Valuechain - Nigeria's foremost Online Energy News Platform

…Expert advocate Stringent Policies to curb further leakage -By Fred Ojiegbe Oil revenue has over the years been the highest revenue earner for Nigeria, a development which has led to over-dependence of the country on the oil sector,…
Read More...

-By Fred Ojiegbe Decades of clamour for the review of government’s share of revenue under the Production Sharing Contracts (PSCs) between the various oil companies operating in Nigeria and the Nigerian National Petroleum Corporation…
Read More...

-By Fred Ojiegbe Indications have emerged that a growing demand for renewable sources of energy, coupled with rising fuel efficiency and a transition to electric vehicles, will hit the oil sector. Consequently, demand for oil would slow…
Read More...

-By Gideon Osaka Nigeria took a two-rig leap as its rig count rose to 17 in September, as against 15 recorded in August. This is coming at a time the Organisation of Petroleum Exporting Countries, OPEC took a five-rig leap, having…
Read More...

-By Kenny Folarin The Occupational Safety and Health Association (OSHAssociation) has reiterated the need for qualitative safety measures in combating emerging global threats in Nigeria. The Regional President of the Association,…
Read More...

The Flag Officer Commanding Eastern Naval Command, Rear Admiral David Adeniran, says his command has destroyed 128 illegal refineries between January to November this year. Besides, he said 320 persons, 8 vessels, 145 wooden boats, c of…
Read More...

President Muhammadu Buhari and other Heads of State of GECF Member Countries at the 5th Gas Summit of the Gas Exporting Countries Forum currently holding in Malabo, Equatorial Guinea Minister of State for Petroleum Resources, Chief…
Read More...

In its bid to arrest continued loss of crude oil production and to improve the revenue to the federal government, the Senate has called on the Nigerian National Petroleum Corporation (NNPC) to adopt technology in compliance to…
Read More...

Read More...

...Says Nigeria has big potential yet to be explored The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva Thursday, in his office in Abuja, received the Chairman and Chief Executive Officer of TOTAL, Patrick…
Read More...