Valuechain - Nigeria's foremost Online Energy News Platform

TGS-PetroData is to commence a regional Multi beam and Seafloor Sampling (MB&SS) Programme, covering 80,000 square kilometres of both allocated and non-allocated blocks from offshore to deep offshore Niger-Delta, in December 2019. …
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The department of Petroleum Resources Kano directorate has sealed off two facilities over alleged involvement in illegal processing of substance suspected to be petroleum Resources. The two illegal refineries were discovered in two…
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President Muhammadu Buhari on Tuesday said if Nigeria had followed her own programme for exploiting its gas reserves, the country would have been earning more money from the product than from petroleum now. The President said this when…
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*The Oil Producers Trade Section had told the National Assembly that the terms they expressly passed would affect up to $55.5bn and revenue of about $10bn by 2030 The Nigerian Government might be willing after all to go back on some of…
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...Explains Offshore Law Amendment Group  Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mr.Mele Kyari, has raised the alarm over impending depletion of the nation’s oil reserves currently at 37 billion barrels.…
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… Says Deep Offshore Act Amendment Long Overdue The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on oil and gas professionals in the Country to…
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Barring any change, the Nigerian Government will next year conduct a fresh round of licensing for untra-deepwater assets in the country. This was disclosed by the Group Managing Director, Nigeria National Petroleum Corporation (NNPC) Mr…
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The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva today, received the Chairman and Managing Director of ExxonMobil in Nigeria, Mr. Paul McGrath, who also doubles as the Chairman of the Oil Producers…
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A tanker loaded with 33,000 litres of petroleum product have been arrested by officials of the Nigeria Customs Service in Baure Local Government, Katsina State, while attempting to cross to the border to Niger Republic. The Comptroller,…
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-By Kenny Folarin The Deputy Senate President, Senator Ovie Omo-Agege has assured Nigerians that the National Assembly will strengthen the nation's extant laws as they relate to rape. This, he noted, was with a view to protecting…
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