Valuechain - Nigeria's foremost Online Energy News Platform

The Integrated Data Services Limited (IDSL), the premier geological and geophysical subsidiary of the Nigerian National Petroleum Corporation (NNPC), said it is aggressively boosting its seismic data acquisition technologies and capacities…
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An oil company in Nigeria, Aiteo Oil Exploration and Production Company is declaring a “force majeure” shutdown after a fire. The temporary closure is expected to cut Nigeria’s oil production by about 8 percent per day. Aiteo Oil…
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President Muhammadu Buhari has asked Qatar to invest in Nigeria’s refineries, power, economy and other sectors as he attempts to improve bilateral relations between both countries. The President played host to the Emir of Qatar, His…
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Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco have discussed investment options in the mid and downstream sector, Nigeria’s petroleum ministry said on Wednesday in a tweet. Aramco is expanding downstream…
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The Department of Petroleum Resources (DPR) said it will begin tosanction unlicensed marketers of Liquefied Petroleum Gas (LPG),otherwise called cooking gas, who are specialised in decanting theproduct at home or in shops.Speaking at a…
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Siemens Nigeria has said it plan to diversify its power services business to the non-oil and gas sectors to cushion the effect of fluctuations in the oil and gas industry as well as foreign exchange in the country. Speaking to THISDAY,…
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-By Yange Ikyaa Aiteo, Nigeria’s oil and gas sector giant, has confirmed that the fire accident it previously reported on April 21, 2019 within its Right Of Way (ROW) of the Nembe Creek Trunk Line (NCTL) has been completely put out,…
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The Nigeria Customs Service, Nigerian National Petroleum Corporation and Department for Petroleum Resources have resolved to set up joint committee to address smuggling of petroleum products to neighbouring countries. The chief…
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Malaysia’s FPSO provider Yinson has won another short-term FPSO contract extension in Nigeria as it discusses a longer-term deal with Addax. Yinson has said that Addax has extended the contract for the FPSO Adoon for one month. The…
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Victor Okoronkwo, First Vice President of Nigerian Gas Association, in this interview with Daily Independent reveals the prospects and challenges in the gas sector and how the resources can add more value to the country. Excerpts: Where…
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