Valuechain - Nigeria's foremost Online Energy News Platform

With many oil and gas companies struggling to stay afloat amid the current market situation, exploration activity in the country has suffered a decline as the number of active rigs fell by 33.33 per cent in July. Data obtained by our…
Read More...

Saudi Arabia’s King Salman bin Abdulaziz and Nigerian President Muhammadu Buhari discussed efforts taken to stabilise and rebalance global oil markets in a telephone call, Saudi state news agency SPA reported on Wednesday. The two…
Read More...

Nigeria’s oil ministry will present a long-awaited oil and gas reform bill to the president in the coming days aimed at boosting output and attracting foreign investment, three sources close to the negotiations told Reuters. The…
Read More...

The Nigerian Petroleum Development Company an upstream subsidiary of the Nigerian National Petroleum Corporation contributes a total of one billion Standard Cubic Feet Of Gas Per Day to the country’s production volume. The NNPC Group…
Read More...

Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited has been jailed in the United Kingdom. This was in line with the deal Ultimate Oil and Gas, the trading arm of Rahamaniyya Oil in the Dubai Multi…
Read More...

The Former Managing Director of Niger Delta Power Holding Company (NDPHC), James Olotu has said the three power plants along  Ajaokuta , Kaduna and Kano( AKK) with over 1300mw capacity, have  promises of efficient gas utilisation and power…
Read More...

The Society of Petroleum Engineers (SPE), Nigeria Council, on Tuesday said the passage of the Petroleum Industry (PIB) bill would boost investors’ confidence in the Nigeria’s oil and gas sector. Mr Joseph Nwakwue, Chairman, SPE Nigeria,…
Read More...

The Department of Petroleum Resources (DPR) says the recently-inaugurated Nigerian Gas Transportation Network Code (NGTCN) will address gas infrastructure development in the country. According to a statement signed by Mr Paul Osu, Head,…
Read More...

Downstream oil and gas company Rainoil has launched a Liquified Petroleum Gas (LPG) facility with a tank capacity of 8000 metric tonnes at Ijegun, Lagos The LPG business also offers a fleet capacity of about 40 LPG trucks that would…
Read More...

Malian soldiers have arrested the country’s president, Ibrahim Boubacar Keita and Prime Minister Boubou Cisse. It had reported that soldiers on earlier on Tuesday rounded up senior government and military officers in Kati town…
Read More...