Valuechain - Nigeria's foremost Online Energy News Platform

The federal government has unveiled the Nigerian Content Development and Monitoring Board (NCDMB) gas hub on a 10.6-hectare piece of land, which was earlier proposed as a pipe mill for the oil and gas industry in 2013. The Minister of…
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Shell Petroleum Development Company (SPDC) on Friday said it has filed an appeal for a stay of execution of the ruling of the Rivers State High Court affirming the enforcement of the purported acquisition of interests in the company’s…
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Society for Petroleum Engineers (SPE) Nigeria Council, has called for a review of the marginal fields bid round programme. The Chairman of SPE Nigeria Council, Joe Nwakwe, made the disclosure during a press briefing in Lagos on Tuesday.…
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Banks have cut access to dollars for individuals, businessesForeign-exchange scarcity poses long-term risks to markets Nigeria’s foreign-currency shortage is squeezing the life out of Africa’s biggest economy. Banks won’t honor card…
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...Says New Status to Deepen Commitment to Accountability & Transparency The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over…
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Honourable Minister of State for Petroleum Resources, Timipre Sylva has affirmed a proposal by the World Energy Forum (WEF) to host it’s annual international energy congress in Nigeria come October 2021. The event which was held in Abu…
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As is contained in the Agency’s latest report titled ‘Truck-out report for 13th August 2020-PMS’, the product was shared among the 36 states of the federation with Lagos getting the lion share of 11, 130, 389 litres within two days. …
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The Nigerian National Petroleum Corporation (NNPC) has ruled out the sale of its multi-billion dollars equity in oil assets across the country to investors, declaring that this is the wrong time to venture into that. Group Managing…
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…Nigeria independents currently account for 25% of total production output …Oil industry has experienced frequent fall of prices in the last twenty years …New indigenous players arising from 2020 bid rounds will develop the country’s…
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…Association Advocates Enhanced Exploration and Production Business in Nigeria …Brisk Response to PIB Passage to Guarantee Investors’ Confidence …Financing the Sector to augment Post Covid-19 issues in the industry arising from…
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