Business

By Bethel Toby The Federal Government of Nigeria has facilitated the signing of a $3.5 billion agreement between the BFI Group and China National Chemical Engineering Corporation (CNCEC) to revive the Aluminum Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State. Our correspondent gathered that the signing of …

By Godwin Chukwumaechi Communities along the Bayelsa section of the Trans Niger Pipeline (TNP), have commended surveillance company, Pipeline Infrastructure Nigeria Limited (PINL), for its approach to the protection of the pipeline in their area. They rated the pipeline surveillance company ‘A’ for adequately engaging communities and other relevant stakeholders …

By Kelechi Nwaucha Pipeline host communities in the Niger Delta states of Abia, Rivers and Imo, have commended the security initiatives put in place by the Pipeline Infrastructure Nigeria Ltd (PINL) towards securing critical national assets, such as the Trans Niger Pipeline (TNP). Making their views known during a ‘Stakeholders …

By Godwin Chukwumaechi, Port Harcourt The 2025 edition of the NLNG Science Quiz and Science Project Exhibition for secondary schools in Rivers State has kicked off with a sharp focus on advancing renewable energy innovations among secondary school students in the state. The science quiz, which commenced on Wednesday, is …

By Godwin Chukwumaechi Pipeline Infrastructure Nigeria Limited (PINL), the firm entrusted with securing the Trans Niger Pipeline (TNP), has intensified stakeholder engagement with communities and other stakeholders on the pipeline corridor. The engagement scheduled for next week is a follow up to similar engagements and sensitizations PINL held with the …

By Godwin Chukwumaechi, Port Harcourt Conflicting reports are emanating from Soku, in Akuku-Toru Local Government Area of Rivers State where it has been reported that a gas explosion has occurred. This report is coming less than a week after two similar incidents happened, one on the Trans Niger Pipeline (TNP) …

By Godwin Chukwumaechi, Port Harcourt The Federal Government Tuesday inaugurated two gas and power infrastructure in Otakikpo, Ikuru, in Andoni Local Government Area of Rivers State. The projects, a 12-million cubic feet gas extraction plant and 20 megawatts gas power plant, were built by Otakikpo Joint Venture comprising of Green …

There is rising tension in Onuebum community of Ogbia Local Government Area of Bayelsa State over the alleged violation of the order issued by a Federal High Court sitting in Yenagoa stopping the Sterling Exploration and Energy Production Company Nigeria Limited (SEEPCO) from oil exploration activities at the OPL 2005 …

The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day (bpd) refinery project being established by African Refinery Group Ltd, in partnership with the Nigerian National Petroleum Company (NNPC Ltd). The share purchase agreement for this …

By Amos Odhe, Yenagoa The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday achieved a much-needed consensus among oil and gas industry stakeholders and manufacturers to boost in-country production and utilisation of line pipes in oil and gas operations, as part of the strategy to deepen local content and …