Valuechain - Nigeria's foremost Online Energy News Platform

Oil prices climbed on Friday, on track for a weekly gain of more than 4%, as Ukraine’s attacks on Russia’s energy infrastructure prompted Moscow to curb fuel exports. Brent futures gained 89 cents, or 1.28% to $70.31 a barrel.U.S.…
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The face-off between Dangote Refinery and the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), would end soon, as the House of Representatives Committee on Petroleum Resources (Downstream) on Friday vowed to resolve issues…
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Dangote Refinery has confirmed that only a few staff members were affected following the sack of many Nigerian workers who joined the Petroleum and Natural Gas Senior Staff Association (PENGASSAN).Naija News reported that Dangote…
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Vice President Kashim Shettima yesterday pitched Nigeria’s $200 billion energy transition opportunity to global investors.He said the country is strategically positioned as the natural hub for the African Continental Free Trade…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), on Tuesday, rejected alleged plans by the federal government to sell significant stakes…
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In the past few days, the nation has once again been thrown into darkness due to another collapse of the national grid. This has become a consistent problem, underscoring the fact that the national grid is no longer fit for purpose. …
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Alison-Madueke submitting the subsidy probe report to Jonathan in 2012On Monday, Femi Otedola, the billionaire businessman, alleged that under President Goodluck Jonathan, over N2 trillion was siphoned through questionable…
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NUPRC CCE, Engr. Gbenga KomolafeThe Energy Governance Alliance (EGA), a coalition advocating transparency and reforms in Nigeria’s oil and gas industry, has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and…
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The newly established Ibeto Seaport and Terminal Command of the Nigeria Customs Service (NCS) has recorded a revenue of ₦4.24 billion within just two months of commencing operations. The pioneer Customs Area Controller, Comptroller…
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The Central Bank of Nigeria on Monday will begin its 302nd Monetary Policy Committee meeting. This comes as the Centre for the Promotion of Private Enterprise urged for an interest rate and cash reserve ratio cut.The 302nd two-day…
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