Valuechain - Nigeria's foremost Online Energy News Platform

...Nigeria's budget 2019 gets boost Nigeria’s budget 2019 yesterday got a boost as oil prices surged to a two-month high as ongoing crisis sweeping Venezuela continues to have a huge impact on global commodity markets. Brent crude…
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The Chief Executive Officer, OVH Energy, a licensee of the Oando retail brand, Huub Stokman has advocated for development of Nigeria’s capacity to refine crude locally to engender growth in the nation’s economy. Speaking at the just…
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Federal Government has been accused of failing to show the necessary commitment needed to end gas flaring in the Nigerian petroleum industry. This was the view of former Chairman of the Nigerian Electricity Regulatory Commission,…
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*FG records N3.4tr deficit in 2018 *Oil price rises to $63.02 Nigeria’s oil revenue shop up by 129 percent to N9.4 trillion in 2018 buoyed by increased crude oil price. Vanguard analysis revealed that average price of…
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The Nigerian National Petroleum Corporation (NNPC) is finding it difficult to access funds from private investors to undertake most of its oil and gas operations because it is unable to show that it is transparent, efficient in…
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Minister of State for Petroleum Resources, Dr. lbe Kachikwu, has been conferred with the Petroleum Training lnstitute, PTI, Life Recognition Award for his exemplary leadership, uncommon feat in nation-building. The award is also for his…
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...Baru said that the discovery of hydrocarbons takes many years, adding that oil was discovered in Niger Delta after 50 years of exploration Nigeria National Petroleum Corporation, NNPC has declared that it will take a several…
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The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price. This ends the speculation…
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The leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have urged the federal government to expedite passage of the Petroleum Industry Bill (PIB). …
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The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price. This ends the speculation about how…
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