Valuechain - Nigeria's foremost Online Energy News Platform

-By Yange Ikyaa Africa’s foremost businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote, has made yet another critical intervention in the educational sector of Nigeria by donating hostel complex to the Ahmadu Bello…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has warned that Nigeria is facing stiff competition from new oil and gas discoveries in Africa and the world. Owing to this, the NNPC…
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Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), announced its first quarter results. Information contained within this release is un-audited and is subject to further review.Financial performance summary Revenue of…
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Investors who get the nod of the federal government to capture and commercialise flared gas in the ongoing Nigerian Gas Flare Commercialisation Programme (NGFCP) will be handed over their preferred flare sites by May 2020, a timeline of…
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A Federal High Court Lagos, Tuesday, further adjourned until July 2, a 69 million dollars suit filed by the Federal Government (FG) of Nigeria, against Chevron Petroleum Nigeria Ltd, seeking to recover Oil Revenue. The FG filed the suit…
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*To export gas to European countries The Nigerian National Petroleum Corporation, NNPC, has said it plans to link the proposed Nigeria-Morocco gas pipeline to the existing Maghreb-Europe gas pipeline. Nigeria-Morroco gas line…
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Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the three months period ended March 31, 2019. …
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Nigeria’s crude production may rise further by additional 160,000 barrels per day (bpd) with the completion of Pan Ocean Oil Corporation Nigeria Limited’s three oil and gas infrastructure. Although Federal Government key assumptions and…
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Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV) confirms that at about 10:00 p.m. on Thursday, April 18, 2019, a fire was observed at the…
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Nigeria needs to grow local refining capacity to 1.52million barrels per stream daily (BPSD) to meet the need of premium motor spirit (PMS), the Nigerian National Petroleum Corporation (NNPC) has said. Its Group Managing Director (GMD),…
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