Valuechain - Nigeria's foremost Online Energy News Platform

*Raisi sworn in Thursday as 8th President By Teddy Nwanunobi The Organisation of the Petroleum Exporting Countries (OPEC) has congratulated Seyyed Ebrahim Raisi on his victory in the presidential elections in the Islamic Republic…
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The Department of Petroleum Resources (DPR) has said it is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value from its oil and gas resources. The Director, DPR, Sarki Auwalu, said in a keynote…
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Nigeria’s cabinet on Wednesday approved the state-oil firm’s acquisition of a 20% stake in Dangote’s oil refinery for $2.76 billion, the country’s junior oil minister Timipre Sylva said. The government also approved contract awards…
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By Teddy Nwanunobi As part of plans to make the Federal Capital Territory (FCT) a green city, the Federal Capital Territory Administration (FCTA) is set to introduce an environment-friendly transport system in Abuja, with electric…
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By Teddy Nwanunobi Passing the Petroleum Industry Bill (PIB), after previous failed attempts, is capable of presenting positive long-term effects for both Nigeria’s public finances and the oil and gas production in the country,…
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By Teddy Nwanunobi Valuechain Magazine, on Wednesday, commiserated with the Nigerian National Petroleum Corporation (NNPC) over the death of one of its staff, Miss Fatima Baffa Garko, who died on Tuesday morning. Led by the…
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The Society of Petroleum Engineers (SPE) Nigeria Council says the Petroleum Industry Bill (PIB) is a useful tool for the development of Nigeria’s oil and gas resources. Mr Olatunji Akinwunmi, Chairman, SPE Nigeria Council, made the…
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Host communities of crude oil products in Itsekiri land of Delta State on Wednesday called on the Nigeria Petroleum Producing Company to fix the ailing Warri Refinery without further delay. They urge the national behemoth to make…
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Nigeria’s projected $3.2 billion expen­diture on conversion of petrol vehi­cles to natural gas is generating up­roar in the nation’s oil and gas sector. Stakeholders raised eyebrow over the development and emphasised the need for…
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The recent increase in the price of cooking gas is a source of concern to many Nigerians. The product has witnessed a steady increase in price in the past four months. A kilogramme of the product is now going for about N500 across the…
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