Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy NwanunobiThe Group Managing Director (GMD) of Aiteo Eastern E&P Ltd, Victor Okoronkwo, has declared digitisation is no longer an option, but a fundamental requirement for oil and gas companies to go leaner, as well as…
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By Teddy Nwanunobi The Minister of State for Petroleum, Chief Timipre Sylva, has expressed confidence that Nigeria’s economy will change for the better when the new Petroleum Industry Bill (PIB) is passed.Sylva, who made the…
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…Sylva says FG committed to deregulationThe Director of the Department of Petroleum Resources, Engr. Sarki Auwalu has disclosed that the department generated N2 trillion for the country in 2020, despite the downturn in the oil and gas…
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Tanzania's President John Magufuli has died aged 61, the country's vice-president has announced.He died on Wednesday from heart complications at a hospital in Dar es Salaam, Samia Suluhu Hassan said in an address on state…
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The House of Representatives have urged the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) to immediately commence operation of the Warri Refining and Petrochemical Company to improve on the production…
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The Federal Executive Council on Wednesday approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn.The decision was taken at the weekly meeting of the council presided over by…
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Crude oil, petroleum oils and oils obtained from bituminous minerals, took over 70% of Nigeria’s total value of exports in the fourth quarter of 2020, according to statistics.Newly released ‘Foreign Trade Statistics Q4 2020’ by the…
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*Nigerian Companies can only obtain gas utilisation incentives for specific operations and not for the whole companyThis amendment is contained in the Finance Act 2020, which was signed into law by the President Muhammadu Buhari in…
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By Teddy NwanunobiGroup Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has declared that, “Oil will continue to be a crucial component of the world’s future energy”, adding that it is…
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* Kyari at  WEIN/REIN Conference, promises Corporation’s continuous inclusion of women in energy value chainThe Nigerian National Petroleum Corporation (NNPC) has said that the contributions of women are key to the achievement of the…
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