Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Company Limited (NNPC Ltd.) started its activities for the new week with a call on stakeholders to intensify efforts to address abject energy poverty in Africa.The GMD/CEO of NNPC, Malam Mele Kyari,…
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The Minister of Industry, Trade and Investment, Otunba Adebayo Adeniyi, has held a parley with the Minister of State for Petroleum, Timipre Sylva, to resolve issues surrounding the use of weights and measures in the oil and gas sector.…
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Group Managing Director of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, is currently leading a delegation of the corporation to the 8th African Petroleum Congress and Exhibition.The event which is being held in…
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President of the Bolivarian Republic of Venezuela, HE Nicolas Maduro Moros conferring HE Mohammad Sanusi Barkindo, OPEC Secretary General the highest Venezuelan civil award, the Order of Francisco de Miranda, in its first class.The…
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The Organisation of Petroleum Exporting Countries (OPEC), has affirmed its decisions for upward adjustment of the monthly overall production by 0.435 million barrels per day (mb/d), for June 2022.This followed the conclusion of the…
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The Federal Government yesterday disclosed that it has paid petroleum marketers over N58 billion as bridging cost in the past five months.A statement by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)…
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…As Africa’s Gas Production Set To Hit 470BCM Nigeria is standing out as potential gas supplier to Europe with critical gas conveyor infrastructure being developed to enhance supply to European nations withdrawing from Russia.…
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A rising oil price is considered to be beneficial to a major oil exporter like Nigeria, however, the Central Bank of Nigeria (CBN) has indicated that the recent increase in oil prices does not equate to higher revenue nor does it…
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