Industry

Nigerians could soon pay up to N1,000 per litre for petrol, as rising global oil prices fueled by escalating Iran-Israel tensions rattle the international energy market. The surge follows recent US-Israeli airstrikes on Iran’s…
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<img src="https://www.thevaluechainng.com/wp-content/uploads/2025/06/image-27.webp" alt="" class="wp-image-71329" title="States Seek $500m World Bank Loan to Tackle Poverty<br…
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Ekperikpe Ekpo The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called for regional collaboration and innovation to build a resilient African gas economy. Speaking during the Africa Gas Innovation Summit…
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The Transmission Company of Nigeria, TCN, has announced the restoration of normal bulk electricity supply to the six states in North-east Nigeria. TCN spokesperson, Ndidi Mbah disclosed this in a statement on Sunday. The power…
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World Bank The Federal Government is currently in advanced discussions with the World Bank to secure an additional $65m for the Sustainable Procurement, Environmental, and Social Standards Enhancement Project, according to findings by …
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured petroleum host communities in Ondo on the full implementation of the Petroleum Industry Act (PIA) 2021 and its effective compliance by settlers and the nominated…
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Shell’s long-running attempts to dodge responsibility for oil pollution in Nigeria have failed, at least for now. A London High Court judge has ruled that Shell plc and its Nigerian subsidiaries, must face a full trial in 2027 over…
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The Naira-for-Crude initiative has ignited a profound debate in Nigeria’s economic landscape, yielding tangible results, such as the consistent drop in petrol prices. It is a development warmly received by many citizens. Meanwhile,…
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“Change is a law of life. Those who look only to the past or present are certain to miss the future.” —John. F. Kennedy Change, by its definition, is dynamic and transitory, certainly apt in the fast evolving world. The…
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The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has reaffirmed that the Federal Government of Nigeria remains firmly committed to unlocking dormant oil fields as a crucial strategy to boost the nation’s oil…
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