Valuechain - Nigeria's foremost Online Energy News Platform

In the just concluded week, the local currency gained against the USD at the Bureau De Change (BDC) and parallel (‘black’) market segments by 0.55% and 0.27% to close N360/USD and N364/USD respectively. Also, the Naira further…
Read More...

Nigeria U20 coach Paul Aigbogun could be in hot water with his employers, the Nigeria Football Federation, following his arrest by the London Police for public disturbance, allnigeriasoccer.com exclusively reported. Aigbogun, who lives…
Read More...

There are strong indications that the Nigeria Liquefied Natural Gas (NLNG) Limited’s expansion project may experience further setbacks as shareholders failed to take a Final Investment Decision (FID) on the much publicised $12 billion…
Read More...

With crude oil price at $69 per barrel in January 2018 against the budget price of $51 per barrel, Nigeria’s economy witnessed a turn-around of sorts in its crude oil output as production was sustained at 2.2 million barrels per day for…
Read More...

Shell Petroleum Development Company of Nigeria Limited (SPDC) say it is targeting 300 million standard cubic feet of gas per day from Assa North Gas Development Project in Imo State when it comes on stream. The gas is expected to be…
Read More...

By Yange Ikyaa Solarplaza has unveiled ‘The Solar Future: Deserts of Africa’, a new platform aimed at exploring the opportunities that accompany solar PV development in Africa’s deserts. This new two-day event will be hosted in Dakar,…
Read More...

The massive importation of petroleum products better explained how the Federal Government avoided fuel scarcity this Yuletide season, even as 18 more ships laden with Premium Motor Spirit (PMS) also known as petrol, are currently waiting…
Read More...

The Department of Petroleum Resources, Kaduna Zonal Office, says it has taken adequate measures to tackle fuel diversion to the Republic of Benin, Chad and Niger. The DPR Zonal Operations Controller, Isa Tafida, stated this at a press…
Read More...

Spot activity was muted due to the Christmas holiday period but a new Nigerian grade has been added to the February loading programme, while Nigeria’s MRS issued a sell tender. The first cargoes from Total’s newly producing Nigerian…
Read More...

Some stakeholders in the oil and gas industry have advised the Federal Government to make provision in subsequent national budgets for offshore and onshore exploration activities to encourage new discoveries. They gave the advice in…
Read More...