Valuechain - Nigeria's foremost Online Energy News Platform

Businessmen are the illustrious popes of commerce, robed and mitred in the resonance of their exploits. More often than not, they rise through the fog and the fire of enterprise to tower in dominion astride chains of businesses and…
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The signing of an Memorandum of Understanding, MoU has discreetly ended a potentially damaging inter-governmental dispute over oil-mining leases. China state-owned enterprise Sinopec has signed a transfer, settlement and exit…
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Nigeria’s gas vision blighted by Brass, Olokola LNG projects failure Nigeria’s 206 trillion cubic feet (Tcf) of proven natural gas is only 12 percent of Russia’s 1,688 Tcf, and European energy giant hauls home over $400m daily in gas…
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A Federal High Court in Abuja has issued a bench warrant on James Richard Nolan, a Briton, for jumping bail and failing to appear before the court for trial. Justice D. U. Okorowo issued the bench warrant on Tuesday. Nolan, one…
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The Organisation of Petroleum Exporting Countries (OPEC) has placed Nigeria as the fourth oil producing country in Africa. Like in previous months, OPEC revealed that Angola, Algeria and Libya produced more oil in October…
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...crude oil production surges to 1.5mbpd The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, has announced that all is in place for PMS (Petrol) and other Petroleum products' sufficiency during the…
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Governor Nasir El-Rufai of Kaduna State has urged the Federal Government to immediately remove the subsidy on petrol. El-Rufai spoke at the “State-of-the-State” session at the on-going NESG, yesterday in Abuja. When asked during…
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•Onslaught rattles the underworld in Niger Delta The fight against crude oil theft in the Niger Delta region is yielding fruits just as it is rattling the underworld, especially in Bayelsa and Delta states, considered the…
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A Federal High Court in Port Harcourt, Rivers state on Monday, November 14, remanded in custody, 16 foreign nationals on a 3-count charge bothering on oil theft in Nigeria’s Niger Delta. The 16 foreigners from Poland, India,…
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The technical committee of the Nigeria-Morocco gas pipeline project, composed of representatives of the oil companies of Senegal, Mauritania and Nigeria, ECOWAS and Morocco, have appraised progress of the project with a view to ensure…
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