Valuechain - Nigeria's foremost Online Energy News Platform

President, Nigerian Association of Petroleum Explorationists (NAPE) Mr. Alex Tarka, has blamed delay in the passage of Petroleum Industry Bill (PIB) for the stunted growth of exploration activities in the oil and gas sector. Tarka made…
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Nigerian Content Development and Monitoring Board (NCDMB) has signed equity investment agreements with Duport Midstream Company. The agreement will see the establishment of an energy park in Egbokor, in the country’s midwest and Eraskon…
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Government, in March this year, announced total deregulation of petrol across the country, but Nigerians still pay average of N11.9 billion every month to ensure the uniform price of fuel across the country. Following forced removal of…
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Stakeholders in the oil and gas sector in Nigeria have called for a review of the localisations of oil and gas free zones for global competitiveness. The stakeholders spoke at the Webinar organised by SING Nigeria, a good governance and…
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Widespread agitations for review of the 2004 power sector privatization in Nigeria may have fallen on its face following the assertive declaration last weekend by the chairman of the Senate Committee on Power, Gabriel Suswan, the deed…
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Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Oil prices have decreased due to an increasing number of coronavirus (Covid-19) cases and tensions between the US and…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned against proposed plans to scrap the Petroleum Equalisation Fund (PEF). The association said Nigerians in many parts of the country would be forced to buy…
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…Collaboration among stakeholders should be imbibed …Research and Development: key to industry reforms …Friendly fiscal framework for investors by the government The perturbation of every stakeholder in Nigeria oil and gas…
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The Economic and Financial Crimes Commission, EFCC, at the weekend, secured the conviction and sentence of two oil thieves, Oghenovo Emmanuel and Abdullahi Hassan Bika to five years imprisonment, before Justice M. L. Abubakar of the…
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Senator representing Oyo Central at the National Assembly, Oloye Teslim Folarin, on Sunday revealed the rationale behind the invitation of the Minister of Transportation, Mr. Rotimi Amaechi, Minister of state for petroleum, Timipre Sylva…
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