Oracle Intelligence

Online newspaper platform

Business

TotalEnergies puts Ubeta, Perowei projects on the table

Sopuruchi Onwuka French multinational oil major, TotalEnergies, will activate two main projects in the year; putting the Ubeta gas project and the Perowei deepwater development in focus. To fast track the project, the Executive Secretary of the Nigerian Content Development…

Kyari decries theft, vandalism as threats to Nigeria’s energy sufficiency

Sopuruchi Onwuka The Nigerian National Petroleum Company Limited has tasked educational institutions in the country to join forces with the petroleum industry in evolving solutions to challenges that threaten the nation’s energy security. The Group Chief Executive Officer, Mallam Mele…

Shell cashes out from SPDC JV with $2.4 bn

Sopuruchi Onwuka Shell has finally pulled a foot from the Nigerian conventional petroleum play after selling off the combined interest of multinational private entities in the NNPC/Shell/TotalEnergies/Eni exploration and production Joint venture for a total of $2.4 billion. Shell stated…

Iran seizes oil tanker in Gulf of Oman

Sopuruchi Onwuka Iran declared on Thursday that its navy seized an oil tanker in the waters between Iran and Oman, according to foreign media sources. Iran’s state-run news agency IRNA confirming the seizure after the United Kingdom Maritime Trade Operations…

Jim Swartz picks the reins at Chevron Nigeria

American oil multinational, Chevron Corporation, has a designated Jim Swartz the new Chairman and Managing Director to oversee it its business interests in Nigeria. Chevron Nigeria Limited which operates a joint venture between the Nigerian National Petroleum Company Limited stated…

NCDMB proffers deepened collaboration with NUPRC, NIACOM

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB is seeking robust collaboration among government agencies in realizing the prime economic aspirations in the Nigerian petroleum industry, insurance and other linkage sectors. Executive Secretary, Engr. Felix Omatsola Ogbe, who…

Nigerdock hosts UNIDO, NIPC delegations to foster investment and technology partnerships

Nigerdock, a leading Nigerian maritime and logistics company and promoter of Snake Island Integrated Free Zone (SIIFZ), recently hosted a delegation from the United Nations Industrial Development Organization (UNIDO) as part of efforts to drive the development of sustainable foreign…

NNPC Ltd. wins Whistler’s Transparency, Innovation Award

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has won this year’s The Whistler Newspaper’s Award for Transparency and Innovation. The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari received the award from the Executive Governor of…

Seplat Energy earns SERAS Africa’s Award for Education Intervention

Seplat Energy Plc, a leading Nigerian independent energy company listed on the Nigerian Exchange Limited and the London Stock Exchange, has emerged winner of the Sustainability, Enterprise and Responsibility Awards (SERAS) Africa’s Education Intervention category for 2023. The SERAS Africa…

Chevron Nigeria Limited restates commitment to Nigeria.

Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL is aware of a misleading media report alleging that CNL has snubbed Nigeria in terms of investment prospects in 2024. Please…