Valuechain - Nigeria's foremost Online Energy News Platform

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 MosesNigeria’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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By Adaobi Rhema OguejioforThe National Bureau of Statistics (NBS) has revealed that the average retail cost for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG), also known as Cooking Gas, increased on a month-on-month…
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By Patience Chat Moses The Nigerian Content Development and Monitoring Board (NCDMB) has trained and graduated 500 youths in Oyo State on solar power installation and maintenance.The training programme was organized…
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By Adaobi Rhema OguejioforThe Chief Executive Officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, has lamented that the vandalism carried out on over 5,000 kilometres of oil pipelines by vandals…
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Nigeria is ranked 16th out of top 30 oil producing countries in the world, according to a data released recently. It said that the West African country, as per the ranking, produces 1,450,000 barrels per day with a market share of…
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