Valuechain - Nigeria's foremost Online Energy News Platform

-By Gideon Osaka The recent directive by the Securities and Exchange Commission, SEC, to Oando Plc, to appoint new directors and hold a general meeting by July 1, 2019, thereby compulsorily resigning the Chief Executive Officer, Wale…
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-By Gideon Osaka Diverse reactions have continued to trail the recent revocation of six oil blocks belonging to five companies, announced by the Department of Petroleum Resources, DPR, on behalf of the Federal Government. Valuechain…
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-By Gideon Osaka After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the…
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-By Fred Ojiegbe Comrade Francis Olabode Johnson, President Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) died in the early hours of Friday 31st May 2019 at National Hospital Abuja. Mr Johnson, who hailed…
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-By Benjamin Ike As a pointer to its pivotal Corporate Social Responsibility (CSR) project, a self-regulatory business model that helps a company to be socially accountable to itself, stakeholders and the public at large, the Kaduna…
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The Federal Government has reconstituted the ministerial steering committee (SteerCo) of the Nigerian Gas Flare Commercialization Programme (NGFCP) in the Ministry of Petroleum Resources (MPR) A press release from the Ministry…
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A Federal High Court Sitting in Lagos has ordered the interim forfeiture to the Federal Government of some jewellery,a customised gold iPhone worth N14bn ($40m) recovered by the Economic and Financial Crimes Commission, EFCC in the…
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Operating and service oil and gas companies that default in remitting one per cent of the value of their contracts to the Nigerian Content Development Fund (NCDF) would henceforth be blocked from participating in the industry tendering…
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The Nigerian National Petroleum Corporation (NNPC) is soon to introduce a new model, tagged the Incorporated Joint Venture (IJV), to ease the funding of joint venture projects that have suffered delays due to financial hitches. Former…
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The retiring Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, yesterday, stated that the Nigerian petroleum industry would attract over $48.04 billion investments, in terms of capital…
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