Valuechain - Nigeria's foremost Online Energy News Platform

Samsung Heavy Industries (SHI), said it has invested over $400 million in the Nigerian oil and gas industry since the global shipbuilding giant was awarded the contract to build the Floating Production Storage Offloading (FPSO) vessel for…
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It is often said that necessity is the mother of invention. The crises that bedevilled the petroleum products supply chain, especially Premium Motor Spirit (PMS), informed the Federal Government’s decision in May 2003 to set up the…
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Stakeholders in Nigeria’s energy ecosystem have said that retaining the current subsidy regime in the country’s petroleum downstream segment is unsustainable as it produces inefficiency in the value chain, thus impeding industry progress. …
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MT Africa Gas and MT Sahara Gas has delivered 437,170 metric tons of liquefied petroleum gas (LPG), known as cooking gas to the domestic market thus boosting penetration of the product in the country. The vessels were unveiled in Ulsan,…
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Three of Nigeria’s international customers who were supplied up to 300 megawatts (MW) of electricity in 2018, are still indebted to the country, a quarterly report from the Nigerian Electricity Regulatory Commission (NERC) has disclosed. …
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The Nigerian National Petroleum Corporation (NNPC) has said that the ongoing attempts by politicians to drag its name into partisan politics was a potent danger to the corporation’s business interests, contract deals and MoUs which…
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...Says the plant, being built near Lagos and designed to process 650,000 barrels of crude daily, is running to deadline Nigerian billionaire Aliko Dangote said he’s on schedule to finish by next year, his $15 billion oil refinery,…
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...DPR generated N1.3trn in 2018 The federal government has revealed that it has so far disbursed a total of N 2.231 trillion to 35 state governments from 2016 to date as palliatives measures to support States to pay salaries and…
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Total , French oil company has embark on a 60,000bpd Ikike project in the OML 99 licence offshore Nigeria. The company has earmarked Ikike project for a final investment decision (FID) Other projects earmarked for FID include the…
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The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, on Tuesday, inaugurated the executive board of the African Petroleum Producers’ Organization (APPO). Kachikwu, who is currently the Chairman of APPO, said that…
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