Valuechain - Nigeria's foremost Online Energy News Platform

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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Nigeria LNG (NLNG) has selected Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its Bonny Island liquefaction plant in Finima, Nigeria, Siemens reported Wednesday. “With more than 20 years of safe and…
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Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is committed to ensuring the elimination of gas flaring from Nigeria’s oil and gas fields within the next three years. Sylva said that the move…
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The Nigerian National Petroleum Corporation (NNPC) has disclosed that between July 2019 and July 2020, Nigeria flared more gas than it supplied to its domestic industries, averaging about 600.38 million standard feet per day (mmscf/d). …
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