Valuechain - Nigeria's foremost Online Energy News Platform

Stakeholders in the economy, especially the oil and gas sector, have renewed the push for total deregulation of the downstream oil industry. Their worry is that the huge foreign exchange (forex) spent on fuel importation through subsidy…
Read More...

Review of a new report has revealed that Nigeria's petroleum products pipelines are in a state of disrepair and need to be fixed or replaced The outcome of a study commissioned by the Nigerian National Petroleum Corporation (NNPC) to…
Read More...

The Federal Government has placed orders for the importation of 30 coaches and 300 wagons to be deployed on the Lagos-Ibadan railway when the project is completed. According to the Minister of Transportation, Rotimi Amaechi, the coaches…
Read More...

The Nigerian independent Eroton Exploration and Production Company Limited has successfully refinanced the facility it took from Guarantee Trust Bank to purchase the 45% of Oil Mining Lease (OML) 18 in the eastern Niger Delta. Eroton…
Read More...

At a time the oil cartel, the Organisation of Petroleum Exporting Countries, OPEC, embarked on an 800,000 barrels per day production cut for the next six months, with Nigeria contributing about 40,000 barrels, the country’s rig count took…
Read More...

PAN Nigeria Limited has reiterated its determination to boost vehicle production at its world class Assembly Plant in Kaduna and remain the leading assembler in Nigeria. PAN Nigeria Limited was incorporated in 1972 as a joint venture…
Read More...

The Central Bank of Nigeria (CBN) yesterday released its Treasury Bills Issuance Programme for the first quarter of 2019. In all, the central bank will sell treasury bills worth N907.880 billion this quarter. A breakdown of the debt…
Read More...

Oil rallied today (Wednesday) on continued optimism over U.S.-China trade talks and industry data pointing to a fall in domestic inventories, pushing U.S. futures back above $50 a barrel for the first time since mid-December. West Texas…
Read More...

The Naira entered Tuesday’s trading session in a steady fashion amid optimism over US-China trade talks and rebounding oil prices. Although a majority of emerging market currencies were impacted by a stabilizing Dollar, the Naira stood…
Read More...

...Being a lecture delivered in Angola by OPEC Secretary-General, Dr. Mohammed Sanusi Barkindo It is both a pleasure and privilege to be in the great nation of Angola this morning. Angolan hospitality is world-renowned, and my team and…
Read More...