa’s food crisis. Ms Mohammed who led a delegation…

Iran’s new Ayatollah in critical condition as predecessor’s funeral gets underway

Frank Okon A newly surfaced intelligence assessment has raised fresh uncertainty over leadership inside Iran, claiming that Supreme Leader Mojtaba Khamenei is incapacitated and unable to govern as the country faces mounting military and political pressure. According to a diplomatic…