Valuechain - Nigeria's foremost Online Energy News Platform

…Records 47 Per cent decrease in pipeline vandalism The Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating to an average daily production of…
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The Department of Petroleum Resources (DPR) has expressed concern over non-compliance to established protocols aimed at the containing COVID-19 pandemic by some oil and gas companies. The DPR, which is the regulator of the Nigerian oil…
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The Train 7 project is set to commence in earnest as the Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian LNG Limited Tuesday  held the kick-off meeting of the Engineering, Procurement and Construction (EPC)…
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The Organisation of Petroleum Exporting Countries (OPEC), today kicked off the celebrations of its 60th anniversary by holding a special technical workshop 'OPECat60' via videoconference. The workshop was declared open by the…
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*Why DPR extended application by one week*Petroleum ministry expects over 500 applications Although Nigeria had put up 57 marginal oil fields for its next bid rounds, over 300 applications have been received, SweetcrudeReports can…
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Oil prices are set to fluctuate around the $40 mark for the foreseeable future as there is too much downside risk for them to move much higherAll eyes should be on Iraq this week as it puts forward a plan to achieve full compliance to the…
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Russia’s Rosatom State Corporation says it has signed Memoranda of Understanding (MoU) with Framatome SAS, France and GE Steam Power in the framework of the strategic investor selection procedure for the Belene Nuclear Power Plant (NPP) in…
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The Nigerian Maritime Administration and Safety Agency (NIMASA) said it is projecting to generate up to N1billion in revenue per month from its multimillion-dollar floating dockyard, which is currently idling away in Lagos. The…
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The Marginal Field Bid Round of 2003 produced some indigenous operators in Nigeria’s oil and gas upstream space. At present, there are more than 10 indigenous oil companies producing while some have metamorphosed from marginal field into…
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The Management of Ibadan Electricity company Plc (IBEDC), has expressed concern over incessant cases of vandalism across its network. Its Chief Operating Officer, Mr. John Ayodele expressed this displeasure in a statement on Friday. …
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