Valuechain - Nigeria's foremost Online Energy News Platform

The Organisation of Petroleum Exporting Countries (OPEC) has warned that rising geopolitical tensions across the world was still an existential challenge to a stable oil market in 2019. It also noted the potential impact of…
Read More...

Foreign investment inflow into the Nigeria oil and gas industry declined sharply by 59.7 per cent to $133.51 million in 2018, compared to $331.36 million recorded in 2017, according to data obtained from the National Bureau of…
Read More...

...As report tips China, Nigeria as emerging major refiners The planned $12 billion Dangote Refinery has enhanced the ranking of Nigeria as one of the major contributors to global refining between 2019 and 2023. The nation is…
Read More...

Nigerian National Petroleum Corporation (NNPC) has announced to boost domestic gas supply by developing 4.3 tcf Assa North/Ohaji South Fields (ANOH) in OML 21, operated by NNPC and joint venture partners including Shell Petroleum…
Read More...

The latest outburst by the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, that oil theft was still a major concern for Nigeria has left many Nigerians bewildered and disappointed that the menace they had thought was a thing…
Read More...

Petrocam Trading Nigeria Limited has opened a new solar-powered fuel station in Lagos, increasing the number of its retail outlets to 10. The Managing Director, Petrocam Trading Nigeria, Mr Patrick Ilo, said at the inauguration…
Read More...

Rising imports of US crude oil into Asia in the past few months will bring stronger competition in the months ahead for crudes from Nigeria and other West African countries, traders have said. S&P Global Platts reported that…
Read More...

The world of oil and gas is no stranger to scandal, with a number of environmental and financial controversies taking place in the offshore industry. Offshore Technology explores five of the biggest oil and gas industry scandals, from…
Read More...

The world’s third largest crude producer – Saudi Arabia, is seriously ‘courting’ India, which also happens to be Nigeria’s biggest crude market. Saudi’s Crown Prince, Mohammed bin Salman, last week visited New Delhi where he met with…
Read More...

The PAN Learning Centre, in conjunction with the United Nations Development Programme Technical Skill Acquisition Programme, has provided extensive training for 78 persons, including 20 ladies, in auto mechanics, auto mechatronics,…
Read More...