Valuechain - Nigeria's foremost Online Energy News Platform

…Nigeria can save Africa $17bn petrol import bill- Dangote The bold step by the federal government for full deregulation of the downstream sector is seen to address the recurrent petrol shortages that have plagued Africa’s biggest…
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The federal government has introduced a new website that allows users to convert their petrol-powered vehicles to compressed natural gas (CNG) and opt for a pay-later option for the conversion costs. This is contained in a statement…
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The oil market slowed down by more than 4 per cent on Tuesday following news of a possible ceasefire between Hezbollah and Israel. This shrank the price of Brent crude by $3.75 or 4.63 per cent to $77.18 a barrel and weakened the US…
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According to reports, Major oil marketers are set to begin direct purchases of Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery starting between Thursday and next week, following the Nigerian National Petroleum Company…
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Executive Chairman, Petroleum Technology Association of Nigeria (PETAN), Engineer Wole Ogunsanya (left), presenting the association Award for “Excellence to an Astute and Visionary Technocrat” to the Managing Director, Shell Petroleum…
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Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe with the Board Top Management Staff in a group photograph with some members of the Nigerian Association of Energy Correspondents after the Board’s breakfast meeting with Media…
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OPEC The crude oil market faces a critical juncture, driven by escalating geopolitical tensions in the Middle East and questions over global spare production capacity. Traders are caught between the potential for significant supply…
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OPEC The crude oil market faces a critical juncture, driven by escalating geopolitical tensions in the Middle East and questions over global spare production capacity. Traders are caught between the potential for significant supply…
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Africa is home to a variety of strong currencies, each with unique historical and economic backgrounds that contribute to their strength on the global stage. Despite various economic challenges, certain African currencies have…
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Brent and Nigerian oil blends recorded a rebound to around $78 per barrel on Friday from a low of $70 amid escalating tensions in the Middle East, which heightened fears of supply disruptions. Particularly, data from Oil.price.com…
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