Valuechain - Nigeria's foremost Online Energy News Platform

As of August 13, 2024, the black market exchange rate for the dollar to naira at the Lagos Parallel Market (also known as the black market) is as follows: buyers are purchasing dollars at ₦1,593, while sellers are offering dollars at…
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There is a steady and sustained dispensation of disinformation about Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited. But, what did Kyari do to upset the apple cart? Is he a victim of…
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*Kyari Urges Military To Sustain Onslaught Against Crude Oil TheftThe Nigerian National Petroleum Company Limited (NNPC Ltd) has said that 63 illegal refineries and 19 illegal pipelines connections were discovered in Bayelsa, Akwa…
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The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has revealed that each of the 109 senators in the National Assembly earns N1,063,860 million salary and allowances per month.RMAFC chairman, Mohammed Bello Shehu…
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By William Emmanuel UkpojuPresident Bola Tinubu on Monday inaugurated 30 locally-manufactured Compressed Natural Gas (CNG)-powered buses with a combined passenger capacity of 3,000. The hybrid buses, donated by the Depot and…
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By Saidu AbubakarIn furtherance of its long-standing support to African oil and gas producing countries and development of local content in the continent, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in…
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Nigeria’s crude oil production in July rose to 1.307 million barrels of crude oil daily. This is according to July’s monthly oil market report released by the Organisation of Petroleum Exporting Countries, OPEC.The figure showed…
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Owners of refineries in Nigeria have said that the country cannot continue to keep the businesses of fuel importers anymore, stating that Nigeria should be talking about fuel export at the moment.Speaking under the auspices of the…
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Petroleum marketers in Nigeria have declared the actual price of Premium Motor Spirit (PMS), commonly known as petrol, at filling stations.According to the marketers, the correct price of petrol should be N1,500 per litre, citing a gap…
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By William Emmanuel UkpojuShell Companies in Nigeria (SCiN) has emerged as the Best Exhibitor at the 2024 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers (SPE) held in Lagos from August…
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