Oracle Intelligence

Online newspaper platform

Business

IMO reworking net-zero framework for easy adoption

Proposed delay in the implementation of the Net-Zero Framework (NZF) by the International Maritime Organization’s (IMO) will give member states time to refine ambiguous or contentious elements to produce a stronger, more implementable framework for marine transport. According to analysis…

Petroleum industry converges for OTL Africa Downstream Energy Week

WIEN takes exhibition booth to engage Sopuruchi Onwuka As the last quarter industry debates continue to shape agenda for the next year, players in the midstream and downstream segments of the energy sector are prepared to engage policy drivers and…

AOW:Energy celebrates record shattering debut in Ghana

Nigeria-led AFRIPERF Charter tops conference feats Sopuruchi Onwuka With 25 governments, African Union, Africa Petroleum Producers Organization (APPO), international environmental advocacy groups and other multilateral organizations engaging and shaping policies at the 2025 Africa Oil Week in Ghana, the organizers…

Chevron reaffirms commitment to Nigeria’s energy future

Sopuruchi Onwuka Chevron Nigeria Limited has assured the federal government of its commitment to realizing the country’s key aspirations in the petroleum industry, stating that its businesses in Nigeria have been modified to align with the Decade of Gas and…

Shell demands infrastructure, policy stability for gas investments

Sopuruchi Onwuka Nigerian affiliates of Shell have called on the government to provide the necessary infrastructure and supportive policies that form the base support for commercial investments in the country’s gas industry. The company’s delegates at the third Gas Investment…

Ambiguous Presidential directives create systemic problems –Nwapa

Sopuruchi Onwuka Former Executive Secretary of the Nigerian Content Development and Monitoring Board (MCDMB), Dr Ernest Nwapa, has declared that observed ambiguities in the Presidential Directives have created systemic problems that require institutional adjustments to address. Nwapa who delivered a…

Business Economy Energy

Ambiguous Presidential directives create systemic problems –Nwapa

Sopuruchi Onwuka Former Executive Secretary of the Nigerian Content Development and Monitoring Board (MCDMB), Dr Ernest Nwapa, has declared that observed ambiguities in the Presidential Directives have created systemic problems that require institutional adjustments to address. Nwapa who delivered a…

IEA sees huge global oil market oversupply

Market watchdog providing advisory for industrialized European and American countries, the International Energy Agency (IEA) has predicted supply glut in the global oil market in the last quarter of the year and 2026. The agency which services the interest of…

NUPRC declares N373 bn for HCDTs, 536 Host Community projects

Sopuruchi Onwuka Government’s intervention in development of petroleum industry host communities have continued to generate greater dividends for the people as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) declares that the Host Community Development Trusts (HCDT) managing industry intervention in…

NCDMB, development banks update players on NCDF finance cycle

The Nigerian Content Development and Monitoring Board (NCDMB) is engaging players in the Nigerian petroleum sector with clear explanations on enhanced innovations in the management of the Nigerian Content Development Fund (NCDF) designated for facilitating project delivery in the local…