Local insurers set eyes on oil, energy insurance pool

Nigerian insurers are exploring options that will see them improve on their participation in the high risk but lucrative oil and energy underwriting. The Local...

Nigerian content creates 15,000 direct Jobs – Alison-Madueke

The Nigerian Content Act in the oil and gas industry has created over 15,000 direct jobs since it was signed into law by President...

Shell commits $5m jetty to support NCDMB pipemill

Local content initiative received a boost from Shell Petroleum Development Company of Nigeria, which reconfirmed its commitment to build a $5m jetty in support...

Lawmakers plan to strengthen Local Content Act

The House of Representatives has unveiled plans to strengthen the Nigeria Oil and Gas Industry Content Development Act and help to create an enabling...

NLNG Sues NIMASA over disputed levies

The Nigeria Liquefied Natural Gas (LNG) Limited (NLNG) Tuesday dragged the Nigerian Maritime Administration and Safety Agency (NIMASA) to a Federal High Court in...

Committee will submit PIB report by July 11 —Tambuwal

The Speaker of the House of Representatives, Aminu Tambuwal, said on Tuesday the House Committee on the Petroleum Industry Bill would submit its report...

Nigeria needs robust policy to be able to harness gas potential – UK

The United Kingdom has advised Nigeria to develop a robust policy with strong legal framework to harness its huge gas reserves. The British Deputy High...

Oil & gas insurance: Local retention rises by over 400% – NAICOM

Contrary to insinuations that objectives of the Local Content policy in the insurance industry, were yet to be achieved, the National Insurance Commission (NAICOM)...

FG grants operational licenses to seven generation companies

The Federal Government on Monday issued operational licences to seven electricity generation companies under the National Integrated Power Project. Each of the companies got an...

PENGASSAN propose PEF Merger with DPRA under PIB

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has proposed that the Petroleum Equalisation Fund (PEF) should be merged with the...

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