Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria has ordered foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa's largest economy. In a…
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The Independent National Electoral Commission has revealed the total number of Permanent Voter Cards (PVCs) collected by qualified Nigerian voters ahead of rescheduled elections starting less than 48 hours from the time of publishing…
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President Muhammadu Buhari has taken a good decision that will help many Nigerians to actually come out and vote on the day of elections with out much hindrance. According to Daily Post, ahead of the 2019 presidential election,…
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Nigeria’s downstream sector records a yearly income of 56 billion dollars, Mr Abayomi Awobokun, Chief Executive Officer, Enyo Retail and Supply Limited, has said. Awobokun made this known at an interactive session with…
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The Nigerian Liquefied Natural Gas (NLNG), and the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), have reassured Nigerians of the continuous availability and price stability of Liquefied Petroleum Gas (LPG)…
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Two months after the Federal Government the first tranche of N236 billion out of an estimated N800 billion subsidy arrears owed oil marketers, indications have emerged that Deposit Money Banks (DMBs) have yet to honour the…
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The ongoing gas flare commercialisation programme of the Federal Government will attract $3.5bn worth of investments to Nigeria. In a reply to enquiries on the status of the programme, senior officials of the Federal Ministry of…
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Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, has won two awards at the industry dinner and awards night, organised by the Nigerian International Petroleum Summit (NIPS) in Abuja. The awards were in recognition…
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….Plans Rapid Acquisition of Stations Enyo Retail and Supply Ltd.,an indigenous oil and gas and a customer-focused company, is redefining petroleum products marketing by pioneering a technology driven fuel retailing revolution in…
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Billions of dollars have been lost due to government’s inability to conduct bid rounds for major and marginal oil fields, former co-founder and Executive Director, Pillar Oil Limited, Seye Fadahunsi, has said. Fadahunsi could…
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