Valuechain - Nigeria's foremost Online Energy News Platform

Participation of Nigerians in the country’s oil and gas industry and value retention has hit 60 per cent, the Minister of State Petroleum Resources (Oil) Senator Heineken Lokpobiri disclosed in Abuja Monday during a courtesy call by of…
Read More...

Aliko Dangote said abandoning his refinery was never a viable option because the project was intended to help Nigeria end fuel-subsidy costs of about $10 billion a year. The Dangote Group president said the facility also had to…
Read More...

Top officials of Nigeria’s petroleum industry and their counterparts from the Democratic Republic of Congo (DRC) at Abuja on Monday, during a courtesy call by the Congolese delegation that visited Nigeria to understudy NCDMB’s local…
Read More...

Aliko Dangote has recalled how the sale of three Nigerian refineries to his group was cancelled during the administration of the late President Umaru Musa Yar'adua.Speaking during an interview on Al Jazeera English, Dangote said…
Read More...

…No immediate plans for electricity tariff hike, says minister Joseph Tegbe The Nigerian Electricity Supply Industry (NESI) hit a new generation peak of 5,330MW during August and September.The Minister of Power, Mr Joseph Tegbe,…
Read More...

(Getty Images) ToplineDiesel prices in the U.S. rose above $6 per gallon for the first time ever early on Friday, raising fears of more inflation, after renewed fighting between the U.S. and Iran earlier this week pushed both global…
Read More...

Oil prices dropped to their lowest in 11 days on Monday, as investors hoped to see diplomatic progress on the Iran war with the UN meeting this week, as well as a partial recovery from shipments in Saudi Arabia.On Monday, Both…
Read More...

Nigeria is hoping to activate the first batch of 500 Compressed Natural Gas (CNG) refuelling stations by the end of October 2026 as it expands infrastructure for CNG-powered transportation across Nigeria.According to the Executive…
Read More...

The continuous wavy movement of the price of premium motor spirit (PMS) has come to be one of the most disrupting and distorting trends in the three-year economic reform efforts of the President Bola Ahmed Tinubu administration.…
Read More...

***To be merged with 2027 budget, as 2024/25 outstanding remains huge ***FG to request 3rd extension for implementation of 2024/25 budget***MDAs lament non-release of fundsThere are indications that the Federal Government’s (FG)…
Read More...