Valuechain - Nigeria's foremost Online Energy News Platform

*Monthly Brent spot prices will average $41/bbl during the second half of 2020 and rise to an average of $50/bbl in 2021, the US Energy Information Administration (EIA) said in its July Short-Term Energy Outlook Monthly Brent spot…
Read More...

Nigerian Content Development and Monitoring Board (NCDMB) has signed an equity investment agreement with Duport Midstream Company for the establishment of an Energy Park in Egbokor, Edo State. The Board also signed an equity investment…
Read More...

The oil price has been predicted to hit $100 per barrel in around 18 months. That’s what Orascom Investment Holding Chairman and CEO Naguib Sawiris believes, a new CNBC television interview has revealed.  “I actually believe that in,…
Read More...

TUESDAY BY REUBEN ABATI (ThisDay) A year ago, Mele Kolo Kyari was named as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). He succeeded Maikanti Baru, now of blessed memory. On July 8, 2019, the…
Read More...

After applying the largest price increases in 20 years in July Read in this article Aramco raises the selling price by $ 1.20 a barrel above the average prices of Oman / DubaiThe selling price to America increased by $ 1.65 a barrel…
Read More...

The Atlas Petroleum International at the weekend resumed work over activities and well interventions on OML 109 in Nigeria in order to enhance production from the Ejulebe marginal field. Awarded to Atlas Petroleum International in 1991,…
Read More...

The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention Fund from US$200 million to US$350 million. The enlargement of the Fund by US$150…
Read More...

ByIdris Bugaje,Kaduna Polytechnic The Ajaokuta-Kaduna-Kano (AKK) pipeline is a 40-inch diameter, 614-km long natural gas pipeline recently launched by President Muhammadu Buhari, marking a very significant infrastructure thrust with…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen and reposition NNPC for greater efficiency, transparency and…
Read More...

The Nigerian Content Development and Monitoring Board (NCDMB), has disclosed that the country is developing various projects to promote commercialization and utilization of gas and the Board is supporting federal government’s vision in…
Read More...