Valuechain - Nigeria's foremost Online Energy News Platform

Today, Friday, the President of Nigeria, Muhammad Buhari, may have signed the revised federal budget, according to the tweet of Bishr Ahmed, a Presidential Aide. Revised Nigeria budget revenue is based on the assumption of $ 25 a barrel…
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Chief Executive of Canadian Overseas Petroleum Limited (LON:COPL), Arthur Millholland has said that “with the commercial terms settled in the agreement in principle, the legal language over a number of agreements has taken time to…
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The Department of Petroleum Resources, Gombe State field office, has organised a technical session for its oil and gas technical partners in the state. The Controller, DPR Gombe field office, Mr Yahaya Maishera, said the technical…
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Nigeria’s excess crude account held $72.41 million as of July 7, the country’s finance minister said on Thursday. Zainab Ahmed gave the figure during a meeting of the country’s National Economic Council. The oil savings account, which…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged the newly reconstituted Board of the Petroleum Products Marketing Company (PPMC) to sustained all-season availability of…
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On this day in 2018, The Valuechain Oil and Gas Magazine was launched in the capital city of Abuja by the Managing Director of Spectrum Engineering, Engr. Sadiq Abubakar Isa. He was ably supported by the Special Guests of Honour…
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The Nigerian National Petroleum Corporation (NNPC) paid about N1.7 trillion to the Federation Account Allocation Committee (FAAC), between February 2019 and February 2020, the national oil company has said. Figures from its full monthly…
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In the light of recent misguided comments and insinuations, the Federal Government has stated that it has been appropriate for the Ministry of Petroleum to explain the misconceptions on the issue of deregulation of petroleum products. …
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It was his testimony  that people gave him monetary gifts on occasions such as birthdays, thanksgiving services, and other celebrations he hosted after he left service. The defendant who was led in evidence by his counsel, …
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The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas supply to power plants which translates to 788millon standard cubic feet of gas per day (mmscfd),…
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