Remove Fuel Subsidy Before Handing Over Power, US Govt Tells Buhari
By Moses Patience Chat.
The United States of America (USA) has urged President Muhammadu Buhari to remove the controversial fuel subsidy before handing over power to a new administration on May 29.
The outgoing US Ambassador to!-->!-->!-->!-->!-->!-->!-->…
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New Technologies to Enhance Petroleum Discoveries in Nigeria – Aladeitan
By Moses Patience Chat
A Professor of Energy and Natural Resources at the University of Abuja, Olanrewaju Aladeitan, has said that the inventions of new and improved technologies will enhance the discovery and exploration of oil and!-->!-->!-->!-->!-->…
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Nigeria Records 54% Petrol Price Increases In February – NBS
By Adaobi Rhema Oguejiofor
The National Bureau of Statistics (NBS) has said that the average retail price of petrol per litre has increased in Nigeria from N170.42 in February 2022 to N263.76 in February 2023.
This was revealed!-->!-->!-->!-->!-->!-->!-->…
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Nigeria’s Rig Count Remains Stagnant in March- OPEC
By Moses Patience Chat
The latest report released by the Organisation of Petroleum Exporting Countries (OPEC) has revealed that despite adding about 48,000 barrels per day in February, Nigeria's oil rig count remains stagnant in the!-->!-->!-->!-->!-->…
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Nigeria’s New Energy Law Empowers States to Generate, Transmit Electricity
By Yange Ikyaa
The Federal Government of Nigeria has amended its constitution, granting the country’s 36 States the powers to independently generate and transmit electricity.
Valuechain learnt that President Muhammadu!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Oriental Energy vows to Meet Social Investment Obligations to Host Community
By Adaobi Rhema Oguejiofor
The Management of Oriental Energy Resources Limited has vowed to meet its social investment obligations to its host community of Mbo Local Government Area of Akwa Ibom State based on the provisions of the!-->!-->!-->!-->!-->…
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NNPCL Appoints Cordier as New Head of Trading
By Moses Patience Chat
The Nigerian National Petroleum Company Limited (NNPCL) has appointed Jean-Marc Cordier, former Vice President of Abu Dhabi National Oil Company (ADNOC), as Head of its oil trading arm - NNPC Trading Limited.
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NCDMB to Showcase Nigeria’s Petroleum Industry Opportunities at NOGOF
By Adaobi Rhema Oguejiofor
The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that it plans to showcase opportunities in the country's oil and gas sector at the 4th edition of the Nigerian Oil and Gas!-->!-->!-->!-->!-->…
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Understanding South Africa’s Energy Crisis
*Witnessing the far-reaching effects of South Africa’s continuing power cuts has been tremendously disheartening
The frequent and extended power outages taking place have left businesses in Africa’s most industrialized country!-->!-->!-->!-->!-->…
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30 Youths Benefit From Dangote’s Electrical Training Programme in Ogun State
By Moses Patience Chat
Thirty youths from host communities have benefited from an electrical training programme powered by Dangote Cement Company.
The empowerment programme provided youth the opportunity to be trained on!-->!-->!-->!-->!-->!-->!-->…
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