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New collaboration with Elon Musk aims to make Israel global AI leader
Global technology entrepreneur Elon Musk is working toward a collaboration agreement with the State of Israel to advance artificial intelligence (AI) and autonomous vehicle technology, a move expected to strengthen Israel’s position as a global leader in the sector. According…
NCDMB flaunts funding, mentorship in 2025/2026 innovation challenge
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to supporting innovation in the oil and gas sector through funding, mentorship, and business development opportunities for participants in its 2025/2026 Research, Innovation and Technology Challenge….
Eyesan pledges transparency, efficiency at NUPRC
Sopuruchi Onwuka The new Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has pledged to entrench digitization, transparency, and operational efficiency as the cornerstone of her leadership. Mrs. Eyesan who held her first town…
EU’s stand-down on combustion engine ban signals boost for oil market
Sopuruchi Onwuka The European Union’s decision to soften its planned 2035 ban on new combustion-engine vehicles is being read by energy markets as a clear positive for oil producers, signaling a slower and less absolute transition away from fossil fuels…
$60 oil pose early test for Nigeria’s 2026 Budget
Sopuruchi Onwuka Global petroleum prices over the weekend offered little comfort that the oil price benchmark underpinning Nigeria’s 2026 budget will hold, raising fears of a repeat of the 2025 shortfall triggered by an unusually bearish market. Although fiscal planners…
Tinubu’s ₦58.18 trn budget targets growth, fiscal discipline after 2025 execution shortfalls
Wider fiscal deficits threaten heavier debt burden Sopuruchi Onwuka President Bola Tinubu on Tuesday presented the 2026 Appropriation Bill to a joint session of the National Assembly, outlining plans to consolidate economic reforms, accelerate growth, and strengthen fiscal discipline, while…
WIEN applauds Tinubu’s appointment of Oritsemeyiwa Eyesan as NUPRC Chief Executive
Ziggy Ojiegbe The Women in Energy Network (WIEN), a leading advocate for gender balance in energy sector leadership, has commended President Bola Ahmed Tinubu for appointing Oritsemeyiwa Eyesan as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In…
Petroleum regulators sacked over corruption allegations
By Sopuruchi Onwuka President Bola Ahmed Tinubu has removed the heads of Nigeria’s two key petroleum regulators, ordering the immediate exit of Engr Ahmed Farouk, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Engr Gbenga…
Ofuka calls for end to cocoa conflicts in Cross River
Ani Bassey Former Special Adviser to the Cross River State governor Senator Ben Ayade on Cocoa Development and Control Ntufam Dr. Oscar Ofuka, has appealed for an end to conflicts in the cocoa sector, urging parties to let God guide…
ELPS breach: WAPCo assures steady regional supply as NNPC deploys containment measures
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited says it has deployed coordinated containment measures following an incident on a section of the Escravos–Lagos Pipeline System (ELPS) in South-West Warri, Delta State. The company’s Chief Corporate Communications Officer, Andy…
