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UAE hits back at Iran with targeted economic measures
Ziggy Ojiegbe The United Arab Emirates has launched a quiet but decisive economic response to repeated Iranian attacks on its industrial infrastructure, banning most Iranians from entering the country or transiting its airports while cracking down on networks linked to…
OPEC+ considers output boost as Hormuz impasse traps market supply
Sopuruchi Onwuka, with agency reports Organization of Petroleum Exporting Countries and its non-member allies (OPEC+) are expected to weigh another modest increase in oil production this weekend, even as the ongoing U.S.-Israeli war with Iran keeps the Strait of Hormuz…
UN urges accelerated energy transition amid Strait of Hormuz crisis
The ongoing crisis in the Middle East is intensifying calls from the United Nations for a faster global shift to renewable energy, as disruptions to fossil fuel supplies expose the vulnerability of nations reliant on oil and gas from conflict-prone…
US EXIM approves over $2 bn US LNG supply to Egypt
Ziggy Ojiegbe The Export-Import Bank of the United States has approved more than $2 billion in financing support for U.S. liquefied natural gas exports to Egypt, in a move aimed at expanding American energy reach and strengthening strategic trade ties….
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…
