Valuechain - Nigeria's foremost Online Energy News Platform

Oil producing communities in Akwa Ibom State, civil society organisations as well as the media have called on the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to make public the available data on the 3% Operating…
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Professor Adeola Adenikinju who is the President of the Nigeria Economic Society (NES), has expressed concerns over the current state of fuel production in Nigeria. Despite the inauguration of the Dangote Refinery, he noted…
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The Lagos Chambers of Commerce and Industry (LCCI) has said that the Nigerian government should supply crude oil to Dangote Refinery at N1000 per dollar exchange to crash the price of Premium Motor Spirit (Petrol). The President of…
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Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPC), has lost his 25-year-old daughter. Details of her death were sketchy as of the time of filing this report, but NAN reported that…
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With the removal of petrol subsidy in Nigeria, vehicle owners are now forced to consider compressed natural gas (CNG) as a viable option to save them from the high cost of purchasing fuel. On August 19, 2023, the government, led by…
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The federal government on Friday, October 11, signed a Gas Sales and Purchase Agreement (GSPA) with Shell Petroleum Development Company (SDPC) JV for the $3.3 billion Brass Fertilizer and Petrochemical Company Ltd. (BFPCL). Speaking…
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*Buhari, Emefiele Former deputy governor of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has given former President Muhammadu Buhari a clean bill of health in the controversial naira redesign policy of the former governor of the…
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The federal government has approved a new policy allowing petroleum product marketers to purchase Premium Motor Spirit (PMS), commonly known as petrol, directly from local refineries, including the Dangote Refinery. According to The…
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The federal government has announced the full deregulation of the petroleum industry in Nigeria, saying oil marketers were free to purchase their products from any source. Before now, the Nigerian National Petroleum Company (NNPC)…
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A formee President Goodluck Jonathan's Aide, Reuben Abati has slammed Minister of State for Petroleum, Heineken Lokpobiri, for saying Nigeria is expecting a $50bn investment in the oil sector by December. While speaking in Abuja on…
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