Valuechain - Nigeria's foremost Online Energy News Platform

The dearth of new investments in the oil sector has resulted in the degradation of infrastructure, causing frequent breakdowns, a report has revealed. CSL Stockbrokers Limited, a research and financial advisory firm, stated this in its…
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The Federal Government has commenced Environmental Impact Assessment for the proposed Edo Modular Refinery being developed by Edo Refinery and Petrochemicals Company Limited, a firm floated by the Godwin Obaseki-led Edo State Government to…
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The National Oil Spill Detection and Response Agency on Tuesday declared that crude oil theft in Nigeria could only be stopped through the application of stringent measures such as the marking of crude oil produced in Nigeria. NOSDRA…
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The Special Presidential Investigation Panel for the Recovery of Public Property says an oil giant, Mobil Producing Nigeria Unlimited (ExxonMobil), is indebted to the Federal Government to the tune of $1.6bn, The PUNCH reported. The…
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The Depot and Petroleum Products Marketers Association (DAPPMA), yesterday faulted the claims of the out-going Chief Operating Officer, Downstream of the Nigerian National Petroleum Corporation, Mr. Henry Ikem-Obih, that its members…
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*Both individuals and oil companies deposited money alleged to be gratification/bribe to the personal and corporate account of the suspect in order to get allocation of either PMS, AGO and DPK from the NNPC depot. The Special…
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In line with the anti-corruption stance of President Muhammadu Buhari’s administration, the new Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari, has pledged to further automate the operations of the…
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The Conference of Minority Tribes in Nigeria has commended President Muhammadu Buhari for the appointment of Mr. Mele Kyari as the Group Managing Director of the Nigeria National Petroleum Cooperation (NNPC), describing it as round peg…
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...Calls for another census The National Population Commission (NPC) has estimated that Nigeria's population is "about 190 million" and not the 201 million previously estimated by the United Nations (UN). The UN Population Fund had…
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President Muhammadu Buhari on Tuesday met with Maikanti Baru and Mele Kolo Kyari behind closed doors at the Presidential Villa, Abuja. Naija News reports that Baru is the immediate past Director General of the Nigerian National…
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