African local content policies must complement, not negate ACFTA vision
Nigerian oil independents are technically capable, but poorly funded Dr. Emmanuel Okoroafor, erudite and practiced, sits on the board of one of Nigeria’s fasted growing integrated energy companies, Hobark International Limited, as Executive Director. With over 30 years of vast…
Rising LNG demand forecast comes with oversupply risks _Woodmac
Sopuruchi Onwuka Global demand for cleaner energy and the recognition of natural gas as clean fossil fuel continue to present strong commercial incentives for greater investments in gas liquefaction; but experts point at looming danger of oversupply and consequent pull…
Dangote wants Africa to displace raw materials export with manufacturing
Marks Special Day at ongoing Intra-African Trade Fair in Algiers President of Dangote Industries Limited, Aliko Dangote, has called on Africans to adopt industrialisation, develop robust regional value chains and deepen intra-African trade to boost overall development across the continent….
Heirs Energies, WLF battle illiteracy in Rivers State
Sopuruchi Onwuka Leading indigenous integrated energy company, Heirs Energies Limited, has struck collaboration with the World Literacy Foundation (WLF) to launch the Sun Books Literacy Initiative in Rivers State, Nigeria. The initiative aims to directly benefit more than 500 pupils…
Now is best time to operate in Nigeria’s energy sector __Igiehon
Sopuruchi Onwuka Managing Director of Heirs Energies Limited, Mr Osa Igiehon, has declared that the operating environment for Nigerian petroleum industry has been enhanced with policy, fiscal and regulatory instruments that support efficient processes and optimum output. Mr Igiehon who…
Elon Musk in deal with Tesla board to grow capitalization to $8.5 trn
Underway to becoming tentative trillionaire Sopuruchi Onwuka, with agency reports American tech billionaire, Elon Musk, who is already the world’s richest person, is in deal with the board of troubled electric vehicle (EV) maker, Tesla, to focus on growing the…
WIEN advances panelists, speakers to GasTech 2025
Sopuruchi Onwuka Africa’s leading gender equity advocate and female capacity builder in the energy industry, Women In Energy Network (WIEN), will this month join global industry captains and innovators in shaping the future of play in the global gas industry….
Petrobras’ Staff dies after falling off vessel at ship yard
A supervisor with Petrobras lost his life on Wednesday after a platform collapsed while he was overseeing construction of the P-79 floating production, storage and offloading (FPSO) vessel at Hanwha Ocean’s yard on Geoje Island, South Korea. The deceased, a…
CORAN set to shape Africa’s refining agenda at 2025 Summit
Sopuruchi Onwuka The Crude Oil Refiners Association of Nigeria (CORAN) has announced the schedule to engage top leaders from government, industry, finance, and civil society to chart a new course for Africa’s refining future. The group which holds the CORAN…
Enugu crash: Dangote Industries vows legal action against unauthorized use of logos on trucks
Sopuruchi Onwuka Dangote Industries Limited (DIL) has stated intention to press legal action against third party logistics providers that use its brands on their vehicles without authorization. The company which made its statement available to Oracle Intelligence vowed to implement…
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