Valuechain - Nigeria's foremost Online Energy News Platform

The Federal Government has praised Savannah Energy, the British independent energy company focused around the delivery of “Projects that Matter”, for its substantial investment in Nigeria’s energy sector to date, saying that it…
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According to Vanguard, The Independent Petroleum Marketers Association of Nigeria (IPMAN) has noted that the complete deregulation of petrol pricing, alongside the withdrawal of NNPC Limited as the sole off-taker of petrol from the…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to halt operations nationwide due to the exorbitant cost of Premium Motor Spirit (PMS), popularly known as petrol, sold to its members by the Nigerian…
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There was a flurry of mixed reactions from social media users after the minister of state for petroleum resources, Heineken Lokpobiri made it known that he did not direct the Nigerian National Petroleum Company Limited, NNPC to stop…
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The Federal Government has distanced itself from the recent increase in fuel prices, citing the Nigerian National Petroleum Company Limited’s (NNPCL) decision to raise prices in response to prevailing market conditions.The price hike,…
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Nigeria’s  oil and gas industry remains a cornerstone of the country’s economy, with oil terminals commonly referred to as tank farms serving as crucial hubs for the storage and distribution of petroleum products. These facilities not…
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Nigerians are reacting negatively to the increase of Premium motor spirit, PMS otherwise known as fuel by the President Bola Tinubu administration a few weeks after an initial increase. The Nigerian National Petroleum Company, NNPC…
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NIGERIA’s external debt is the largest amongst all sub-Saharan African nations, despite the fact that it received debt waivers from the Paris Club, London Club or from Independent Creditors. The arrears of this debt have accumulated…
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The World Bank has approved $1.57 billion for three new projects in Nigeria, aimed at helping the country address governance challenges in the education and healthcare sectors. Others are improving primary healthcare services as…
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Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has denied instructing the Nigerian National Petroleum Resources (NNPC) to halt it's refinery's operations and focus solely on equity investment in other…
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