Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian Content Development and Monitoring Board (NCDMB), has revealed a new opportunity for small-scale entrepreneurs in the gas value chain that will also grow the usage of liquefied petroleum gas.At the launch of a…
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The Senate has confirmed President Muhammadu Buhari's four nominees as Executive Commissioners of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).The confirmation followed the consideration of a report of the…
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As the war between Russia and Ukraine rages on, the European Union (EU) is turning its attention to Nigeria and other African energy giants with abundant reserves for alternative energy sources, but experts say the continent’s energy…
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Troops yesterday arrested an unidentified security personnel conveying N60 million ransom to free some captives in the custody of terrorists in Kaduna State.It was gathered that some of the suspects were personnel of some security…
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Gbenga Komolafe, Chief Executive Officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is targeting June for marginal field awardees to begin the field development plan (FDP).The plan includes all…
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Key oil producers in West Africa are experiencing dwindling sales as export to Europe and Asia appear to be on steady decline.Report shows that Russia’s invasion of Ukraine has caused one of the biggest upheavals to global…
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The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined to an average of 1.354 million barrels per day in March 2022.OPEC made this known in its Oil Market Report for April 2022…
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By YANGE IKYAAThe Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert to Power Initiative in the Eastern Sahel region countries…
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By YANGE IKYAAThor Explorations Limited has provided an interim operational update for the first quarter ended March 31, 2022, indicating that 7,220 ounces of gold were produced in the month of March, while 21,343 ounces of gold…
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By YANGE IKYAAEuropean Union (EU) Ambassadors in Nigeria on Monday paid a courtesy call on the Management of the Nigerian National Petroleum Company (NNPC) Limited, seeking to strengthen its partnership with Nigeria in the energy…
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