Valuechain - Nigeria's foremost Online Energy News Platform

…As NASS plans to amend NOGIC Act -By Gideon Osaka The local content policy of the Federal Government may not achieve the expected results if the issue of capacity utilisation is not urgently addressed, oil industry stakeholders…
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-By Gideon Osaka The pivotal role oil and gas plays in the Nigerian economy is immeasurable. The sector contributes an estimated 56.8% of National revenue according to the Central Bank of Nigeria (CBN) Quarterly Economic Report Q4…
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…Board to record US$360m Annual Turnover from Partnerships -By Danlami Nasir Isah The Nigerian Content Development and Monitoring Board (NCDMB) recently organised an onboarding capacity building workshop for members of the Senate…
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-By Fred Ojiegbe The Managing Director of Total Exploration and Production Limited, Mike Sangster has described the Egina Floating Production Storage Offloading, FPSO, as an unprecedented technology game-changer in Nigeria’s oil…
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-By Fred Ojiegbe The international oil companies, IOCs may not be keen to fully harness the gas potential of Nigeria unless there is a guaranteed sustainable payment for the product, Engr. Yusuf Usman, Chief Operating Officer, (COO)…
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The Nigerian Content Development Monitoring Board (NCDMB) has stated that over 80 per cent of the Nigerian content intervention fund has been disbursed to contributors of the fund. Indeed, the Board stated that the contributors have…
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At the backdrop of the announcement of the Federal Government's plans to rehabilitate the country's refineries by the Minister of State, Petroleum Resources, Timipre Sylva, experts in the petroleum downstream industry have said that the…
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…Executive Secretary champions closer collaboration in Africa Oil Sector The African Petroleum Producers Organization (APPO) has applauded the Nigerian Content Development and Monitoring Board (NCDMB) for its effective promotion of…
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*Explores floating of Ship Repair Centre in Nigeria under a PPP Arrangement The Shipowners Association of Nigeria (SOAN) led by its President, Dr. Mkgeorge O. Onyung paid a high-value visit to the Honorable Minister of State for…
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His comments came amid speculation that there is tension in the alliance, known as OPEC+, over whether to cut oil production furtherPrices continue to be weighed on by ample supply and falling demand and, lately, fears surrounding the…
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