Valuechain - Nigeria's foremost Online Energy News Platform

This afternoon at Urugwiro Village, President Paul Kagame held a meeting with Patrick Pouyanné, the Chairman and CEO of Total Energies and signed a Memorudum of Understanding (MoU) with Rwanda Development Board (RDB) to consider…
Read More...

The Major Oil Marketers Association of Nigeria (MOMAN), is worried over petroleum products supply and is asking for better understanding of measures being taking by government to guarantee stability of the market  following extension…
Read More...

The current move in oil prices is largely attributed to geopolitical risk.The next major move in oil could be triggered if inventories fall to critical levels.Wall Street’s consensus seems to be that Brent will reach $100 by the summer…
Read More...

A non- partisan advocacy, the Economic Sustenance Group (ESG) has urged leaders in the Niger-Delta and other oil producing communities to support the Armed Forces of Nigeria in the fight against crude oil thieves in the region. The…
Read More...

There appears to be no end in sight to the financial and resource haemorrhage in Nigeria's oil and gas industry, with the country once more losing as much as 6.596 million barrels of oil in its December 2021 production. At an…
Read More...

*Belemaoil/NNPC JV community project Foremost Indigenous oil firm, Belemaoil Producing Limited has commissioned two legacy projects, built and completed for her host community, Idama, in Akuku Toru Local Government Area of Rivers…
Read More...

Queues for Premium Motor Spirit (PMS) at filling stations in the Federal Capital Territory (FCT) following an artificial scarcity have eased off, the News Agency of Nigeria (NAN) reports. NAN reports on Sunday that normalcy has been…
Read More...

The People’s Alternative Political Movement (TPAP-M) has asked the federal government to provide details of the N3 trillion budgeted for petrol subsidy in 2022. In a letter dated January 27 and sent to TheCable on Sunday, the group…
Read More...

The Federal Government has processed $98m and N17.2bn as partial payments for the ongoing rehabilitation of the Port Harcourt Refining Company, it was learnt on Friday. It was also gathered that the government had made an initial…
Read More...

Men of the Special Task Force on Petroleum and Illegal Bunkering Unit from Force Headquarters, Abuja, and operatives of the Association of Refineries and Petroleum Marketers (ANRPM), yesterday, bust a gang of suspected oil thieves at…
Read More...