News

On this day in 2018, The Valuechain Oil and Gas Magazine was launched in the capital city of Abuja by the Managing Director of Spectrum Engineering, Engr. Sadiq Abubakar Isa. He was ably supported by the Special Guests of Honour…
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The Nigerian National Petroleum Corporation (NNPC) paid about N1.7 trillion to the Federation Account Allocation Committee (FAAC), between February 2019 and February 2020, the national oil company has said. Figures from its full monthly…
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It was his testimony  that people gave him monetary gifts on occasions such as birthdays, thanksgiving services, and other celebrations he hosted after he left service. The defendant who was led in evidence by his counsel, …
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The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas supply to power plants which translates to 788millon standard cubic feet of gas per day (mmscfd),…
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Frontier is pleased to announce that the Africa E&P Virtual Summit will take place on the 16 - 17 September 2020.Frontier will deliver two days of online engagement featuring the best content from the Africa E&P Summit on one…
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*DPR charges marginal fields operators on community relations The Department of Petroleum Resources, DPR, has said oil and gas companies who become successful in the 2020 marginal fields bid rounds have just two years to deliver their…
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The Director of the Department of Petroleum Resources (DPR) Engr. Sarki Auwalu has said that the Federal government is coming out with the National Acreage Management Strategy (NAMSTRA) before the end of this year.NAMSTRA is expected to…
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*Venue remains The management of The Valuechain Magazine hereby announces the postponement of its event (3rd Valuechain Public Lecture & Awards), earlier scheduled for Monday 13th July, 2020. The this year's event with the…
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The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture. The…
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The leaking pipeline at Aboru, a suburb of Lagos contained water and not petrol as speculated on social media, sources at the Nigerian National Petroleum Corporation, NNPC, said. “We were carrying out integrity upgrade of Atlas…
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