Valuechain - Nigeria's foremost Online Energy News Platform

Overall oil production output by the Organization of Petroleum Exporting Countries, OPEC, in the month of April fell by 440,000 barrels a day.The OPEC +crude output by members subject to cuts fell by that figure in April as Russia…
Read More...

As Nigerians battle with fuel scarcity, a filling station in Taraba State has been sealed off by the Nigerian Midstream and Downstream Petroleum Regulatory Authority for allegedly diverting 18 trucks of Premium Motor Spirit.The…
Read More...

By Patience Chat Moses TotalEnergies Nigeria has launched the 2024 Startuppers Challenge, which aims to reward 100 entrepreneurs across 32 African countries.The Managing Director of TotalEnergies Marketing Nigeria Plc, Dr…
Read More...

Aiboni By Patience Chat MosesThe Managing Director, Shell Nigeria Exploration and Company Limited (SNEPCo), Elohor Aiboni has linked the outstanding performance of Bonga, Nigeria’s first deep-water development to effective…
Read More...

By Patience Chat Moses Minister of Solid Mineral Development, Mr. Dele Alake, has said that the Federal Government needs funding worth about N70 billion to support solid minerals exploration activities across the country.Mr.…
Read More...

In a resolute move to enhance collaboration within Nigeria’s oil and gas sector, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, led a delegation to the Chevron Control…
Read More...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the focus of its ongoing nationwide audit of the oil, gas and mining companies is targeted at showering domestic resources mobilisation.The executive…
Read More...

The newly appointed Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) who is the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in…
Read More...

Goldman Sachs on Wednesday said they no longer expect OPEC+ to announce a partial unwind of voluntary production cuts in June.The bank said inventories have recently surprised to the upside, and as a result, their model now…
Read More...

•N6trn lost annually to sophisticated tax avoidance schemeThe House of Representatives unveiled plans on Thursday to investigate N28 trillion in revenue lost to trade malpractices allegedly perpetrated by rogue foreign companies…
Read More...