Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured petroleum host communities in Ondo on the full implementation of the Petroleum Industry Act (PIA) 2021 and its effective compliance by settlers and the nominated…
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Shell’s long-running attempts to dodge responsibility for oil pollution in Nigeria have failed, at least for now. A London High Court judge has ruled that Shell plc and its Nigerian subsidiaries, must face a full trial in 2027 over…
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The Naira-for-Crude initiative has ignited a profound debate in Nigeria’s economic landscape, yielding tangible results, such as the consistent drop in petrol prices. It is a development warmly received by many citizens. Meanwhile,…
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“Change is a law of life. Those who look only to the past or present are certain to miss the future.” —John. F. Kennedy Change, by its definition, is dynamic and transitory, certainly apt in the fast evolving world. The…
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The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has reaffirmed that the Federal Government of Nigeria remains firmly committed to unlocking dormant oil fields as a crucial strategy to boost the nation’s oil…
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The Dangote Refinery Dangote Petroleum Refinery has adjusted its ex-depot petrol price upward to ₦880 per litre, an increase of ₦55 from the previous rate of ₦828. The new pricing was confirmed by petroleumprice.ng, a daily product…
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The National President of the National Palm Produce Association of Nigeria (NPPAN), Alphonsus Inyang, has said Nigeria can generate wealth beyond oil from tree crops if the Federal Government adopts the right policy approach and…
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File photo to illustrate story Private downstream oil marketing companies are now supplying nearly 20 million litres of petrol daily across Nigeria without financial backing from the Federal Government. This is according to leaders…
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Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Olufemi Soneye, has officially stepped down from his role, ending a 20-month tenure marked by what many have described as a…
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Flows of foreign direct investments into Nigeria and other developing economies, a key propellant of economic growth and higher living standards, have dwindled to the lowest level since 2005 amid rising trade and investment barriers, a…
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