Valuechain - Nigeria's foremost Online Energy News Platform

Dangote Refinery and Petrochemical has so far awarded $368 million worth of contracts to 120 local contractors as part of its contribution to Nigeria’s content development initiative. Group Executive Director, Strategy, Portfolio…
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…Corporation says marketers not importing are seeking higher margin The Nigeria National Petroleum Corporation (NNPC) has allegedly driven oil marketers out of the business of importation of Automotive Gas Oil (AGO) or diesel by making…
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Oil production from fields in Nigeria in 2018 were 70,166,496 (70 million) barrels more than what were produced in 2017, a report by the Nigerian National Petroleum Corporation (NNPC) has disclosed. The document titled: “NNPC Monthly…
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The Economic and Financial Crimes Commission, EFCC, says it has taken delivery of eight suspected oil thieves, including Cameroonians allegedly caught while bunkering illegally refined PMS, from the Nigerian Navy Ship, NNS Victory. NNS…
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The Chairman and Chief Executive Officer of Oilserv Group, Mr. Emeka Okwuosa, has said that efforts were being put in place to ensure that the Obiafu-Obrikom-Oben (OB3) ‘LOT B’ gas pipeline being handled by his company was completed by…
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With the global energy transformation defining the energy landscape and world economies, fossil fuel will still account for 53 per cent of the world energy demand even up to 2040. This was made known by the Chief Executive Officer,…
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Nigeria may save more than $5 billion annually if the country deregulates its downstream petroleum sector, the immediate past president of the Nigerian Association of Energy Economists (NAEE), Prof. Wumi Iledare, has disclosed. Speaking…
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A former Nigerian president, Goodluck Jonathan, has repeated his claim that he did nothing wrong when his government brokered the controversial Malabu oil deal. A statement by Ikechukwu Eze, media adviser to the former president,…
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Daily, about 126 heavy-duty trucks jot across a massive land area that is seven times the size of Victoria Island. This is aside the 750 heavy-duty equipment stationed in what is clearly one of the biggest construction projects in any…
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Japan is pushing the limits of rail travel as it begins testing the fastest-ever shinkansen bullet train, capable of speeds of as much as 400 kilometers (249 miles) per hour. Called the Alfa-X, the train is scheduled to go into service…
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