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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…
Trade envoy pldges stronger UK-Nigeria economic ties
Sopuruchi Onwuka The UK Trade Envoy to Nigeria, Florence Eshalomi MP, has declared the commitment of the British government to supporting Nigerian businesses as they scale globally and to ensuring our partnership delivers real, inclusive impact. Ms Eshalomi who concluded…
Dangote Refinery: One Year, One Refinery, A Nation Transformed
[By Abiodun Alade] In just 12 months, the Dangote Petroleum Refinery has shifted Nigeria from fuel importer to regional energy supplier, stabilised its currency, slashed fuel costs, and sparked an industrial revival. As Africa’s largest refinery marks its first year…
Russia- China gas pipeline deal poses no immediate threat to Nigeria
Sopuruchi Onwuka The rising concern about the possible impact of the new deal between President Vladimir Putin and President Xi Jinping to develop a direct pipeline for shipping cheap Russian gas to China might not be totally unfounded; but it…
NNPC appoints Andy Odeh, Morenike Adewunmi external relations chiefs
Sopuruchi Onwuka Nigerian National Petroleum Company (NNPC) Limited has appointed two distinguished professionals to manage interface with external stakeholders, finally filling yawning gaps in its public affairs department after the departure of the erstwhile Chief Corporate Communications Officer of the…
Divestments: UN body indicts IOCs on remediation breaches
Sopuruchi Onwuka The lingering concerns about who takes eventual responsibility for decommissioning of production facilities and remediation of oilfield environments have reached global arbitration despite earlier assurances that funding and roles have been resolved among deal parties. A panel of…
