Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Corporation (NNPC) Ltd has urged the general public not to engage in panic buying of petroleum products, as the Company has sufficient stock of the products that will last the festive period and beyond. …
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… To Convert Tricycle Engines From Fuel To Gas Use The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has revealed that Nigeria will become self sufficient in gas for both domestic and export…
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“As we speak now, there is speculation of fuel scarcity within the media but we have over 1.7 billion litres of Premium Motor Spirit in the country" *DPR advises Kwara residents against panic buying The Nigerian National…
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“If you go round you will see the queues have started developing because the private depot owners have raised their prices" Private Depots have hiked their Premium Motor Spirit (PMS) petrol price from N148/litre to N157/litre. …
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Oil and gas firms operating in Nigeria flared 12.26 billion standard cubic feet (SCF) of gas in September 2021, representing 7.13 per cent of the total gas produced in the country in the month under review, according to data released…
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Oil prices continued to surge ahead of Thursday’s meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies (OPEC+) to review output. Oil price increased by 1.36 percent to $84.71 for U.S. West Texas…
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Nigeria is far from attaining its full potential in the oil and gas industry as the country’s proven oil reserves are not rising to replace oil being pumped daily despite a current quest by some war-torn countries to supply more crude…
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"They sold their products in 10-litre jerrycans at a price between N2,000 and N2,500 to motorists who could not stay in queues at filling stations" Black marketers of petrol surfaced in parts of the Federal Capital Territory on…
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Host communities in Ogoni, Rivers State have outlined conditions to the federal government for the resumption of oil exploration and exploitation in the area. This as the group has urged the President Muhammadu Buhari's led federal…
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"The number of Nigeria's total offshore oil rigs remained unchanged in September as the country continued to struggle to meet the production quota" Nigeria lost about 44.42 million barrels of crude between October 2020 and September…
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