Valuechain - Nigeria's foremost Online Energy News Platform

…backs FG on downstream deregulation …says PEF money is marketers’ money …denies protest against NNPC GMD The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to receive N250 billion fund to finance…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June 2020 in its operations,Dr. Kennie Obateru, Group General Manager, Group…
Read More...

President of the Senate, Ahmad Lawan, has said for Nigeria to experience exponential growth in the economy, efforts must be made to strengthen the country’s local content capacities particularly against the backdrop of realities that are…
Read More...

Nigeria’s power sector has recorded losses amounting to N365 billion in the first half of 2020, H1’20, attributable to insufficient gas supply, distribution and transmission infrastructure. This represents 23% increase…
Read More...

The World Bank has said that it would start the disbursement of the $750 million it approved for Nigeria’s Power Sector Recovery Programme (PSRP) next year and complete the exercise in 2023. Nigeria’s Power Sector Recovery Programme is…
Read More...

The new chief executive officer of Seplat Petroleum Development Company Plc, Mr Roger Brown, has said that local oil companies deserve special support from the federal government if oil production restriction, which requires reducing their…
Read More...

The Central Bank of Nigeria (CBN) has capped the maximum loan an obligor can access under its N250 billion intervention fund for the gas sector at N10 billion. This is contained in a guideline released on Monday, titled, “Framework for…
Read More...

The Nigerian Electricity Regulatory Commission (NERC) has issued a directive that power distribution companies (DisCos) can collect about 85.84% of the newly increased electricity tariffs from affected customers between September and…
Read More...

The Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Mr. Bayo Ojulari has charged industry players, especially indigenous companies in the Nigerian oil and gas industry to be creative, embrace…
Read More...

The fourth edition of the Nigeria International Petroleum Summit (NIPS 2021) will be a pan-African platform to chart the way forward for the oil and gas industry on the back of production adjustments, COVID-19 induced economic downturn and…
Read More...