Valuechain - Nigeria's foremost Online Energy News Platform

Managing Director and Chief Executive Officer (CEO) of UTM Offshore Ltd, owners of Nigeria’s first indigenous Floating Liquified Natural Gas (FLNG), Dr. Julius Rone, has been crowned in Paris as the award winner of Invest in Africa…
Read More...

Why are BRICS countries so gung-ho about dedollarization? Well, picture this: they’re kinda fed up with the US dollar hogging the spotlight in global trade and finance. It’s like they’re saying, “Hey, we’re big players too!” First…
Read More...

*National Automotive Design and Development Council set to commence accreditation of CNG conversion workshops. *The move is to ensure safety and standard amid plans let Nigerians use CNG as an alternative and cheaper transportation…
Read More...

The Organisation of the Petroleum Exporting Countries says that Nigeria’s dwindling daily oil production turned a corner in April, increasing marginally from 1.23 million barrels per day in March to 1.28 million barrels per day in…
Read More...

Dangote refinery in Lagos reportedly plans to purchase at least 24 million barrels of US crude oil over the next year as it increases its processing capabilities. The $20 billion refinery, established by Africa s richest man…
Read More...

Seplat Energy Plc has announced the commissioning of the ANOH gas processing plant by the President of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu GCFR on 15th May 2024. The ANOH Gas Processing Company (AGPC),…
Read More...

World Bank The World Bank has blacklisted 58 Nigerian companies and individuals for engaging in corrupt practices, a move that comes as part of the institution’s ongoing efforts to uphold integrity and transparency in its projects and…
Read More...

Mr. Olayemi Cardoso The Central Bank of Nigeria (CBN) has granted approval-in-principle (AIP) to 14 new International money transfer operators (IMTOs) in its bid to double foreign currency remittance flows through formal channels. …
Read More...

Pre-paid meters The Senate has approved a $500 million loan request by President Bola Tinubu to finance the mass metering programme of the federal government. The president’s request was approved by the upper legislative chamber on…
Read More...

The commission said the 2024 block licensing round would last for approximately nine months The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Tuesday, announced the commencement of the 2024 oil block licensing round.…
Read More...