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Chevron declares double discovery with Awodi-07 well
Sopuruchi Onwuka Chevron Nigeria Limited has declared that its Awodi well busted two separate lodes offshore Western Niger Delta, discovering new hydrocarbon reservoir and extending existing one. A press statement made available to Oracle Intelligence did not specify the oil…
After buying out M&P, Tony Elumelu takes seat in Seplat Energy’s board
Sopuruchi Onwuka Following the completion of a deal to acquire the entire 20.07 percent equity stake held by Etablissements Maurel et Prom (M&P) SA, Nigerian billionaire investor Tony Elumelu has joined the board of Seplat Energy Plc as a Non-Executive…
Sahara Group Foundation partners Plan International on recycling, empowerment
Sopuruchi Onwuka Sahara Group Foundation has declared partnership with Plan International Nigeria to deepen social inclusion and community-led waste recycling initiatives aimed at driving climate action and economic empowerment. The Foundation, the social responsibility arm of Sahara Group, said it…
China fronts renewables as energy consumption surges to new records
Ziggy Ojiegbe China’s energy consumption continued to rise across the board in 2025, with strong growth recorded in power generation, coal output and petroleum, alongside a sharp expansion in renewable energy. Reports reviewed by Oracle Intelligence show that China now…
Seplat’s 300MMscfd ANOH Gas Project delivers first commercial gas
Sopuruchi Onwuka Seplat Energy Plc has announced the commencement of commercial operations at its long-awaited Asa North and Ohaji (ANOH) Gas Processing Plant, marking a major milestone for Nigeria’s domestic gas sector. The indigenous energy company, listed on the Nigerian…
Death anniversary: NUPRC honors UM Okoro with commitment to staff welfare
Sopuruci Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to staff welfare and human capital development in honor of the late Comrade Uche Marcus Okoro, as the Petroleum and Natural Gas Senior Staff Association of Nigeria…
WIEN commends EKEDC on appointment of Wola Joseph-Condotti as interim CEO
Sopuruchi Onwuka Africa’s leading gender equity advocacy group in the energy industry, Women in Energy Network (WIEN), has congratulated the board and management of Eko Electricity Distribution Company (EKEDC) Limited on the appointment of Wola Joseph-Condotti as the company’s Interim…
Supply outlook seen keeping oil prices subdued in 2026
Ziggy Ojiegbe Oil prices are expected to remain under pressure in 2026 as forecasts point to global supply continuing to outpace demand, reinforcing expectations of a prolonged period of low prices despite recurring geopolitical risks. Major forecasters including the U.S….
Seplat Energy reaffirms commitment to ESG-aligned operations
Sopuruchi Onwuka Integrated energy company Seplat Energy Plc has reaffirmed its commitment to conducting its operations in line with global environmental, social, and governance (ESG) standards, stressing the need for responsible and sustainable practices within Nigeria’s petroleum industry. The company,…
Nigeria demands credible bids in 2025 oil licensing round
Sopuruchi Onwuka The Ministry of Petroleum Resources has charged companies seeking to participate in Nigeria’s upcoming oil and gas licensing round to present credible proposals and clear evidence of technical and financial capacity as a condition for participation. Minister of…
