Oracle Intelligence

Online newspaper platform

Economy

WAPCo feeds pig into line to start regional conduit maintenance

Sopuruchi Onwuka The West African Pipeline Company (WAPCo) Limited, on Friday, launched off its scheduled offshore line maintenance programme in a major process that will guarantee the integrity of systems that channel natural gas from Nigeria and Ghana to the…

NIES 2025 Upstream Forum to unlock Africa’s hydrocarbon wealth

The Nigeria International Energy Summit (NIES 2025) is set to host the much anticipated Africa Upstream Forum, a pivotal session under the subtheme “From Resources to Revenue.” This forum will convene key stakeholders, industry leaders, and global investors to explore…

FG metering programme to wipe industry debts, end estimated billing

Sopuruchi Onwuka Special Adviser to the President on Energy, Mrs Olu Arowolo Verheijen, has clarified that government’s priority in providing meters in the Nigerian electricity supply industry is to enhance transparent transactions and address debts arising from billing disputes. Mrs…

WAPCo scales down gas flow, begins major offshore pipeline maintenance

Pigging, inspection and valve replacement Sopuruchi Onwuka Operators of West Africa’s gas conduit corridor, the West African Gas Pipeline Company Limited (WAPCo), has declared that gas flow in the 5,700 kilometers of offshore pipeline running from Lagos in Nigeria to…

NCDMB pledges full utilization of oilfield service capabilities

Sopuruchi Onwuka Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to support for local service companies in creating jobs in the economy by providing them with greater opportunities in the oil and gas industry. The Executive Secretary,…

Olu Verheijen’s flawed investment appraisal

Sopuruchi Onwuka The calculation by the Special Adviser to the President on Energy, Olu Verheijen, that the Nigerian energy industry attracted impressive $6.7 billion investments in 2024 has found players in the industry looking around in surprise. In presenting the…

Oando plants a foot in Angola with Block KON 13

Sopuruchi Onwuka Nigeria’s fast growing energy firm, Oando, has successfully clinched a joint venture deal, clearing the way for it to become the first Nigerian company to lead an exploration and production joint venture in the Africa’s second largest oil…

NMDPRA says govt policies transform Nigeria into regional oil hub

Sopuruchi Onwuka The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured that fiscal and operating strategies guiding then petroleum industry are course to transform the country into continental energy powerhouse. Authority Chief Executive, Engr Ahmed Farouk, who spoke…

Refineries: Inside Kyari’s desperate efforts to sell performance

Sopuruchi Onwuka Since November when the Nigerian National Petroleum Company (NNPC) Limited declared re-streaming of some of its moribund refineries in Port Harcourt and Warri, doubts and controversies have drowned the open excitement obviously targeted by the national oil company…

Budget: Otti pledges massive infrastructure development

Signs 2025 budget into law From Boniface Okoro, Umuahia Abia State Governor, Dr. Alex Otti, while assenting to the state’s 2025 budget of N750,282, 200,000 into law on Friday, December 27, 2024, promised that his administration would continue to do…