Valuechain - Nigeria's foremost Online Energy News Platform

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As the outgoing Secretary General of the Organisation of Petroleum Exporting Countries, OPEC continues his farewell interactions with stakeholders, His Excellency Dr. Mohammad Sanusi Barkindo has written a letter to the Executive…
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Ahead of the full implementation of its Refinery Project in Port Harcourt Rivers State, African Refineries Port Harcourt Limited (ARPHL) has announced the award of Phase One contract for the colocation of a Greenfield Refinery to…
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Cooking Gas Some Oil and Gas experts have advised the Federal Government to fully leverage on our domestic potential to end the incessant hike in price of Liquefied Petroleum Gas, LPG. The experts also called for a better storage…
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Morocco is planning to build nearly 1,672km of pipeline for natural gas from Nigeria, as part of the wider Nigeria-Morocco Gas Pipeline Project (NMGP). Estimated to cost $25billion, the NMGP project will be built to link Nigeria…
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Timipre Sylva By Adeniyi Onifade One hundred and sixty one (161) successful marginal fields bidders have on Tuesday been awarded Petroleum Prospecting Licenses (PPL) by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
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The Federal Governme may have raked in at least N2tn from the 2020/2021 marginal oil field bid rounds. In the Nigerian context, marginal fields include fields with reported reserves and production potential, which are however deemed…
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In 2020, the Nigerian government conducted a bid round for 57 marginal oil fields of which 161 companies were shortlistedThe 161 winners are expected to extract oil from the onshore, swamps, and shallow waterThe last time such a…
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The Nigerian National Petroleum Company Ltd has paid an initial amount of $1bn for its stake in Dangote Oil Refining Company reports say. The payment, which was confirmed by a top official of the NNPC on Sunday in Abuja, effectively…
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