Valuechain - Nigeria's foremost Online Energy News Platform

The crude oil production cut agreed by members of the Organisation of Petroleum Exporting Countries (OPEC) to rebalance the market could pose more challenge for Nigeria and other oil exporters, analysts at FSDH Merchant Bank have stated. …
Read More...

The Nigerian National Petroleum Corporation (NNPC) has published audited financial statements online in a bid to improve transparency around its operations. Bloomberg reported that the corporation has been criticised for years of…
Read More...

Apex group of stakeholders in Nigeria’s gas sector, the Nigerian Gas Association (NGA), has bemoaned the worsening debts profile of power sector in gas-to-power value chain, stating that this is already taking a toll on the industry’s…
Read More...

The Department of Petroleum Resources (DPR), Nigeria’s oil sector regulator, has released what it described as the strategic plan and policy for the survival and success of the industry post Covid-19. A statement by the organisation…
Read More...

The World Bank and the Extractive Industries Transparency Initiative (EITI), the global standard for the promotion of openness in the oil, gas and mineral resources management, have disclosed that Nigeria has so far recovered about N1.2…
Read More...

The Department of Petroleum Resources, DPR has extended the deadline for registration to bid for Nigeria’s marginal oilfields. A report by Reuters on Thursday said registration which was earlier slated to end on June 14 has been…
Read More...

Nigeria had previously failed at complying completely with its promised cuts in past months. The nation’s current daily oil production has now fully complied and surpassed the mark with its promised cuts under an agreement among major…
Read More...

By Babagana Haliru Since the outbreak of the COVID-19 pandemic in the country when the Nigerian National Petroleum Corporation (NNPC) rallied its partners in the Oil and Gas Industry to make some strategic interventions in the Health…
Read More...

Nigeria’s crude oil reserve has hit 36.89 billion barrels while its natural gas reserve is 203.16 trillion cubic feet, placing the country among the top 10 countries with largest gas reserves in the world, according to the Nigerian…
Read More...

In continuation of the nationwide Oil & Gas Industry intervention Initiative on COVID19, th Group Managing Director, GMD of the NNPC, Mallam Mele Kolo Kyari was earlier today in Delta State, where he led the Industry Initiative to…
Read More...