By Godwin Chukwumaechi Following the sustained record of increased oil and gas production in recent times, stakeholders from pipeline and crude oil host communities have urged the Federal Government to expand the security contract of Pipeline Infrastructure Nigeria Limited, PINL. PINL is the surveillance contractor in charge of …
Read More »FG Revokes 1,263 Mineral Licenses, to Submit Debtors List to EFCC
By Jacinta Hycenth, Abuja A total of 1,263 mineral licenses are set to be deleted from the portal of the Electronic Mining Cadastral system of the Nigerian Mining Cadastral Office, (MCO) following their revocation by the Federal Government. These include 584 exploration licenses, 65 mining leases, 144 quarry …
Read More »NLNG Prioritizes Human Capital Devt, Wins ‘Best Corporate Training Partner’ Award
By Paul Williams Nigeria’s international gas company, NLNG, has been named the ‘Best Corporate Training Partner 2025’ by the Oil and Gas Trainers Association of Nigeria, at the 4th edition of the OGTAN Human Capital Development (HCD) Awards. The OGTAN HCD awards have celebrated organisations and individuals whose …
Read More »Customs Area 5 Ibeto Seaport Nets N4.2b in 3 Months as Stakeholders Laud Compt Abubakar
By Bon Peters The Nigeria Customs Service, Area 5 Ibeto Seaport and Terminal Command, in Port Harcourt, Rivers State, says it has generated the sum of N4.2 billion in less than 3 months of its commencement of operations. This is as stakeholders have applauded the pioneer Customs Area …
Read More »Comprehensive Technical Audit of Ajaokuta Steel Plant Underway ~ FG
By Jacinta Hycenth, Abuja The Federal Ministry of Steel Development on Thursday said that a comprehensive technical and financial audit of Ajaokuta Steel Plant is presently underway to ensure that any decision taken is transparent, data-driven and in the best interest of Nigeria. The ministry disclosed this …
Read More »Methane Emissions: NLNG Intensifies Reduction Measures, Deploys New Strategies, Technology
By Paul Williams Gas company, NLNG says it is intensifying its drive to reduce methane emissions, by embedding prevention measures into its facility design, upgrading existing assets, and commissioning new technologies. NLNG’s Managing Director and Chief Executive Officer, Philip Mshelbila, speaking during a high-level panel session at the …
Read More »NLNG Adopts Artificial Intelligence to Enhance Operational Efficiency, Sustainable Energy
By Paul Williams International gas company, NLNG, has adopted Artificial Intelligence (AI) across its operational areas, in a bid to enhance efficiency and achieve sustainable energy. According to a release signed by the General Manager, External Relations and Sustainable Development, Sophia Horsfall, “The plan is to integrate smart …
Read More »PENGASSAN vs Cameron/Onesubsea Strike Enters Day 3, Despite Labour Ministry’s Intervention
By Paul Williams The intervention by the Federal Ministry of Labour and Employment failed to stop the strike action embarked on by workers of Cameron/Onesubsea Offshore Systems Limited, pushing it into the third day. The strike action further raises concerns over potential disruptions to Nigeria’s offshore oil and gas supply …
Read More »PenCom Unveils Guidelines for Pension Fund Performance Reporting
By: Jacinta Hycenth, Abuja The National Pension Commission (PenCom) has issued a new directive designed to standardize the methodology for calculating and reporting investment performance across pension portfolios. This was contained in a circular signed by A.M. Saleem, Head of the Surveillance Department, and issued to all Licensed …
Read More »PZ Cussons Nigeria Gains 40% Revenue Growth in 2025
By Jacinta Hycenth, Abuja Despite past losses, PZ Cussons Nigeria PLC has reported a strong financial turnaround for the year ended May 31, 2025, with total revenue of N212.6 billion, a 40 percent increase from N152.2 billion in 2024. The company disclosed this in its newly released Q4 …
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