Valuechain - Nigeria's foremost Online Energy News Platform

Oil Prices Rise to a Month-High on Monday as Supplies Wane Global oil prices rose to a month-high on Monday following reports that supplies of the commodity to the global market have started waning and demands are picking up. The…
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The Oil & Gas Trainers Association of Nigeria will, on Wednesday, 20th May, 2020, hold a Webinar Interactive Session with the Director/CEO of the Department of Petroleum Resources, Engr Sarki Auwalu. Engr Sarki Auwalu, DPR Director …
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Some experts in the Oil and Gas sector have expressed concern over Federal Government’s pronouncement of deregulating the downstream oil and gas sector without a law backing it. Prof. Wumi Iledare, the former President, Nigeria…
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…As New Employees Commend Corporation for Transparent Recruitment Process The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly recruited Graduate Trainees (GTs) to…
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*Envoy dies of brain hemorrhage Hossein Kazempour Ardebili, who died on Saturday, was one of the ultimate OPEC negotiators. He was first named Iran’s OPEC governor in 1985. He survived a bombing that left him badly wounded, shrugged…
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•NNPC moves to reduce production cost After weeks of unprecedented global lockdown occasioned by the coronavirus pandemic that has ravaged businesses, forcing closures and massive supply glut in the oil market, respite appears to be on…
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The Nigerian Content Development and Monitoring Board (NCDMB) on Friday announced the launch of BrentPlus, a series of initiatives under its Nigerian Oil and Gas Technology (NOGTECH) programme that will stimulate innovations in the oil and…
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…Offers Land for Modern Health Facility The Honourable Minister of Federal Capital Territory Administration (FCT), Mallam Muhammad Musa Bello, has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) for…
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Speaker of the Nigerian House of Representatives, Femi Gbajabiamila, has called on the executive arm of government to adopt a feasible crude oil benchmark in the proposed amendment to the 2020 national budget. Speaking at a joint…
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The Honourable Minister of State for Petroleum Resources, Timipre Marlin Sylva has expressed appreciation to the Government of Saudi Arabia over its recent voluntary reduction in its crude oil production. The Saudi Government has in…
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