Industry

A rising oil price is considered to be beneficial to a major oil exporter like Nigeria, however, the Central Bank of Nigeria (CBN) has indicated that the recent increase in oil prices does not equate to higher revenue nor does it…
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The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the maiden edition of the Nigerian Content Midstream/Downstream Oil & Gas Stakeholders Summit, with theme, Maximizing Potentials in the…
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By YANGE IKYAA Eni on Wednesday released the 16th voluntary sustainability report that outlines the company's contribution and objectives for a just transition from fossil fuels to green fuels. With a view to sharing social…
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*Draws Reps’ Anger Over Reluctance To Disclose Details Of Expenditure The House of representatives Ad Hoc committee on the state of Nigerian refineries was told yesterday that a total of $1.555 billion was budgeted for the…
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With unprecedented crude oil theft becoming the greatest challenge to oil production and revenue generation, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) said it has obtained necessary approvals to immediately implement…
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By Eddy Ochigbo Oilserv Limited, a leading provider of integrated Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) services and complementary solutions across the asset and program life cycle within the…
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NJ Ayuk By Yange Ikyaa The African Energy Chamber (AEC) has confirmed the attendance and participation of Foday B. L. Mansaray II, Director General of the Petroleum Directorate of Sierra Leone (PDSL), at its upcoming annual…
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Salva Kiir Mayardit of South Sudan By Yange Ikyaa The 2022 edition of South Sudan Oil & Power (SSOP), the fifth in the series - organized by Energy Capital & Power in partnership with the country’s Ministries of Petroleum,…
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By Fred Ojiegbe Industry players have projected that further delay in the implementation of the Petroleum Industry Act (PIA) will discourage investment in the sector. Recalled that in Q3 last year, Nigerian President…
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Building on its solid foundation as the premier source of credible, authoritative and fact-driven oil and gas information, the Editorial Management Board of Valuechain Group, publishers of the Valuechain Oil & Gas Magazine, has…
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