Valuechain - Nigeria's foremost Online Energy News Platform

The World Bank and the Extractive Industries Transparency Initiative (EITI), the global standard for the promotion of openness in the oil, gas and mineral resources management, have disclosed that Nigeria has so far recovered about N1.2…
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The Department of Petroleum Resources, DPR has extended the deadline for registration to bid for Nigeria’s marginal oilfields. A report by Reuters on Thursday said registration which was earlier slated to end on June 14 has been…
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Nigeria had previously failed at complying completely with its promised cuts in past months. The nation’s current daily oil production has now fully complied and surpassed the mark with its promised cuts under an agreement among major…
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By Babagana Haliru Since the outbreak of the COVID-19 pandemic in the country when the Nigerian National Petroleum Corporation (NNPC) rallied its partners in the Oil and Gas Industry to make some strategic interventions in the Health…
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Nigeria’s crude oil reserve has hit 36.89 billion barrels while its natural gas reserve is 203.16 trillion cubic feet, placing the country among the top 10 countries with largest gas reserves in the world, according to the Nigerian…
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In continuation of the nationwide Oil & Gas Industry intervention Initiative on COVID19, th Group Managing Director, GMD of the NNPC, Mallam Mele Kolo Kyari was earlier today in Delta State, where he led the Industry Initiative to…
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Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country is working on building a condensate refinery towards the goal of self-sufficiency in refined petroleum products. Speaking on…
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Nigeria’s oil sector regulator, Department of Petroleum Resources (DPR) has released strategic plan and policy for the survival and success of the industry post COVID-19. Director/CEO of the agency, Engr. Sarki Auwalu, who made this…
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Raising hope that crude oil price may rise to $40 to $45 per barrel as countries gradually recovered from the pandemic, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari has assured that the…
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…Commences Building of Facilities in Three States Of the N21billion ($58million) pledged in kind as medical intervention by the Nigeria Oil and Gas Industry to combat COVID-19 and improve on healthcare delivery in the Country, 53 per…
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