Oracle Intelligence

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Year: 2026

Transocean expanding to 73-rig $17 bn behemoth with Valaris merger

Ziggy Ojiegbe Transocean is set to reshape the offshore drilling landscape with a transformative acquisition that will create one of the largest contractors in the sector. Transocean has agreed to acquire Valaris in an all-stock deal valued at approximately $5.8…

Saudi Aramco leads oil majors with 52 years reserves life

Ziggy Ojiegbe Saudi Aramco stands in a league of its own when it comes to reserve strength, highlighting a growing divide between national oil companies and Western majors struggling to replenish what they produce. Shell’s 2025 results have amplified those…

Consumers anxious as Dangote Refinery improves efficiency, leads price hikes

“Oracle Intelligence reports that the Nigerian specification for the premium motor spirit (pms) locally called petrol or gasoline is benchmarked on Afri-V, the equivalent of Euro-IV specification. But the Dangote Refinery pumps out Euro-V or the equivalent of Afri-VI which…

Women are central to Africa’s energy future – WIEN President

Sopuruchi Onwuka Africa’s leading gender equity advocate, the Women in Energy Network (WIEN), has called on investors, regulators, and policy leaders in the energy industry to recognize women professionals as credible and essential partners in securing Africa’s energy future. Speaking…

Business Conflicts and Wars Diplomacy Economy Energy International Business

US oil sanctions hit hard on Cuba

Airline refuels halted, citizens cook with coal Sopuruchi Onwuka, with agency reports Cuba is facing a deepening energy crisis that has disrupted aviation, strained public services and intensified economic hardship, as tightened US oil sanctions sharply curtail the island’s access…

Renewed global interest, AEB to boost Nigeria’s petroleum investment — Eyesan

Africa accounts for $50bn of $520 global petroleum investments in 2026 Sopuruchi Onwuka The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has said renewed global interest in Africa’s hydrocarbons, combined with stronger financing structures,…

NCDMB demands collaboration on African local content policy

Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, FNSE, has emphasized that collaboration remains the most critical factor in achieving effective local content policy implementation across Africa’s energy sector. Speaking…

SAIPEC 2026: PETAN pledges collaborative, African-led energy development

Sopuruchi Onwuka Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has reaffirmed the association’s commitment to working with all stakeholders to build a resilient, inclusive, and sustainable energy industry that delivers prosperity for Africans and value…

Coroner to deliver findings in case of British woman shot by father

A coroner is expected to deliver conclusions on Wednesday following intense legal arguments over the death of a British woman who was shot dead by her father while visiting him in the United States. Lucy Harrison, 23, from Warrington in…

UNICEF warns of surge in AI-generated sexualized images of children

1.2 m children report sexualized deepfake of their images Sopuruchi Onwuka The UN Children’s Fund (UNICEF) has warned of a sharp rise in the use of artificial intelligence to create sexualized images of children, citing new evidence that shows widespread…