Valuechain - Nigeria's foremost Online Energy News Platform

By Yange Ikyaa The Enugu State Government has approved a request by the All Progressives Congress (APC) to use the 22 thousand capacity Nnamdi Azikiwe Stadium in Enugu for the planned flag off of President Muhammadu Buhari’s…
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Nigeria’s proposed 2.3 million barrels daily crude oil production capacity is achievable, key government officials have said. Since President Muhammadu Buhari presented the draft Appropriation Bill for the “2019 Budget of Continuity” to…
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By Yange Ikyaa In its continuous efforts to develop effective human capacity in the power sector across Africa, the National Power Training Institute of Nigeria (NAPTIN) has commenced the training of 80 electricity workers from…
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...Polish refiner offers to buy tonnes of Nigerian crude The Nigerian Government has extended the submission date for the first step of the licencing round for uptake of flare gas sites in the country. The submission deadline for…
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Forte Oil Plc plans to enter into talks to sell its power unit to its major investor, Mr. Femi Otedola, after it failed to secure a deal via a public tender. Forte Oil Depot Forte Oil said in a statement yesterday that it was seeking…
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The $1.46 billion Abuja-Kaduna train service, which was inaugurated on July 26, 2016 by President Muhammadu Buhari, was kicked off by President Goodluck Jonathan’s regime and has worked for over two years without interruption. The…
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OPEC on Friday published a list of oil production cuts by its members and other major producers for the six months to June, an effort to boost confidence in the move designed to avoid a supply glut in 2019. In a statement, an OPEC and…
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Nigeria’s state oil firm NNPC said on Friday it had paid $993.7 million up to September in arrears owed to its joint ventures with multinational oil companies by September, and still had to make up payments of $3.95 billion. The…
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Nigerian crude oil has been offered at its highest levels in almost a year this week, traders said, citing cheaper freight rates and shorter supply of competing grades such as Libyan crude. * Major grades such as Bonny Light and Qua…
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Following the positive steps taken by the federal government to ensure that the use of Liquefied Petroleum Gas (LPG) or Cooking Gas becomes the norm, investigation by LEADERSHIP has shown that at least N50billion would be required to start…
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