Valuechain - Nigeria's foremost Online Energy News Platform

*Rig count drops to 5 In the fourth quarter of 2020, Nigeria’s daily crude oil production fell to an average of 1.56 million barrels per day (mbpd). Data obtained from the Bureau of Statistics, NBS said the country’s fourth quarter…
Read More...

Ekiti State governor, Dr. Kayode Fayemi has raised concerns over the persistence of smuggled petroleum products despite the presence of Customs and security personnels at the country’s borders. The governor, who spoke on a Channels…
Read More...

After years spent scooping up billions in profits from the Niger Delta, multinational oil companies Chevron, Shell and Eni are deserting the rich ecosystem that now bubbles with dirty oil, dead fish and polluted air –…
Read More...

The Petroleum Products Pricing Regulatory Agency (PPPRA) and other key agencies in Nigeria’s multi-billion dollars oil and gas industry are at the eleventh hour of their existence in their present form. This comes as harmonisation of…
Read More...

By Teddy Nwanunobi All is set for the Nigerian Gas Association (NGA) three-day, tagged, 'Understanding the Natural Gas Value Chain End-to-End', which runs from Tuesday, July 27 to Thursday, July 29. NGA stated that delegates, at the…
Read More...

By Teddy Nwanunobi All is set for the Nigerian Gas Association (NGA) three-day, tagged, 'Understanding the Natural Gas Value Chain End-to-End', which runs from Tuesday, July 27 to Thursday, July 29. NGA stated that…
Read More...

*Specifies how fund is to be utilised*Empowers oil firms to deny funding to communities’ trust fund The controversies surrounding the Petroleum Industry Bill (PIB), recently passed by both chambers of the National Assembly seem…
Read More...

The Minister of State, Petroleum Resources, Mr. Timipre Sylva, said the federal government has lost revenue in taxes, royalties and other payments on the Atala oilfield located in Bayelsa including 10 others revoked in April 2020. The…
Read More...

Team Nigeria shot into reckoning when two of her athletes, Segun Toriola and Funke Oshonaike entered into history book( Club 7) as rare athletes to have competed seven times at the Olympics. Standing taller in the exclusive club…
Read More...

The cost of filling a 12.5kg cylinder of cooking gas has increased from N4,000 in December 2020 to N6,200 as at July 24, 2021. This is about a 55% increase in the price. This was confirmed by our analyst after conducting interviews with…
Read More...