Valuechain - Nigeria's foremost Online Energy News Platform

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and 319trillion cubic feet of gas are yet to be discovered in Sub-Saharan…
Read More...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has called on foreign investors to explore Nigeria’s ultra-deep terrain which is largely untested. Baru made the call in a statement…
Read More...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday, made a case for the domestication of oil and gas technologies within the African continent, saying such develop the capacity…
Read More...

Stanbic IBTC, in partnership with South Africa’s Standard Bank Group, will provide a new accordion facility to Eland Oil & Gas. The credit facility will see the oil firm increase its borrowing base to $50 million. How the…
Read More...

...For month of Feb 2019 The average price per litre of Kerosene in Nigeria dropped to ₦305.55 in February 2019, compared to ₦306.28 in January 2019. This is revealed in the National Bureau of Statistics’ Price watch…
Read More...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has called for more integration among countries within the West African sub-region towards providing lasting solutions to the region’s…
Read More...

• NPDC takes over operatorship of OML 11 from Shell Royal Dutch Shell yesterday said it planned to reduce carbon emissions from its oil and gas operations and product sales by between two per cent and three percent by 2021. This is the…
Read More...

The average price for refilling a five kilogramme (Kg) cylinder for Liquefied Petroleum Gas, otherwise known as cooking gas increased by 1.37 per cent (month-on-month) to N2, 067.68 in February 2019, compared to N2,039.82 recorded in…
Read More...

After more than six decades of production, Nigeria still has over 41 billion barrels of crude oil reserves untapped, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has disclosed. …
Read More...

The Joint Task Force (JTF) codenamed Operation Delta Safe (OPDS) has taken over six suspected oil thieves and seven loaded Cotonou boats from the Nigerian Navy Ship (NNS Delta), Warri, for further investigation. During the handing…
Read More...