Valuechain - Nigeria's foremost Online Energy News Platform

By Saidu Abubakar In furtherance of its long-standing support to African oil and gas producing countries and development of local content in the continent, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in…
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Nigeria’s crude oil production in July rose to 1.307 million barrels of crude oil daily. This is according to July’s monthly oil market report released by the Organisation of Petroleum Exporting Countries, OPEC. The figure showed…
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Owners of refineries in Nigeria have said that the country cannot continue to keep the businesses of fuel importers anymore, stating that Nigeria should be talking about fuel export at the moment. Speaking under the auspices of the…
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Petroleum marketers in Nigeria have declared the actual price of Premium Motor Spirit (PMS), commonly known as petrol, at filling stations.According to the marketers, the correct price of petrol should be N1,500 per litre, citing a gap…
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By William Emmanuel Ukpoju Shell Companies in Nigeria (SCiN) has emerged as the Best Exhibitor at the 2024 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers (SPE) held in Lagos from August…
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By William Emmanuel Ukpoju The Nigerian Electricity Regulatory Commission (NERC) recently held a town hall meeting and complaint resolution forum in Calabar, Cross River State, where electricity consumers' complaints were addressed…
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…Excluding Anambra, Kaduna The Federal Capital Territory (FCT) and 34 states received 438 billion Naira in July from the federal government, according to Senior Advocate of Nigeria (SAN) Femi Falana, in a recent video posted by…
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Global oil demand growth must accelerate in the coming months to absorb the planned increase in oil supply by OPEC+ starting in October. The current economic slowdown and uncertainties, especially in the U.S. and China, pose…
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According to Independent Nigeria, Chief Olabode George, a former Deputy National Chairman of the Peoples Democratic Party (PDP), has called on the Federal Government to clarify the current state of the oil sector in Nigeria. …
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Former President Olusegun Obasanjo has reportedly issued a warning to people making money from the lucrative fuel importation industry that they will try to sabotage the Dangote Petroleum Refinery’s operations. His remarks followed…
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