Industry

By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has disclosed that it is collaborating with the Standards Organisation of Nigeria (SON) to curb the manufacturing and sale of substandard lubricants in the country. …
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By Teddy Nwanunobi TotalEnergies is documenting large oil and gas opportunities in Africa which the company is set to promote at the upcoming Africa Exploration and Production (E&P) Summit. Valuechain reports that the…
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By Teddy Nwanunobi The leaders of Ogoniland in Rivers State, under the auspices of the Ogoni Liberation Initiative (OLI), on Tuesday, pledged to cooperate with the Nigerian Petroleum Development Company (NPDC) in the exploration and…
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By Teddy Nwanunobi The Federal Government is looking to reposition Nigeria’s local petroleum refining by laying more emphasis on bringing more modular refineries into production to boost the country’s in-country refining capacity. …
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Oil major, Total has said, its Ikike oil field in the conventional offshore will come on stream by first quarter of 2022. The field development will enhance the country’s oil production between 30,000 to 40,000 barrels of crude oil…
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There is provision in the Petroleum Industry Act that gives room for individuals to acquire stakes in the new Nigerian National Petroleum Company Limited, the Group Managing Director, NNPC, Mele Kyari, said on Tuesday. Kyari stated…
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By Teddy Nwanunobi The leaders of Ogoniland in Rivers State, under the auspices of the Ogoni Liberation Initiative (OLI), on Tuesday, pledged to cooperate with the Nigerian Petroleum Development Company (NPDC) in the exploration and…
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By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) has signified its resolve to return to Ogoniland and commence oil exploration, its subsidiary, the Nigerian Petroleum Development Company (NPDC) Limited, revealed…
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By Teddy Nwanunobi Russia’s leading oil company, Lukoil subsidiary, Lukoil Company Nigeria Limited (LCNL), has announced plans to expand operations in Lagos State. Valuechain reports that the LCNL is the operator of the OML…
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By Teddy Nwanunobi The Department of Petroleum Resources has faulted the claim by the Nigeria Customs Service (NCS) that it was partly responsible for the continued smuggling of Premium Motor Spirit (PMS), popularly called petrol,…
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