Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Company Limited (NNPC Limited) has engaged ExxonMobil on boosting deepwater output and pursuing further offshore investments, weeks after work began on the US$1 billion Usan Infill Project in Oil Mining…
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Community contractors in the Niger Delta have rejected a new directive by the Nigerian Content Development and Monitoring Board, NCDMB, over the 1% remittance, noting it is already taken by the International Oil Companies, IOC. They…
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…Insurance stocks lead declines as Dangote Sugar, ETI weigh on blue chips The Nigerian equities market extended its sell-off on Friday, August 14, 2026, shedding N3.8 trillion in the week after closing lower for a fifth consecutive…
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In a strategic move to bridge the structural gap between Nigeria’s vast natural gas reserves and a fully functioning domestic market, JEX Markets has unveiled plans to build a regulated trading exchange aimed at curbing counterparty…
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The Nigerian Upstream Petroleum Regulatory Commission has confirmed the commencement of consultations with relevant industry stakeholders on a domestic crude oil and gas swap arrangement aimed at cutting supply costs and ensuring more…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have renewed their commitment to closer coordination as they work to improve regulation…
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According to a reports on Friday, August 14, 2026, as the global energy shock triggered by the United States and Iran conflict bites harder, the Nigerian government has bluntly rejected calls to reinstate petrol subsidies. This…
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Oil prices fell as weaker global demand forecasts and a sharp rise in U.S. crude inventories pressured the market. Brent dropped 2.47% to $86.78 a barrel, while WTI fell 2.81% to $80.93. Supply disruptions around the Strait of Hormuz…
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Prof. Omowumi O. Iledare President Bola Ahmed Tinubu’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (DOEO 2026) deserves neither an automatic applause nor an instinctive criticism. My reaction…
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The Nigerian National Petroleum Company Limited (NNPC) has welcomed the Federal Government's signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, describing it as a landmark reform that…
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