Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria recorded a loss of 33 billion standard cubit feet of natural gas in the first two months of the year as a result of gas flare by both International Oil Companies, IOCs, and National Oil Companies, NOCs operating in the country. …
Read More...

10. South Africa South Africa holds down the 10th position with an average of 190,000 barrels of oil in a day. South Africa is also among the strongest and richest economies in Africa. 9. Gabon Gabon is a country located…
Read More...

-By Saidu Abubakar Amidst reactions, following false report (not by Valuechain), that fuel price will rise to N1,000 per litre, the Department of Petroleum Resources (DPR) has debunked the report and allayed fears for such. Head of…
Read More...

Nigeria’s oil output dropped by 11.47 per cent year-on-year, YoY, in the second quarter of 2021 (Q2’21). But the decline also showed significant under-production against the quota, Organisation of Petroleum Exporting Countries, (OPEC)…
Read More...

The Nigerian government would require no less than N1.32 trillion (3.2 billion) to be able to transition its vehicles from the use of premium motor spirit, popularly known as petrol, to the use of natural gas. The cost is to enable the…
Read More...

The Department of Petroleum Resources (DPR) says the misinterpretation of comments about subsidy elimination has caught its attention. This follows an online publication claiming that without alternative energy, the price of PMS could…
Read More...

When the Liquefied Natural Gas, LNG, Train 6 was completed in 2008, close observers had anticipated that Nigeria would immediately go ahead with the construction of Train 7, expected to increase the LNG output to 30 million metric tonnes,…
Read More...

The federal government of Nigeria has commissioned the first solar-powered electric vehicle charging station. The charging station, which falls under the Electric Vehicle Pilot Project is an initiative of the National Automotive Design and…
Read More...

The long awaited Tokyo Olympics games is finally here. Formerly scheduled to hold in July, 2020 but had to be postponed because of COVID-19 pandemic which paralysed all sporting activities worldwide last year. Come this Friday, 23rd…
Read More...

Last week, the Nigerian Air Force announced that six of the 12 Super Tucano fighter jets earlier ordered by the federal government have departed the United States of America en route the country. It was reported that the…
Read More...