Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Corporation (NNPC) has forged a formidable alliance with some key stakeholders in the Downstream Sector of the Petroleum Industry with a view to stamping out the ugly incidences of oil pipeline vandalism…
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-By Kenny Folarin The Nigerian Content Development and Monitoring Board (NCDMB) has targeted 70% Practical Nigerian Content (PNC) in the oil and gas sector, latest 2027. Executive Secretary of the NCDMB, Simbi Wabote, while…
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Timipre Sylva, Mele Kyari to discuss crude theft at NEITI’s policy dialogue Timipre Sylva, the minister of state for petroleum resources, and Mele Kyari, the group managing director of the Nigeria National Petroleum Corporation (NNPC)…
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-By Kenny Folarin The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded steady increase in its revenue base, raking in N5.5billion in 2016, N7.6billion in 2017 to…
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-By Kenny Folarin The Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia, yesterday in Vienna, agreed on additional output cuts of 500,000bpd. It is said to be one of the deepest output cuts this…
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged oil service operators, under the aegis of the Petroleum Technology Association of Nigeria (PETAN), to focus more on gas…
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The federal government is said to have commenced a fresh move to recover about N20 trillion from six defaulting oil companies as part of the revenue accruing to Nigeria. The Nation puts the amount at about $62,190,679,793.00 billion…
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His Excellency Manuel Salvador Quevedo Fernandez, Venezuela’s People’s Minister of Petroleum and President of the OPEC Conference 2019, welcomed Nigeria’s Minister of State for Petroleum Resources, Chief Timipre Sylva and the Saudi Energy…
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*Petroleum Minister fully represented The Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva was Thursday represented by his Chief of Staff/Senior Technical Assistant, Engr. Moses Olamide at the Roundtable on…
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The Federal Government of Nigeria (FGN) inaugurated 89 individuals from five (5) different key agencies to ensure and enforce transparency and accountability in the distribution of petroleum products in the country. Speaking at a brief…
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