Valuechain - Nigeria's foremost Online Energy News Platform

Exploring the rise of electric cars and their impact on the global economy, from the auto and power industries to oil and mining sector. The question has always been will electric cars scrap fossil fuels out of the global market or…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has expressed its readiness to collaborate with PricewaterhouseCoopers (PwC) in its quest to develop a 21st century Upstream regulator for Nigerian oil and gas industry. …
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When Covid-19 restrictions hit the world's economy, global uncertainty drove most commodity prices down. April 20th 2020, marked a turning point in the history of the oil market with the US benchmark price for crude oil falling below…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured Nigerians of the availability of petroleum products, allaying fears of possible scarcity in some parts of the country. IPMAN’s President, Mr Chinedu…
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Scarcity of the Premium Motor Spirit (PMS) has hit Kebbi State, as some petrol stations sell at N190 per litre. In a chat in Birnin Kebbi, yesterday, a commercial driver, identified as Alhaji Hassan, expressed dismay over the…
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"OPEC uses secondary sources to monitor its oil output, but also publishes a table of figures submitted by its member countries" Libya has overtaken Nigeria as Africa’s top oil producer after the country's crude oil production…
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The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has described fuel subsidy as a major waste and a drain on the Nigerian economy, saying the government plans to replace it with transport subsidy to assuage the…
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"Total was ready to increase its participation in Nigeria’s oil sector especially with the recent signing of the Petroleum Industry Act (PIA) into law by President Buhari" TotalEnergies and Islamic Development Bank (IDB) on…
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...Says no sustainable development without infrastructure President Muhammadu Buhari has assured investors that investment in gas remains a top priority for the country, considering the huge benefits in terms of returns and utility.…
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Our Reporter with Agency Reports A group of young climate activists delivered a sharp rebuke to delegates at the COP26 climate summit Thursday, demanding that a fossil fuel non-proliferation treaty be put in place and calling out…
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