Valuechain - Nigeria's foremost Online Energy News Platform

*The Federal Government has said that a target of three million barrels per day of oil production has been set and steps are being taken to realise it before the end of 2023. This is according to the Group Managing Director of the…
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*as lawan assures passage of PIGB next year*insists review of PSC Act a done deal Minister of Petroleum Resources, Timpre Sylva has said reviewing the deep offshore and Inland Basin Production Sharing Contract Act 2004 to meet current…
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The Minister of State for Petroleum, Timpre Sylva, Monday blamed the dwindling oil reserves on none passage of Petroleum Industry Bill (PIB). He disclosed that in 12 years, between 2007-2019, only 500million barrels of oil were added to…
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EFCC may summon beneficiaries on funds receivedMaina releases documents showing how he spent the fund Information eaching us indicates that the embattled former chairman of the Pension Reforms Task Team (PRTT), Abdulrasheed Maina has…
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Country’s consumption dips by 408m litres in 51 days Nigeria has slashed N51.6 billion worth of premium motor spirit (PMS) also known as petrol being smuggling to Republic of Benin and other countries along the region. The country,…
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The Nigerian Liquefied Natural Gas Company (NLNG) has invested over 30 billion US dollars (N10.8 trillion) to build gas facilities and other infrastructures in Bonny Island, Rivers, an official said. Mr Tony Attah, Managing…
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President Muhammadu Buhari flagged off the drilling of Kolmani River II Well was in a rather colourful affair on February 2, 2019. After just seven months of drilling activities, NNPC has announced the discovery of hydrocarbon deposits…
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The Natural Oil and Gas Suppliers Association of Nigeria is to support the Federal Government in tackling the smuggling of petroleum products across Nigeria’s borders. NOGASA’s national president, Benneth Korie, who disclosed this at…
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The silence of the federal government on the provision for fuel subsidy in its 2020 budget proposal to the National Assembly is generating another dust over what becomes the fate of Nigerians in the consumption of the hydrocarbon product. …
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-By Saidu Abubakar AIPS Africa, the supreme sports journalists body in the continent has commended the Sports Writers Association of Nigeria (SWAN) and the Sports Writers Association of Ghana (SWAG), as well as the Sports Writers…
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