Oracle Intelligence

Online newspaper platform

Economy

Shell declares long term partnership with big project outlay

Sopuruchi Onwuka Multinational oil major, Shell, is pointing at its list of upcoming projects and rising stake in operated ventures to convince its Nigerian stakeholders that it remains in the country for the long term despite predictions that the company…

Nigeria’s laying regulatory model for Africa’s petroleum industry _Komolafe

Sopuruchi Onwuka Governments of petroleum producing countries in Africa may need to adopt the well conceived and robustly developed regulatory templates that are already in operation in Nigeria as the continent works towards harmonized standards and cross border infrastructure build…

NOG Energy Week: Industry leaders endorse NCDMB’s strategies

Sopuruchi Onwuka Players and investors in the Nigerian petroleum industry have roundly given their support to strategies and activities mapped by the Nigerian Content Development and Monitoring Board (NCDMB) for effective implementation of the local content policy in the sector….

Growth Target: Petroleum players demand less distraction from lawmakers

 Sopuruchi Onwuka For the petroleum players to assist the present administration of the federal government meet its mandate of increasing the nation’s oil output by a million barrels per day in the immediate term, the lawmakers need to end the…

Gas players demand collaborative ecosystem to unlock Nigeria’s full potential

Sopuruchi Onwuka Top brass of Nigeria’s gas players have called on the government to facilitate evolution of a collaborative ecosystem that makes the operating environment congenial for realization of prime national economic aspirations for the gas industry. Eminent panelists at…

Local Content: NLNG demands domesticated industry technology

Africa’s lead gas exporter, the Nigeria Liquefied Natural Gas (NLNG) Limited, has restated its proposal for evolving custom technology that would enhance the utilization of local goods and services in the Nigerian energy industry. Deputy Managing Director, Olakunle Osobu, who…

NCDMB, Dangote to collaborate on Local Content

The Nigerian Content Development and Monitoring Board (NCDMB) and the Dangote Petroleum Refinery and Petrochemical Company have inaugurated a Joint Technical Committee (JTC) aimed at advancing local content implementation during the operational phase of the 650,000 barrels per day refinery…

Global energy investments indicate shifting demand patterns

Sopuruchi Onwuka The declaration by the International Energy Agency (IEA) that some 67 percent of the $3.3 trillion of global energy investments in 2025 is dedicated to development of clean energy amplifies the staggered but determined move by global institutions…

APPO, NOC CEOs Accra meeting to focus on energy development

Sopuruchi Onwuka Head of national hydrocarbon companies in Africa are scheduled to meet with the leadership of the African Petroleum Producers Organization (APPO) to harmonize strategies for enhanced energy development in the continent. Organizers of the upcoming Africa Oil Week…

Julius Berger formally engaged in Oloibiri Museum project

All roadblocks to construction of the world-class Oil and Gas Museum and a Research Testing Centre have now been cleared to enable construction giant, Julius Berger, to proceed to site. According to the Nigerian Content Development and Monitoring Boars (NCDMB),…