Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria’s Platform Petroleum will participate as a Bronze Sponsor of the Invest in African Energy (IAE) 2024 forum in Paris, as the indigenous operator seeks new capital and technologies to further develop Nigeria’s marginal…
Read More...

If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded. Freight…
Read More...

The Federal Government is aiming to attract about $10bn worth of investment through the signing of the consolidated guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector. The guidelines, a cornerstone…
Read More...

The new development that empowers states to generate, transmit and distribute electricity in areas covered by the national grid can improve electricity access across the country and promote rapid industrialisation, analysts say. …
Read More...

The Organisation of Petroleum Countries (OPEC) of which Nigeria is a member, has said that its daily basket price of oil price stood at $89.64 A Barrel as at last Wednesday. The price of OPEC basket of twelve crudes stood at $89.64…
Read More...

By William Emmanuel Ukpoju In a strongly-worded statement, former Executive Secretary of the Nigerian Content Monitoring and Development Board (NCDMB), Simbi Wabote, has dismissed allegations made by Minister of State for Petroleum…
Read More...

By Ese Ufuoma Dangote Petroleum Refinery has disclosed substantial price reductions for diesel and aviation fuel. Diesel now stands at N940 per litre, while aviation fuel is priced at N980 per litre. This latest move follows…
Read More...

Asks Adaobi Rhema Oguejiofor The Federal Government has remained adamant and insistent that fuel subsidy has been removed, faulting the likes of the Former Kaduna State governor, Nasir El-Rufai, and the Independent Oil Marketers…
Read More...

By Patience Chat Moses Minister of Power, Adebayo Adelabu, has said that the Federal Government is making plans to increase power generation from 4000 Megawatts to 6000 by the end of 2024.Adelabu said this in Abuja on Monday…
Read More...

The Nigerian government has fixed the price of Compressed Natural Gas at $1.57MMBtu. Programme Director/Chief Executive Officer, Presidential Compressed Natural Gas Initiative (PCNGi) Michael Oluwagbemi disclosed this in a statement…
Read More...