Valuechain - Nigeria's foremost Online Energy News Platform

The 2020 Petroleum Industry Bill (PIB) that is presently before members of the National Assembly will substantially reduce environmental pollution in the oil-producing areas of the Niger Delta when passed into law. Aside a ban on the…
Read More...

Africa’s oil and gas industry is facing a financial onslaught as a result of a combination of COVID-19, activist shareholders and the so-called Greening of IOCs such as Shell, Total and BP. While the oil majors all seem to be preparing…
Read More...

…Calls for Collaboration among Downstream Players across Africa The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the…
Read More...

Nigeria aims to end the country’s so-called oil-for-fuel swaps system in the near future and rely instead on oil products from local refineries, which it hopes to have running again by 2023, the head of Nigeria’s national oil company NNPC…
Read More...

The Managing Director of the Nigerian Liquefied Natural Gas (NLNG), Mr. Tony Attah, has said Nigeria’s challenge in the gas sector has never been the shortage of good guidelines and policies, but the will power to execute them. Attah…
Read More...

Shell Nigeria Gas (SNG) said it would continue to optimise its onshore footprint while investing in gas development in Nigeria. This came as the company commissioned an indigenous contractor, Gredor Nigeria Limited, to begin the…
Read More...

The Petroleum Industry Bill (PIB) 2020, has listed the specific functions of the three agencies that will replace the Nigerian National Petroleum Corporation (NNPC), when passed by the National Assembly and assented to by  President…
Read More...

Former Commissioner for Finance in Imo State, Prof. Uche Uwaleke has said the deregulation of the downstream petroleum sector and removal of petroleum subsidy by the Federal Government will benefit the ordinary Nigerian. He added that…
Read More...

Last week the Petroleum Industry Bill (PIB) presented to the National Assembly by President Buhari passed first reading at the Senate. Same is expected at the House of Representatives when plenary resumes. From the statements coming…
Read More...

The new Petroleum Industry Bill, 2020, currently before the National Assembly, is proposing the establishment of a specialized intervention mechanism, called the Midstream gas Infrastructure Fund, to deepen gas usage in the country. …
Read More...