Valuechain - Nigeria's foremost Online Energy News Platform

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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The Nigerian Government has lamented the rise in crude oil theft which has affected its crude oil production so far this year and says it is committed to meeting its quota by August.This was disclosed by Nigeria’s Minister of state…
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The Nigerian Content Development and Monitoring Board (NCDMB), has concluded arrangements to commence the disbursement of $40million Women In Energy Fund in the country.Engr. Simbi Kesiye Wabote, the Executive Secretary of NCDMB,…
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Despite the fuel queues being experienced in some part of Lagos and it’s environs, the volume of petrol which the Nigerian National Petroleum Company Ltd has in stock is expected to hit 2.05 billion litres by Wednesday.Findings…
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The Organization of the Petroleum Exporting Countries (OPEC) and Iraq's Ministry of Oil, have today in Baghdad, launched a history book titled ‘OPEC 60 years and beyond: A story of courage, cooperation and commitment’.The launch…
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