Valuechain - Nigeria's foremost Online Energy News Platform

PricewaterhouseCoopers (PwC) has described gas discoveries in Nigeria as disappointing over the last decade despite the country being a major gas consumer. This is according to its November 2023 Africa Energy Review report. The…
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First Independent Power Limited (FIPL), has signed a long-term contract with General Electric (GE) for the maintenance of its GT 13E2 Gas Turbine until 2031. This strategic partnership signifies a major milestone in FIPL’s mission to…
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TotalEnergies has said, Thursday that oil production is not affected by the Egina field leak, assuring that it is actively managing an oil spill that occurred on November 15 during loading operations. It was reported that Charles…
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The Nigerian National Petroleum Company Limited has expressed its capacity to supply petroleum products to last beyond the Yuletide. The Group Chief Executive Officer, NNPC, Mallam Mele Kyari, said this when he led a delegation on a…
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Nigeria And Angola are currently holding high level talks with the Organization of Petroleum Exporting Countries, OPEC, pleading for higher oil output slot. Some OPEC officials told Reuters on Thursday, that the two countries are…
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African countries with new, large scale hydrocarbon projects, are campaigning that the global energy transition should not lead to shutting the door in their faces. The continent has been debating the need for a sizeable financing…
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Grangemouth Oil Refinery Scotland’s only oil refinery is set to close as soon as 2025, dealing a blow to the local economy and the UK’s fuel security. The Grangemouth plant outside Edinburgh will be turned into a fuel-import…
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Oil prices recorded more loss on Thursday, after the Organisation of Petroleum  Exporting Countries (OPEC) announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while equities were mixed after two US…
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The Nigerian National Petroleum Corporation Limited (NNPC) has disclosed the country will start exporting petroleum products from 2024. The Group Group Chief Executive Officer of NNPC, Alhaji Mele Kyari made the disclosure when he…
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By Patience Chat Moses Nigeria’s premier oil company, Shell, has reaffirmed its continuous support to education in Nigeria, building on its scholarship and allied programmes which have helped thousands of Nigerians to acquire skills…
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