Valuechain - Nigeria's foremost Online Energy News Platform

The Director of the Department of Petroleum Resources (DPR) Engr. Sarki Auwalu has said that the Federal government is coming out with the National Acreage Management Strategy (NAMSTRA) before the end of this year.NAMSTRA is expected to…
Read More...

*Venue remains The management of The Valuechain Magazine hereby announces the postponement of its event (3rd Valuechain Public Lecture & Awards), earlier scheduled for Monday 13th July, 2020. The this year's event with the…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture. The…
Read More...

The leaking pipeline at Aboru, a suburb of Lagos contained water and not petrol as speculated on social media, sources at the Nigerian National Petroleum Corporation, NNPC, said. “We were carrying out integrity upgrade of Atlas…
Read More...

The Department of Petroleum Resources (DPR) says over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oil fields in the country. Auwalu Sarki, director of DPR, made the disclosure while speaking…
Read More...

As Mele Kyari marks his first year in office today at the helm of affairs of the Nigerian National Petroleum Corporation (NNPC), players in the oil and gas industry are showering his leadership with plaudits. Kyari’s leadership at the…
Read More...

*Monthly Brent spot prices will average $41/bbl during the second half of 2020 and rise to an average of $50/bbl in 2021, the US Energy Information Administration (EIA) said in its July Short-Term Energy Outlook Monthly Brent spot…
Read More...

Nigerian Content Development and Monitoring Board (NCDMB) has signed an equity investment agreement with Duport Midstream Company for the establishment of an Energy Park in Egbokor, Edo State. The Board also signed an equity investment…
Read More...

The oil price has been predicted to hit $100 per barrel in around 18 months. That’s what Orascom Investment Holding Chairman and CEO Naguib Sawiris believes, a new CNBC television interview has revealed.  “I actually believe that in,…
Read More...

TUESDAY BY REUBEN ABATI (ThisDay) A year ago, Mele Kolo Kyari was named as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). He succeeded Maikanti Baru, now of blessed memory. On July 8, 2019, the…
Read More...