Valuechain - Nigeria's foremost Online Energy News Platform

Nigerians faced one of their most difficult questions of the future last week when the issue of subsidy removal dominated discussions. Minister of Finance, Mrs. Zainab Ahmed had said in Washington DC, U.S.A that the country was disposed to…
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Govt to pay 19.4% of landing cost As the Senate rejects bill to phase out petrol cars in the country, no fewer than 17 vessels are jostling to berth at four petroleum jetties in Apapa with 608,302 metric tons of premium motor spirit…
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There was a fire outbreak at the Nembe Creek Truck Line (NCTL) on Sunday, forcing the management firm, Aiteo Eastern Exploration and Production Company Limited, to halt operations. The NCTL, a major crude oil transportation channel…
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The Nigerian Gas Marketing Company (NGMC) has been issued a Gas Purchase Order (GPO) by the Gas Aggregation Company of Nigeria (GACN) for the development of a Liquefied Natural Gas (LNG) plant in Ajaokuta, Kogi State. The project is a…
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●Opens talk on 2nd tranche to MOMAN, others The Central Bank of Nigeria (CBN) has begun process for the payment of N112 billion second tranche of subsidy debts to major oil marketers through a promissory note, New Telegraph has learnt. …
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A non governmental organisation, Center for Peace and Environmental Justice, (CEPEJ) has sought for partnership with federal government on workable solutions that would end crude oil theft, pipeline vandalism, illicit and local burning of…
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The Department of Petroleum Resources (DPR), at the weekend said it has sanctioned 10 filling stations caught dispensing fuel above N145 per litre government approved price in Rivers State. Its Port Harcourt Zone Operations’…
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The Organisation of Petroleum Exporting Countries (OPEC) is upbeat at the prospect of the Dangote Oil Refinery serving to drive world crude oil refining capacity increase especially in Africa by 2020. The organisation in the current…
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Golden Energy Offshore (GEO) said that the Energy Scout PSV had entered into a spot contract with Shell Nigeria Exploration and Production Company (SNEPCO) on January 19, 2019. According to the company, the Energy Scout vessel remained…
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Transparency is gradually returning to the electricity industry with government settling for Meter Asset Provider regime. This regulation by the calculation of the Nigerian Electricity Regulatory Commission (NERC), will help bridge…
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