Valuechain - Nigeria's foremost Online Energy News Platform

...Says OPEC/non-OPEC relationship to be captured in charter Dr. Mohammed Sanusi Barkindo is the Secretary-General of the Organization of the Petroleum Exporting Countries, OPEC, appointed to superintend the group’s affairs at the…
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The price of Organization Petroleum Exporting Countries, OPEC basket of fourteen crudes stood at $66.67 a barrel on Friday, compared with $67.78 the previous day, according to OPEC Secretariat calculations. The OPEC Reference…
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Through flaring of 777.37million standard cubic feet of gas daily, Nigeria burnt some 283.740.05 billion scf of gas between December 2017 and December 2018, New Telegraph has learnt. This was revealed in a correspondence exchanged…
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The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has been conferred with the highest discloser status by the global extractive industries watchdog, Extractive Industries Transparency Initiative, EITI. The NNPC, in a…
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The Shell Petroleum Development Company of Nigeria Limited (SPDC) has upped its contractor support fund with $200 million in a latest effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry. This…
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The Nigerian National Petroleum Corporation (NNPC) and its joint venture partners on Friday signed the Nigerian Content Plan agreement to move the country closer to the final investment decision (FID) on Train-7 of the Nigeria LNG project.…
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The Nigerian National Petroleum Corporation (NNPC) recorded loses in the region of N551.46bn from January 2015 to December 2018. Details of financial records published on the company’s website revealed that the national oil company…
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The Department of Petroleum Resources (DPR), says it will continue to clamp down on illegal Liquefied Petroleum Gas (LPG) Skid and stand alone operators. This, it said, was to ensure safe handling of cooking gas in the country. Mr…
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The Nigeria Liquefied Natural Gas company on Friday announced that it would take a final investment decision on its new eight million metric tonnes per annum Train-7 gas plant by the fourth quarter of 2019. It said funds were being…
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Major oil and gas companies are increasingly highlighting the alignment of their corporate strategies with climate change goals. They are also pursuing major production growth projects, but the value risk to these investments from the…
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