Oracle Intelligence

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Energy

NASA claims China’s dam can slow Earth rotation and make days longer

As India raises concerns over new hydropower dam in Tibet NASA has claimed that China’s Three Gorges Dam could slightly slow the Earth’s rotation and extend the length of days. The revelation came India says it has conveyed concerns to…

Vietnam turns to EVs as Hanoi becomes world’s most polluted city

Sopuruchi Onwuka, with agency reports Authorities in Vietnam which have been working to switch public transportation to 50% of buses and 100% of taxis to be EVs by 2030 are now thinking of adopting more urgent measures to save the…

Dangote Refinery enlists Ardova, Heyden in price control

Sopuruchi Onwuka Nigeria’s major private fuel producer, Dangote Petroleum Refinery, has struck additional offtake deals with two major marketing firms: Ardova Plc and Heyden Petroleum. The company stated that the bulk offtake deals are designed to ensure a steady supply…

Divestments: Local Content and Nigeria’s deepwater future

Sopuruchi Onwuka Projections by industry experts on the fate of the Nigerian deepwater petroleum explorations and production activities continue to be divided as foreign international oil companies that opened up the terrain showed little or no interest in capturing more…

Korea introduces fire-proof EV battery that holds 87% power after 1000 cycles

Researchers at the Daegu Gyeongbuk Institute of Science and Technology (DGIST) in South Korea have developed a triple-layer solid polymer electrolyte containing a lithium-ion battery that can extinguish itself if it catches fire, a statement from the institution said. The…

LNG demand upbeat as Russia shuts pipeline to Europe

Sopuruchi Onwuka Players in gas liquefaction and export should brace for more spot transactions as critical demand surge is expected from European countries that would now cease receiving pipeline gas from Russia after Ukraine terminates transit agreement. Both Russia and…

Falling crude prices to maintain pull on petrol prices in 2025

Sopuruchi Onwuka The price war between the two main refiners in the country-Nigerian National Petroleum Company Limited and Dangote Industries Limited-will intensify in the new year to maintain strong pull on petrol prices as projections are unanimous that crude oil…

Tinubu demands NNPC Ltd to revamp all refineries Commends Kyari on re-opening of Warri Refinery Sopuruchi Onwuka President Bola Tinubu has required the national oil company, the Nigerian National Petroleum Company Limited (NNPC Ltd) to accelerate repair work on the…

Ardova Plc in bulk purchase deal with Dangote Refinery

In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery. The framework, according to Head…

170 graduates benefit from Shell, partners’ internship programme

A total of 170 young graduates have benefitted from the NCDMB/PETAN/SPDC JV Graduate Internship programme, in which they were attached to indigenous technical oilfield service companies in the upstream and downstream sectors for hands-on experience. Some 133 of the interns…