Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Corporation (NNPC) provided insights into the reason why some completed private refineries are yet to commence production. Mustapha Yakubu, the Nigerian National Petroleum Corporation (NNPC), Chief…
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For sustainable national economic stability and growth, there is a need to strengthen legal, institutional, financial, in-sector diversification, and indigenous capacity in Nigeria’s petroleum industry, Director, Department of Petroleum…
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The Department of Petroleum Resources (DPR) has given a three-month window for owners of petroleum products retailing outlets in Lagos Zone to renew and regularise their operating licences. Mr. Ayorinde Cardoso, Zonal Operations…
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Siemens Energy has signed an agreement with GIL Automation to develop local content in Nigeria’s oil industry. This will take the form of training, skills development and joint project execution at the Siemens Energy Rotating Equipment…
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The bitumen belt across Ondo, Ogun, Lagos, and Edo states has over 42 billion tonnes of deposits, being the second-largest in the world and almost twice Nigeria’s oil reserves. Vice President Yemi Osinbajo said this at the maiden…
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Nigeria’s National Assembly has been commended for passing the Petroleum Industry Bill PIB. The Nigerian Labour Congress NLC in a statement signed by its President, Comrade Ayuba Wabba, said the Congress “received with relief the news of…
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The Nigeria Liquefied Natural Gas (NLNG) has revealed that Nigeria has the potential to become the world’s number one oil and gas nation if deliberate efforts are put in to actualize that ambition. This was disclosed by the Managing…
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The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. Valuechain,…
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By Teddy Nwanunobi The Department of Petroleum Resources (DPR), on Tuesday, said “legal, institutional, financial, in-sector diversification and indigenous capacity” are the five ways to fortify the Nigerian oil and gas sector for…
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*Constitutes Conference Committee By Teddy Nwanunobi The 9th Senate has assured Nigerians that the recently passed Petroleum Industry Bill (PIB) by the National Assembly will be sent to President Muhammadu Buhari for assent before…
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