Valuechain - Nigeria's foremost Online Energy News Platform

A businessman who sells off his controlling stake in a successful and lucrative organisation is either stupid or a genius. However, Femi Otedola is not a fool, as his exploits in the Oil and Gas industry speaks volume. Last year,…
Read More...

The Independent National Electoral Commission has decided to shift Saturday’s presidential and National Assembly elections till next week 23 February. It was one of the decisions reached early today in a crunch talk between INEC…
Read More...

INigeria’s aspiration of unlocking over 10billion barrels of deep water oil reserves was accentuated with the signing of the crucial Heads of Terms Agreement among the Nigerian National Petroleum Corporation (NNPC) and its production…
Read More...

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, spoke with journalists at the sidelines of the flag-off of drilling activities in the Kolmani River II Oil Well, near Barambu village in…
Read More...

Crude oil price rose yesterday to $63 per barrel after top exporter, Saudi Arabia, said it would cut crude exports and deliver an even deeper cut to its production. While the global benchmark crude, brent crude rose by 77 cents at…
Read More...

*Says the ANOH project is designed to provide the linkage between the Eastern, Western and Northern gas pipeline system. The Nigerian National Petroleum Corporation (NNPC) has announced the execution of Final Investment Decision (FID)…
Read More...

Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in December, figures from the Ministry of Petroleum Resources has revealed. This is…
Read More...

This certainly is no good news for Nigeria’s reputation among the comity of nations as Nigeria just featured on a list of dirty-money nations released by the European Union. Nigeria, Ghana, Saudi Arabia and Panama were named in a…
Read More...

The Nigerian Navy, said that the nation lost over a whopping 277,040, barrels of crude oil through illegal oil bunkering activities in 2018. This was as the nation also lost about 223.1million liters of Automated Gasoline Oil(AGO),…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has signed a Final Investment Decision (FID) with its Joint Venture (JV) partners – Shell Petroleum Development Company (SPDC), Total Exploration and Production Nigeria (TEPNG), and…
Read More...