Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a 1-billion-barrel oil export mark on Monday. This milestone is coming three months after a major turnaround maintenance (TAM) of the facility was completed ahead…
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By Yange Ikyaa Independent energy research and business intelligence firm, Rystad Energy, and the African Energy Chamber (AEC), recently cemented their business cooperation during a private dinner in Oslo on January 31. The…
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By Yange Ikyaa The African Energy Chamber (AEC) the voice of the African energy sector, has endorsed and this year’s edition of the Namibia International Energy Conference, which begins from April 25 to 27 in Windhoek, the nation’s…
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By Yange Ikyaa Although Nigeria remains Africa’s largest economy, oil producer and the most populous country on the continent, with over 200 million inhabitants, Algeria has beaten the West African nation on the basis of rig count…
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By Yange Ikyaa Nigeria’s rig count, an important measure of upstream activities in the oil and gas industry, went up 15.2 per cent year-on-year (YoY) to 114 in 2022, increasing from 99 in the previous year. This is according to…
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An analysis credited to BloombergNEF has shown that global investments in the clean energy transition hit $1.1 trillion in 2022, equaling for the first time the amount invested in fossil fuel production. It further indicates that…
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By Yange Ikyaa The Ministry of Minerals of the United Republic of Tanzania, in collaboration with dmg events and Ocean Business Partners Tanzania, is has announced that the 2023 edition of the Tanzania Mining &…
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*As FG orders massive distribution of petrol to marketers After about four months of petrol scarcity in the country, which triggered long queues at filling stations, and the arbitrary increase in prices in many parts of the country,…
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The Nigerian National Petroleum Company Ltd, NNPC, has released details of how it distributed a total of 502.21 million litres of Premium Motor Spirit, PMS, in one week to bridge the gap. According to NNPC, the petrol, distributed…
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Fresh oil spills and fire from a manifold operated by the Shell Petroleum Development Company of Nigeria has rocked Ebubu community in Eleme Local Government Area of Rivers State. The oil spills which became noticeable three days…
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