Valuechain - Nigeria's foremost Online Energy News Platform

"OPEC has been committed to supporting stability in the global oil market since it was founded in September 1960 in Baghdad, Iraq" By Teddy Nwanunobi The Secretariat of the Organisation of Petroleum Exporting Countries (OPEC)…
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Ben Alaiya Ben Alaiya, former Super Eagles Media Officer between 2011 and 2015 before he was replaced by Toyin Ibitoye, has died few weeks after that of former Nigerian football chieftain, Brig-Gen. Dominic Oneya, and few weeks after…
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By Teddy Nwanunobi The leadership of the Nigerian Content Development and Monitoring Board (NCDMB) has described as untrue the alleged pressures being mounted on the Board by some stakeholders of the oil and gas industry to relocate…
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By Teddy Nwanunobi The Senate has confirmed the appointment of the Chairman and commissioners for the Nigerian Upstream Regulatory Commission (NURC). This followed the consideration of the report of its Committee on Petroleum…
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· Confident PIA will boost oil production to 4mbpd By Teddy Nwanunobi The Federal Government has vehemently rejected a single pathway concept to energy transition and net zero carbon. The Minister of State Petroleum Resources,…
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"This is a big push that is aimed at fast-tracking Nigeria’s energy transition" By Teddy Nwanunobi Seplat Energy Plc, Nigeria’s largest energy company by market value, has the set year 2024 target to end gas flaring in all of its…
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Minister of State for Petroleum Resources Timipre Sylva, has said that the passage of the Petroleum Industry Bill into law will significantly boost Nigeria’s potential to achieve its oil production to four million barrels per day. …
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The Independent Petroleum Producers Group (IPPG) has congratulated the Federal Government over the signing into law, the Petroleum Industry Bill (PIB) last month by President Muhammadu Buhari, and its consequent enactment into the…
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President Muhammadu Buhari’s Full 2022 Budget Speech Text Budget of Economic Growth and Sustainability Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session…
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· Blames poor performance of oil revenue to production shortfall By Teddy Nwanunobi President Muhammadu Buhari has presented a total budget of N16.39 trillion for the year 2022 to a joint session of the National…
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