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Nigeria to close $20bn petroleum investments in 2025
* AEB to host AfreximBank’ $13 bn energy finance portfolio Sopuruchi Onwuka Significant $20 billion or N34 trillion of new investments are underway in the Nigerian petroleum industry. The revelation which came from the Minister of State for Petroleum Resources…
Landing plane flips upside-down at icy Toronto airport
A plane with over 80 passengers and crew crash-landed on an icy runway at Toronto airport on Monday when it flipped, lost its wings and laid upside-down on its roof. The Oracle Today learnt that as many as eight people…
WAGPCo pledges duct integrity for growing West African gas market
Sopuruchi Onwuka The West African Gas Pipeline Company (WAGPCo) Limited has declared commitment to ensure that the transportation infrastructure connecting natural gas from producers to the regional market remains in sound condition. The company is the transporter of processed natural…
Downloading DeepSeek in US to attract 20 years in prison, $100M fine
A newly introduced bill from Senator Josh Hawley (R-MO) is drawing attention for its unprecedented severity in restricting Chinese artificial intelligence (AI), specifically targeting technologies like DeepSeek. The bill, which Hawley filed last week, intends to “prohibit United States persons…
China leads plans to build space based solar power station
Sopuruchi Onwuka, with agency reports As the race to locate more facilities in the orbit gets intense, China has begun working on plans to be the first to take a space for its gargantuan orbital solar farm that would harness…
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…
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…
Climate action: New York to slam oil firms with $75 billion fine
The state of New York in the United States has declared that it will fine fossil fuel companies a total of $75 billion over the next 25 years. The fine is meant to pay for damage caused to the climate…
Oando growth impulse: Wale Tinubu and squad are back on the road
Sopuruchi Onwuka While celebrations and plaudits still ring in the air after indigenous energy independent company, Oando Plc, bought out two international oil companies from a joint venture with government, the drivers of the local company are still relentless in…
G20: Rich nations begin early donation to IDA fund replenishment
Tinubu positions Nigeria on the beggar side Sopuruchi Onwuka The world’s leading nations weekend began early pledges towards contribution of over $125 billion dollars that would form the pool of funds from where the World Bank and its development finding…
