Valuechain - Nigeria's foremost Online Energy News Platform

The minister of state, Petroleum Resources (Gas), Ekperikpe Ekpo, has said that Nigeria is fast- tracking efforts to transform the country’s gas resources to increasingly serve as a catalyst for industrialisation, power generation,…
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Adewale Adeniyi The Comptroller-General of Customs (CGC), Adewale Adeniyi, has pledged the full support of the Nigeria Customs Service (NCS) for the realisation of Nigeria’s ambition to build a $1 trillion economy, stressing the need…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has recovered over 50 fallow oil fields for new licensing rounds following a strict enforcement of the Petroleum Industry Act (PIA) provisions on acreage management,…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said it has recovered more than 50 fallow oil fields from licence holders who failed to meet their development obligations under the Petroleum Industry Act, saying it will…
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Former Cross River State Governor Donald Duke has questioned the high cost of petroleum products in Nigeria, saying the prices are adding to the financial difficulties faced by ordinary citizens. Duke spoke during an interview with…
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There was a time when some everyday services came without an extra charge. From road tolls to shopping bags and other little conveniences, Nigerians could enjoy them without having to dig deeper into their pockets. But as businesses…
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Shell Nigeria Exploration and Production Co. has engaged a one-well option for Borr Drilling’s Nattjackup rig offshore Nigeria. Borr disclosed this in its recent contracting updates. This should keep the rig contracted to…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has scheduled a new licensing round for 2026 as part of an aggressive strategy to expand the country’s oil production capacity. The regulator also unveiled plans to…
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Prof Wumi Iledare Energy expert and petroleum economist, Prof. Wumi Iledare, in an interview on Arise, explained that the question about the N11.2 trillion should be about the value the country derived from the expenditure. “Energy…
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…As NUPRC approves 120 FDPs, records $47bn investment commitments in 5 years Oritsemeyewa Eyesan The federal government yesterday opened the 2026 Nigerian Licensing Round, putting 40 oil blocks across onshore, shallow-water, and…
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