Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Company Ltd (NNPC) has recorded about 136 incidents of crude oil theft between the 16th and 22nd of March 2024.This was stated during the weekly show Energy and You aired on NTA where details of the…
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Oil prices settled lower on Tuesday as the market weighed the loss of Russian refinery capacity after recent Ukrainian attacks, with Brent crude losing 50 cents to trade at $86.25 a barrel, while the US West Texas Intermediate (WTI)…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) held a meeting with crude oil producers and refinery owners in Nigeria to ensure full adherence to the Domestic Crude Oil Supply Obligation (DCSO) as outlined in the…
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…Sector To Surpass Production Target LokpobiriBarring any unforeseen circumstances Nigerian Oil and gas sector shall witness investments to the tune of $5 billion, the Minister of State Petroleum Resources (Oil) Senator Heineken…
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By William Emmanuel UkpojuThe surge in costs of staple foodstuff such as rice, beef, beans, garri, and yam is putting a significant strain on consumers' wallets, prompting concerns about food affordability and accessibility, as…
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By William Emmanuel Ukpoju In a bid to revolutionize agricultural practices in Nigeria, the African Export-Import Bank (Afreximbank) has awarded a substantial $100,000 grant to the American University of Nigeria (AUN).The…
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By William Emmanuel UkpojuThe Nigeria Liquefied Natural Gas Limited (NLNG), a prominent organ in Nigeria's energy sector, has extended its call for expressions of interest in its IT Integrated Support and Services tendering…
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Customs recently thwarted smugglers from illegally transporting fuel to CameroonThe Nigeria Customs Service (NCS) said its operatives in Adamawa and Taraba recently thwarted smugglers from illegally transporting Premium Motor Spirit…
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OgunleyeThe Executive Vice President, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd (NNPC), Olalekan Ogunleye, has underscored the importance of gas as a crucial resource for driving economic development across…
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…as CAAF24 urges technology driven solution against climate changeAs part of ongoing effort to cushion the effect of fuel subsidy removal, the federal government has mapped out strategies aimed at establishing 1000 compressed…
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