Valuechain - Nigeria's foremost Online Energy News Platform

Taiwo Oyedele The Federal Government has announced a fresh package of measures to cushion the impact of high petrol prices on Nigerians, including a 30-day margin discount at NNPC Limited stations, a proposed ₦1,350 per litre ceiling on…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed two filling stations in Port Harcourt, Rivers State, for allegedly under-dispensing petroleum products to motorists and other consumers. The…
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Nigeria’s crude oil production has reached 1.8 million barrels per day (mb/d), according to the Nigerian National Petroleum Company (NNPC) Limited. This increase represents a notable recovery for the country, which has faced years of…
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The minister of state, Petroleum Resources (Gas), Ekperikpe Ekpo, has said that Nigeria is fast- tracking efforts to transform the country’s gas resources to increasingly serve as a catalyst for industrialisation, power generation,…
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Adewale Adeniyi The Comptroller-General of Customs (CGC), Adewale Adeniyi, has pledged the full support of the Nigeria Customs Service (NCS) for the realisation of Nigeria’s ambition to build a $1 trillion economy, stressing the need…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has recovered over 50 fallow oil fields for new licensing rounds following a strict enforcement of the Petroleum Industry Act (PIA) provisions on acreage management,…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said it has recovered more than 50 fallow oil fields from licence holders who failed to meet their development obligations under the Petroleum Industry Act, saying it will…
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Former Cross River State Governor Donald Duke has questioned the high cost of petroleum products in Nigeria, saying the prices are adding to the financial difficulties faced by ordinary citizens. Duke spoke during an interview with…
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There was a time when some everyday services came without an extra charge. From road tolls to shopping bags and other little conveniences, Nigerians could enjoy them without having to dig deeper into their pockets. But as businesses…
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Shell Nigeria Exploration and Production Co. has engaged a one-well option for Borr Drilling’s Nattjackup rig offshore Nigeria. Borr disclosed this in its recent contracting updates. This should keep the rig contracted to…
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