Valuechain - Nigeria's foremost Online Energy News Platform

…as Bekikiri community in Bayelsa State cries exclusion House of Representatives Committee on Host Communities has warned First Exploration and Production Development Company, an oil exploration firm against stifling the hearing of a…
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• Logistics challenges, weak Naira push Jet A-1 to N215 in South, over N300/per litre up North• Apapa ports’ congestion costs importers extra $10,000 to $25,000 daily• It’s a shame no refinery produces Jet A-1 locally, says Joji …
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Nigeria’s export receipt from oil revenue, which slumped by 98 per cent from March to April, is set for a rebound as the Organisation of Petroleum Exporting Countries (OPEC) has forecast demand to exceed 99 million barrels per…
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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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