Valuechain - Nigeria's foremost Online Energy News Platform

The African Energy Chamber (www.EnergyChamber.org) organized a Power Breakfast yesterday in Malabo to mark the launch of its Africa Energy Outlook 2021. The event gathered all of the Chamber’s partners and industry stakeholders in…
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Director of the Department of Petroleum Resources, DPR, Engineer Sarki Auwalu, Tuesday, disclosed that it has identified petrol stations across the country with capacity to install autogas dispensing facilities, adding that henceforth, the…
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The Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentencing of four oil thieves and a vessel, MV Tim Begele, before Justice A.M. Liman of the Federal High Court, Lagos. The convicts, Ukwuoma Ahamefula,…
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Top energy decision makers from across the Organisation of Petroleum Exporting Country (OPEC) are scheduled to meet today in furtherance of the 23-nation network’s consideration oil output. Today’s full OPEC ministerial meeting comes…
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Green Energy and Lekoil are working through financing to fund the second phase development of the Otakikpo marginal field in eastern Nigeria, currently producing around 6,000Barrels of Oil Per Day. There has been a little delay, as the…
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The Nigerian National Petroleum Corporation (NNPC) will continue its search for more crude oil in the north, despite recently discovering reserves of commercial quantity in the area, the corporation has said. The national oil company…
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The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to efficiency, openness, transparency and prudence in service delivery if it is to realise its objectives and meet the expectations of its shareholders. The…
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President Muhammadu will on Tuesday, December 1, roll out the much awaited National Gas Expansion Programme (NGEP) in Abuja. The event would herald the formal dispensing of autogas (CNG & LPG) products at two NNPC Retail Stations,…
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Marginal oil fields in Nigeria produced 1.52 million barrels of crude oil and condensates in August 2020, accounting for 2.97 per cent of Nigeria’s total oil and condensates production of 51.147 million barrels in August 2020. Marginal oil…
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Oil majors in Nigeria have hinged their investment decisions on the outcome of the Petroleum Industry Bill (PIB), and other fiscal frameworks by the Federal Government. According to them, the country did not take any major investment…
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