Valuechain - Nigeria's foremost Online Energy News Platform

Five innovative teams were at the weekend selected as the winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Nigerian Content Development and Monitoring Board (NCDMB). The teams are Fuel Intellisense,…
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It is four years since Alhaji Ahmed A. Bobboi, the Executive Secretary of the Petroleum Equalisation Fund (Management) Board took over the baton of leadership at the agency, saddled with the responsibility of reimbursing petroleum…
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OPEC's expected supply/demand balance would result in Organisation for Economic Co-operation and Development (OECD) commercial stocks standing well above the latest five-year average in 3rd Quarter of 2020, Secretary-General of OPEC, His…
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A pipeline was discovered to have been vandalised in the early hours of Friday in Lagos State as a pipe was found to have been connected to a facility belonging to the Nigerian National Petroleum Corporation (NNPC) to steal petrol. The…
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Vice President Yemi Osinbajo has encouraged Nigerians to embrace new energy following the increment in petrol prices following international oil market impact. Prof Osinbajo on Thursday during The Africa Reports’ Digital…
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…As Kyari Assures of Resolution of Forex Issue The Downstream Sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria (MOMAN), have lauded the Federal Government for the courage to tackle…
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President Muhammadu Buhari has renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources. This was confirmed by a statement by the Special Adviser on Media and Publicity, Femi Adesina, on…
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NNPC & Sterling Global have signed off on agreements for monetization of Oil Mining Lease (OML) 143. This latest development will help increase NNPC's footprints in the downstream gas market and a potential revenue of $500-600m to…
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The Nigerian National Petroleum Corporation in a bid to unlock the over $500m revenue gas market, has entered into collaboration with Sterling Oil Exploration and Energy Production Company Limited. The agreement was sealed on Friday at…
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In order to achieve the target of reducing the cost of oil production in Nigeria on a sustainable basis, the Nigerian National Petroleum Corporation, NNPC says indigenous companies operating in the nation’s oil and gas industry must…
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