Valuechain - Nigeria's foremost Online Energy News Platform

Security sources have disclosed that the real looting of Nigeria’s crude oil and its by-products is neither through illegal bunkering, refining nor pipeline vandalism, but via highly placed government officials-enabled undocumented…
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Oil giant, Shell Petroleum Development Company (SPDC), has accused the elite as the force behind crude oil theft and illegal refineries in the Niger Delta region, stressing that their financial muscle, privileges and connections make…
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The Federal Government has announced that it has recovered or prevented the theft of N25 billion worth of stolen crude oil and product. It also said that it recovered 230,882 barrels of stolen crude oil since April 1, 2022, adding that…
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The Nigerian Content Development and Monitoring Board has commended an indigenous company, Grephil Int’l Ltd for conceptualizing and building their production factory for the manufacturing of bolts, nuts and related products. …
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Nigeria’s emerging indigenous oil and gas major, Bonny Light Energy and Offshore Limited, has committed to the supply of 60 million litres of Aviation Turbine Kerosene (ATK) in the next six months, as part of efforts to solve supply…
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In the midst of scarcity of gas and attendant rising price, the Nigerian OilSpillDetection and ResponseAgency (NOSDRA) said, the country lost N184 billion to gas flaring in the first half of this year. This is in spite of the fact…
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Major oil firms are deserting Nigeria due to insecurity and vandalism of the pipelines which wreak havoc on the environmentMany oil companies are leaving to safer havens like Sao Tome and Principe where they have obtained…
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Mallam Mele Kyari, Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited has said the country loses $1.9 billion monthly to crude oil theft. The NNPC boss who spoke when a delegation on an…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, would at the Annual International Conference of…
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•Opts for Algeria, others Talks between Nigeria and the European Union over gas supply deals in the wake of the Russia-Ukraine crisis may have hit brickwall as the EU countries are making headway buying more pipeline gas from…
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