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Hope rises for global shipping as French vessel sails through Hormuz
Frank Okon A container ship linked to French shipping giant CMA CGM has reportedly become the first Western European-affiliated vessel to transit the Strait of Hormuz since the start of the Iran war, signaling a tentative return of commercial traffic…
Adeleye Falade takes ’s CEO’s seat at NLNG
Sopuruchi Onwuka Mr Adeleye Falade, an engineer, has officially assumed office as the Managing Director and Chief Executive Officer of NLNG. In a statement issued to Oracle Intelligence in Lagos, the company’s spokesperson, Dr Sophia Horsfall, said Falade took up…
Chevron’s Noble takes FID on E. Guinea’s Aseng gas monetization project
Sopuruchi Onwuka Local affiliate of Chevron in Equatorial Guinea, Noble Energy EG Limited says that Chevron has penned Final Investment Decision (FID) on the country’s Aseng Gas Monetization Project. The FID, according to a statement from Chevron’s Mid-Africa office in…
Capacity deficits that stall Nigeria’s energy export boom
By Sopuruchi Onwuka Expectations that Nigeria and other African oil and gas producers would benefit from rising global energy prices are facing a reality check. Capacity limits and delayed projects are holding back the gains many had predicted. The ongoing…
Oil prices climb to $117/bbl as US softens on Strait of Hormuz
Ziggy Ojiegbe Oil prices held near session highs on Tuesday after President Donald Trump indicated walking back from forcing open the Strait of Hormuz and demanded estranged allies to find their way out of the Hormuz impasse or buy America…
S. Africa partners AOW:Energy to advance upstream investment drive
Sopuruchi Onwuka The Republic of South Africa is partnering with AOW:Energy on what is shaping up to be one of the most compelling upstream investment showcases of 2026, reinforcing a long-standing relationship between the country and the conference platform. Originally…
WIEN calls for structural reform to unlock women’s potential in energy sector
Sopuruchi Onwuka Female professionals, advocacy groups and women-led enterprises in Nigeria’s energy industry have raised concerns over low patronage from government and operating companies, despite growing opportunities in the global energy market. The leading advocacy group promoting gender equity and…
NNPC rebuilding corporate culture, shopping partners before future IPO __Ojulari
Sopuruchi Onwuka Nigeran National Petroleum Company (NNPC) Limited has declared that it is currently placing internal reform at the center of its transformation drive, with secondary objectives focused on plugging capacity gaps with private partnerships while exploring low-cost funding. Oracle…
NCDMB pledges support as Esso, LADOL team on shorebase facility
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to deepen collaboration with LADOL and Esso Exploration and Production Nigeria Limited (EEPNL) to develop facilities and capabilities that will position Nigeria as a key hub…
Moniepoint acquires controlling stake in Kenyan microfinance bank
Ziggy Ojiegbe Nigerian digital payments firm Moniepoint has acquired a 78% stake in Sumac, a Kenyan microfinance bank, as part of its rapid expansion across Africa’s financial services sector. Over the past five years, Moniepoint has evolved from a technology…
