Valuechain - Nigeria's foremost Online Energy News Platform

After weeks of relief, diesel prices appear to be on the rise again, partly in response to the volatility in the energy market over concerns about supply from Europe and unstable foreign exchange rates. For many businesses,…
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The Organization of Petroleum Exporting Countries (OPEC) has revealed that the Dangote Refinery, a $19-billion integrated petrochemical refinery complex owned by Nigerian billionaire Aliko Dangote, will account for more than half of…
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Nigerian youth have been called on to be involved in the campaign for accountability and transparency in the extractive sector in order to help checkmate and reduce corruption in the Oil and Gas industry. Program Manager – Tax…
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Winifred Akpani The Depots, and Petroleum Products Marketers Association of Nigeria (DAPPMAN), says accessing foreign exchange at official rate was a serious challenge to marketers. Mrs Winifred Akpani, DAPPMAN’s Chairman, said this…
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Nigeria’s estimated oil output of 468.8 million barrels in the first three quarters of 2022 was just 284.70 million barrels at the end of September according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
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Professional and trade associations under the oil and gas value chain have declared their readiness to participate fully in the upcoming Nigeria International Energy Summit (NIES) scheduled to take place in Abuja from April 16th to…
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Independent Petroleum Marketers Association of Nigeria (IPMAN), yesterday, advised the Federal Government to swiftly take possession of trucks of seized crude oil stolen suspected to have been stolen from the South-South geo-political…
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Amidst the nation’s dwindling economy, Governor Nasir El-Rufai of Kaduna State has lamented that the inability of the Nigerian National Petroleum Company (NNPC) Limited to remit any revenue into the federation’s account since the…
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The Federal Government has been urged to put in place necessary measures that would encourage building of more refineries across the country. Speaking in Awka, a public affairs analyst, Chief Jude Emecheta said this would reduce…
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The Organisation of Petroleum Exporting Countries(OPEC) Secretary General, Haitham Al Ghais, at the weekend  said the oil industry needs to increase investments in capacity and new production to avoid rampant volatility. Al Ghais…
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