Valuechain - Nigeria's foremost Online Energy News Platform

Oil theft, opaqueness of the Nigerian oil industry may be a thing of the past if indications that the Federal Government has started the process of tracking the country’s oil output, are anything to go by. –By Gideon Osaka Early…
Read More...

Leaving no stone unturned, the Nigerian government has finally set a broad based agenda to provide institutional support to 100 indigenous oil and gas service providers, with NCDMB driving the process to the next level, and in line with…
Read More...

Seplat Petroleum Development Company, a Nigerian indigenous oil and gas company, has announced its full financial results for 2018 and provided an operational update Commenting on the results Austin Avuru, Seplat’s CEO, said, “Seplat…
Read More...

The Lagos Chamber of Commerce and Industry, LCCI, yesterday called on the federal government to reduce the burden of excessive taxation on oil and gas investment in the country. The President of LCCI, Mr. Babatunde Ruwase made this…
Read More...

Nigerian Content Development and Monitoring Board will be hosting its 2019 Nigerian Oil and Gas Opportunity Fair (NOGOF) in Yenagoa, Bayelsa State. This fair is NCDMB’s 2nd biennial fair, its first was held in 2017. NOGOF 2019…
Read More...

Nigeria, in January and February, imported a total of 986, 492 metric tonnes of petroleum products representing 1,387,410,984.2 litres of fuel, data from the Nigerian Ports Authority Shipping Position revealed. Frozen fish topped the…
Read More...

The Director, Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, Mr. Mohammed Sidi says that oil dealers have been cheating Nigerians of N198,500 per truck sold. Sidi said in Abuja on Wednesday during…
Read More...

The Nigeria Extractive Industries Transparency Initiative (NEITI) revealed Wednesday that it would unveil the identities of crude oil blocks and solid minerals rights holders in the country by January 2020 in line with global trend…
Read More...

The predicament that played out on Friday, 1st March 2019, in Bayelsa is indeed a disaster like the others before it in the different parts of the country. The Mile One community and others within earshot were in the wee hours of…
Read More...

President Muhammadu Buhari has approved the 2019 operational budget of the Nigerian National Petroleum Corporation (NNPC), the Group Managing Director of e state oil company, Dr. Maikanti Baru, disclosed Wednesday. Although Baru did not…
Read More...