Valuechain - Nigeria's foremost Online Energy News Platform

As leading OPEC producers downplayed fears of crippled demand growth in an attempt to calm the oil market on Monday, the cartel is said to be considering extending the ongoing production cuts or even deepening them to stave off excessive…
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Eni signed a new long term contract for the purchase of 1,5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG), a joint venture between NNPC, Shell, Total and Eni (with Eni having a participating interest of 10.4%). …
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The Nigerian public oil company (NNPC) has announced that it will conclude by the start of the second quarter a financing agreement of 2.5 billion dollars which will be used to build the largest gas pipeline in the country, called AKK…
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…13,000 beneficiaries emerge in Nasarawa Nigerian government’s project of supplying 1000 units of cooking gas to rural women in each of the 774 local government areas nationwide, under the National Cooking Gas program, has started with…
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Brent crude fell below $60 last Friday, triggering in some quarters that Nigeria’s 2020 budget may be in some threat. The budget was prepared with the oil benchmark of $60 per barrel. A report last week by Business Post said…
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Nigeria is set to increase its number six global ranking in gas production and first in Africa with the recent Final Investment Decision (FID) for the Nigerian Liquefied Natural Gas (NLNG) Train 7 project last December 27, in…
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Seplat Petroleum Development Company Plc plans to acquire more assets in the exploration and production sector of the Nigerian oil industry while aggressively pushing for organic growth. Chief Executive Officer, Seplat Petroleum…
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By Emmanuella Edun-Adedeji. This subject is a tall order in the implementation of man's primary make-up, yet it is one most people love to shy away from. Passing the buck is as old as time, it was clearly evident in the Biblical garden…
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…Vows to curb pipeline vandalisation The Nigerian Pipelines and Storage Company (NPSC), one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), on Thursday, said it generated N44.4bn in…
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It may be unbelievable, but it looks to be true according to what Vice president Osinbanjo said to the gentlemen of the press. The Vice President was seen helping out a petrol attendant at an Oando fuel station in Lagos. The federal…
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