Valuechain - Nigeria's foremost Online Energy News Platform

–By Gideon Osaka The much talked about final investment decision, FID, for the Nigeria Liquefied Natural Gas, NLNG, train 7 did not take place in 2018, after all. Valuechain gathered that the event may not take place until…
Read More...

–By Gideon Osaka The recent statement by the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, that the country’s refineries had not undergone turn around maintenance(TAM) for an aggregate…
Read More...

–By Yange Ikyaa After decades of spending hundreds of billions of naira each year on the importation of premium motor spirit (PMS) and automotive gas oil (AGO) or diesel, much of it going into use in electricity generators to power…
Read More...

–By Danlami Nasir Isah Abdulrazaq Isa is the Chairman/CEO of Waltersmith Petroman Oil Limited, an indigenous upstream oil and gas company incorporated in 1996 to carry out the business of exploration and production of oil and gas…
Read More...

The Minister of State for Petroleum Resources Dr. Ibe Kachikwu has announced that the Phase 1 scope of the Front End Engineering and Design (FEED) of the Nigeria Morocco Gas Pipeline (NMGP) is expected to be completed by the end…
Read More...

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, yesterday dropped the hint that the ministry would consider ways of securing import waivers for the implementation of the Project 100, where it is necessary. The…
Read More...

No fewer than 60 indigenous oil and gas companies are to benefit from the federal government’s business intervention Project called “Project 100”. No fewer than 60 indigenous oil and gas companies are to benefit from the federal…
Read More...

Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz, yesterday, identified sanctity of contracts, lower production cost and friendly operating environment as the most important factors needed to be in…
Read More...

Spot trade slowed to a crawl on Wednesday, as a stand-off between buyers and sellers got intensified. Bonny Light and Qua Iboe for March loading were once again offered near $2.50 a barrel above dated Brent, from about $2.15-2.20, but…
Read More...

The Chief Executive Officer of OVH Energy Limited, Huub Stokman, yesterday advocated the need for the Federal Government to review the policies concerning importation of refined petroleum products into the country. Stokman, who made the…
Read More...