Valuechain - Nigeria's foremost Online Energy News Platform

The need for the Federal Government to take steps towards deregulation the oil and gas industry as well as end the controversial fuel subsidy resonated yesterday at the ongoing Oil and Gas Conference and Exhibition in Abuja. …
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The Nigeria oil and gas industry is still a major investment destination in Africa grossing over 24.8 per cent of foreign direct investments coming to the African continent. This was disclosed in a press release issued by the Group…
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Nigeria’s largest independent oil producer plans to spend as much as $5 billion to boost its oil and natural gas production in the next five years. Aiteo Eastern E&P Co. plans to drill new oil wells and re-open existing ones as it…
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Barely one and half years after the Nigerian Content Intervention Fund (NCIF) was launched by the Nigerian Content Development and Monitoring Board (NCDMB), provided financial assistance to indigenous firms operating in the oil and gas…
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The Organisation of Petroleum Exporting Countries (OPEC) in Vienna on Monday re-elected Nigeria’s Mohammed Barkindo as Secretary-General for a three-year tenure. The oil bloc also approved a nine-month extension for the global oil cut. …
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The Executive General Manager, Egina Close Out/Preowei Project, Total E&P Limited, Engr. Kayode Akioye, on Monday accused insurance firms in the country of not doing enough to grow the oil and gas sector. He urged the players in the…
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The Nigerian Content Development and Monitoring Board, NCDMB, Monday, disclosed that from September, it would begin the clampdown of oil and gas companies operating in the country, who are defaulting in the remittance of the one per cent…
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There are fears of an imminent scarcity of petroleum products in parts of Niger state, Minna in particular as the Independent Petroleum Marketers of Association of Nigeria (IPMAN), Minna depot has rejected the newly introduced…
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OPEC in Vienna re-elects Nigeria’s Mohammed Barkindo as Secretary-General for a three-year tenure. Secretary General of OPEC Mohammed Barkindo The oil bloc also approved a nine-month extension for the global oil cut. Details later…
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For development in the country, Total Nigeria PLC has called on the Federal Government to ensure the enforcement of local content which would help to drive economic growth. General Manager, Nigeria Content Development, Total Exploration…
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