Oracle Intelligence

Online newspaper platform

Economy

PENGASSAN demands immediate withdrawal of Tinubu’s Executive Order

Laments weakness of institutions to challenge hurtful Presidential orders Says Executive Order nullifies provisions of PIA Sopuruchi Onwuka Nigeria’s top petroleum industry workers union, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has called on President Bola…

NCDF: FG warns oil firms, contractors of non-compliance consequences

Defaulters deny themselves all regulatory support  Sopuruchi Onwuka Players in the upstream petroleum industry who fail to make mandatory legal payments into designated accounts of the Nigerian Content Development Fund (NCDF) might lose their entitlement to all regulatory support and…

Will NNPC-Sinopec IJV deliver broader economic recovery with refinery revamp?

Sopuruchi Onwuka The declaration early in the moth by the Nigerian National Petroleum Company (NNPC) Limited that it has devised a new approach to rehabilitation and restreaming of the Nation’s three refineries is indisputably the most awaited inflection point in…

WIEN wants women capacity integrated into upstream growth strategy

Sopuruchi Onwuka As Nigeria intensifies efforts to raise crude oil production and attract fresh upstream investment, the Women in Energy Network (WIEN) is calling for deliberate policy reforms to ensure women-led exploration, production, and oilfield service companies are not excluded…

SAIPEC 2026: Renaissance restates faith in African capability

Sopuruchi Onwuka Renaissance Africa Energy has reaffirmed its strategic commitment to delivering energy security, driving industrialization, and strengthening African capability across the oil and gas value chain. Managing Director and Chief Executive Officer of Renaissance, Tony Attah, declared that Africa’s…

Consumers anxious as Dangote Refinery improves efficiency, leads price hikes

“Oracle Intelligence reports that the Nigerian specification for the premium motor spirit (pms) locally called petrol or gasoline is benchmarked on Afri-V, the equivalent of Euro-IV specification. But the Dangote Refinery pumps out Euro-V or the equivalent of Afri-VI which…

Women are central to Africa’s energy future – WIEN President

Sopuruchi Onwuka Africa’s leading gender equity advocate, the Women in Energy Network (WIEN), has called on investors, regulators, and policy leaders in the energy industry to recognize women professionals as credible and essential partners in securing Africa’s energy future. Speaking…

Business Conflicts and Wars Diplomacy Economy Energy International Business

US oil sanctions hit hard on Cuba

Airline refuels halted, citizens cook with coal Sopuruchi Onwuka, with agency reports Cuba is facing a deepening energy crisis that has disrupted aviation, strained public services and intensified economic hardship, as tightened US oil sanctions sharply curtail the island’s access…

Renewed global interest, AEB to boost Nigeria’s petroleum investment — Eyesan

Africa accounts for $50bn of $520 global petroleum investments in 2026 Sopuruchi Onwuka The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has said renewed global interest in Africa’s hydrocarbons, combined with stronger financing structures,…

NCDMB demands collaboration on African local content policy

Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, FNSE, has emphasized that collaboration remains the most critical factor in achieving effective local content policy implementation across Africa’s energy sector. Speaking…