Valuechain - Nigeria's foremost Online Energy News Platform

-By Kenny Folarin The Federal High Court in Abuja has sentenced the Director General of the Bureau of Public Enterprise, BPE, Mr Alex Oko, to 30 days imprisonment for allegedly disobeying court order in implementing the Share…
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-By Kenny Folarin The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has tasked members of the Petroleum Technology Association of Nigeria (PETAN) on focusing more on gas development and…
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The Department of Petroleum Resources (DPR) has launched new upstream guidelines with the aim to promote efficiency, transparency and accountability in the sector. Speaking at the Annual Rig & Vessel Stakeholders Regulatory Workshop…
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The House of Representatives Wednesday mandated its committee on petroleum resources (downstream) to investigate allegations of alleged withholding of N1.343 trillion internally generated revenue by the Petroleum Products Pricing…
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Indigenous oil and gas companies have accessed 70 per cent of the Nigerian Content Development Monitoring Board, NCDMB’s, $200 million local content fund. This was revealed by the Board’s General Manager, Corporate Communications and…
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The Nigerian National Petroleum Corporation (NNPC) has signed a partnership with Nigeria Agip Oil Company (NAOC) to boost reserve base. In a statement released by the corporation, the Group Managing Director of NNPC, Mele…
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The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, yesterday in Abuja, received a delegation of the key top management of Seplat Petroleum Development Company Plc. The delegation led by the Chairman of…
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President Muhammadu Buhari today okayed Hyundai Engineering Company Limited to set up a car plant, and also rehabilitate petroleum refineries. This was contained in a statement released Tuesday by Special Adviser to the President…
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…As Iraq remains the ‘bad boy’ of the cartel Organization of Petroleum Exporting Countries, (OPEC) has resolved to exercise critical compliance control on members after it came up with a resolution on Friday to deepen production cut by…
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-By Kenny Folarin Nigeria's average daily consumption of petrol has hit 67.66 million litres, indicating an increase of 33.89 million litres when compared to daily consumption figures recorded in September 2019. A Petroleum…
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