Valuechain - Nigeria's foremost Online Energy News Platform

Fuel pump prices in Nigeria could see a reduction if global crude prices keep tumbling. This week, global crude prices have seen a reduction as the market reacts to weakening economic data out of China. It has been said that when…
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Adaobi Rhema Oguejiofor The Governor of Nasarawa State, Abdullahi Sule, has said that the admission of the State into the Hydroelectric Power Producing Areas Development Commission (HYPADEC) will facilitate its production of about…
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By Moses Patience Chat Members of Bodo City, a community in Gokana local government area of Rivers State, have discovered a fresh incident of oil spillage, following a leakage from the Trans Niger Pipeline (TNP) operated by a…
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Adaobi Rhema Oguejiofor The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the Founder Institute (FI), the world's largest and most proven pre-seed startup accelerator, is set to launch 17 new…
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The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has said that the foreign exchange volatility in Nigeria and the recent implementation of a 7.5 per cent Value Added Tax on Automotive Gas Oil (AGO), popularly called…
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"...More refineries would not lead to lower fuel prices in Nigeria" The Senior Special Assistant to President Bola Tinubu on Public Affairs, Ajuri Ngelale, has said that Nigeria spends about $10 billion a year on foreign exchange…
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Nigeria’s crude oil revenue suffered a setback in July, with the country losing approximately N249 billion due to a significant drop in oil output. The latest oil production data, seen on Sunday, revealed that the nation’s oil…
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The Jigawa State Task Force on Petroleum products has shut down five filling stations for tampering with their metres and engaging in some activities to shortchange customers. The Taskforce Chairman, Colonel Muhammad Alhassan (Rtd)…
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Nigeria, Algeria and Egypt are expected to dominate the African natural gas and liquefied natural gas (LNG) supply market from 2023 to 2027. This is according to data from the African Energy Chamber in its August 2023 State of…
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The Central Bank of Nigeria (CBN) is planning to renew the currency swap arrangement with the Chinese government next year, according to a senior lawyer, Femi Falana. Falana disclosed this on a Television program on Friday, saying…
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