Valuechain - Nigeria's foremost Online Energy News Platform

NCDMB can’t advocate for 100% local content now – Wabote -By Teddy Nwanunobi A Milan-based company, Saipem, has been alleged to be sabotaging the Nigerian Local Content (NLC) Act in the construction of the $7 billion Nigerian…
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-By Fred Ojiegbe Nigeria’s rig count for the month of March witnessed reduction by one, having recorded six as against seven recorded in February, data from the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market…
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By Teddy Nwanunobi The Gas Exporting Countries Forum (GECF) aims to overcome energy poverty, enhance growth and mitigate CO2 emissions pollution in the continent, as it plans to promote gas development in the African oil and gas…
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By Teddy Nwanunobi Eni is planning to help reduce debt, and fund its shift to low-carbon energy, as it considers spinning off oil and gas operations in West Africa and the Middle East into new joint ventures (JVs), according to company…
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By Teddy Nwanunobi Life would be much easier for business women, especially women in the oil and gas sector, following the provision of a $20 million loan scheme by the Nigerian Content Development and Monitoring Board (NCDMB). The…
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By Teddy Nwanunobi ADM Energy has completed its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda field in OML 141, it announced on Wednesday. Valuechain …
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By Teddy Nwanunobi Due to fears of rising Coronavirus (COVID-19) Pandemic in India, the Organisation of Petroleum Exporting Countries (OPEC) and its allies on the Joint Technical Committee (JTC) have decided to maintain the cartel’s…
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By Teddy Nwanunobi The Organisation of the Petroleum Exporting Countries (OPEC), on Tuesday, said that its price of a basket of 13 crudes stood at $63.22 a barrel on Monday. The above price is compared with $63.63 the…
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By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) has promised to work with the Association of Distributors and Transporters of Petroleum Products (ADITOP) to ensure improved operations in Nigeria’s downstream…
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By Teddy Nwanunobi The dividends of the recent declaration of the ‘Decade of Gas’ by the Federal Government seem to be unfolding almost immediately. One of such is the plan by the Lagos State Government to convert one million…
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