Valuechain - Nigeria's foremost Online Energy News Platform

The Department of Petroleum Resources (DPR) has threatened to shut down erring stations and ensure that any marketer who sells petrol above N145/litre government approved price is punished. Speaking yesterday during a meeting with…
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said that the country cannot afford to halt crude oil production as a result of disagreements between host communities and oil operators. Kachikwu warned that…
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Africa’s oil producers will be looking up to Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to help them attract as much as $1 billion they intend to invest in building energy infrastructure across the continent, a…
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The rising tide of light U.S. shale oil has largely swept away comparable grades of Nigerian oil from American shores and is putting them under pressure in Europe. But steady Indian and Indonesian demand has helped lift price…
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Despite its position as the second largest producer of Liquefied Petroleum Gas, LPG, industry expert have attributed blames to the government for stalling progress of LPG per capita usage in country. According to Dr. Louis Ogbeifun of…
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Vice President, Yemi Osinbajo, has said the ongoing Ogoni Clean-up/remediation efforts, the establishment of modular refineries in the Niger Delta,the Gas Flare Commercialization Programme and the Presidential Amnesty programme that has…
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The Nigerian Gas Association has concluded arrangements to hold its forthcoming Business Forum and Annual General Meeting (AGM), with focus on the need for Nigeria to efficiently leverage the strategic role which its gas reserves play in…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on Department of Petroleum Resources (DPR) to sanction depot owners selling petrol above ex-depot price of N133.28K per litre. Debo Ahmed, Chairman, IPMAN…
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Nigeria’s Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has been re-elected the President of the African Petroleum Producers’ Organisation, APPO, for the year 2019, as Nigeria is appointed Joint Ministerial Monitoring…
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United States’ sanctions against Iran and Venezuela, fighting in Libya and production cuts led by the Organisation of Petroleum Exporting Countries (OPEC) yesterday pushed crude oil price to a five-month high of $70 per barrel, as…
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