Valuechain - Nigeria's foremost Online Energy News Platform

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced a conditional investment of US$2 million as well as an option to conditionally invest a further US$6.5 million in the…
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Despite that the department of petroleum resources (DPR) has received bids from about 200 companies for the commercialisation of Nigeria’s 45 gas flaring points, the Nigeria gas flare commercialisation programme (NGFCP) is yet to take-off…
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...Signs deal with NEXIM Bank The Nigerian Content Development and Monitoring Board, NCDMB, has set up a $30 million working capital fund to support indigenous oil and gas companies. The fund, according to NCDMB, will support the…
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A pair of South African brothers who ran a cryptocurrency investment platform called Africypt have gone into hiding along with investors funds worth $3.6 billion in Bitcoin. What happened? Two brothers named Ameer Cajee who acted as…
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The Independent Petroleum Marketers Association of Nigeria, IPMAN, Thursday, commended the Pipeline and Product Marketing Company, PPMC for coming with the online purchasing of petroleum products online, saying the development will…
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The Federated Organisation of Host Communities of Oil and Gas, Solid Minerals and Assets of Nigeria (FOHCOGSMAN) has commended the minister of state for Petroleum, Timipre Sylva for his impact in the oil and gas sector. In a press…
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The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Nigeria Police Force (NPF), Nigeria Customs Service (NCS), Nigeria Security…
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Billionaire businessman, Aliko Dangote has announced plans to expand his group’s operations in Cameroon, starting with the nation’s oil and gas sector. Bloomberg reports that Dangote made the disclosure on Wednesday after a meeting with…
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•Says subsidy hits N150bn monthly Nigerian National Petroleum Corporation (NNPC) yesterday lamented the escalating incidence of petrol smuggling across Nigeria’s borders, which it puts at a whopping 42 million litres per day. The…
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The Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank on Wednesday in Abuja signed a memorandum of understanding on the administration of US$30 million Working Capital Fund for oil and gas…
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