Valuechain - Nigeria's foremost Online Energy News Platform

The Organisation of Petroleum Exporting Countries (OPEC) has said that more than one-third of the 24 countries currently working together under a negotiated framework to cut down oil outputs and inventories, to stabilise prices in the…
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The Kaduna Refining and Petrochemical Company, one of the country’s crude oil refineries that is run by the Nigerian National Petroleum Corporation (NNPC), is one of the highest tax payers to the government of Kaduna State, Mr. Nasir…
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Incus-owned Scana Offshore AS has been awarded a contract in connection with modification of anchoring equipment at Yinson Nepeta Productions Ltd (Yinson) for FPSO Allan. Incus writes in a stock exchange announcement that the production…
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Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, today announced that it has divested its residual 25% interest in Axxela Limited…
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President of Itsekiri National Youth Council (INYC), Comrade Oritseweyinmi Agbateyiniro, has threatened that except Nigerian National Petroleum Cooperation (NNPC) and Warri Refining and Petrochemical Company (WRPC) accede to their request…
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Fuel supply hitch worsens ...Marketers grumble over N145NNPC: 55 depots nationwide stocked with petroleum products The ex-depot price of Premium Motor Spirit (PMS) also known as petrol at private depots in Apapa, Lagos on Thursday…
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The Department of Petroleum Resources (DPR) on Friday warned depot owners not to connive with operators of illegal refineries to avoid sale of adulterated products to unsuspecting consumers. Mr Antai Asuquo, the Warri Zonal Operations…
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The Abuja-Kaduna-Kano (AKK) gas pipeline project received a major boost on Thursday as the Kaduna State Government pledged to join forces with the Nigerian National Petroleum Corporation (NNPC) to ensure effective optimisation of the…
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The president’s first term fell short of the changes needed to modernize the sector. Can he make headway in his second? Muhammadu Buhari, re-elected as president of Nigeria in February, has a second four-year term to revive the economy…
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-By Yange Ikyaa Shell Petroleum Development Company of Nigeria (SPDC) has said it prepared an investment portfolio of $15 billion in the country over the next 5 years. Osagie Okunbor, who is the Managing…
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