Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy Nwanunobi The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, has declared that the world needs inclusive, pragmatic and holistic approaches to mitigate and adapt…
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By Teddy Nwanunobi Oil rose to $75 a barrel on Wednesday with support coming from a tight market, after a steep drop from multi-year highs in the previous session amid uncertainty about OPEC+ supply policy. Underlining current…
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By Teddy Nwanunobi A petroleum economist, Professor Wumi Iladare, has expressed concern for the institution of the Minister of Petroleum Resources, noting that the Ministry lacks the capacity to support functions of the Minister, as…
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An indigenous oil and gas company, ND Western Limited says its 10,000 barrels per day refinery in Uturogu, Delta State will be completed by 2023. Mr Eberechukwu Oji, Managing Director, ND Western Limited, made the disclosure while…
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By Teddy Nwanunobi The Federal Government has given a vote of confidence on the nation’s oil and gas sector, saying that it is still very important to the growth and development of the nation. Speaking at the launch of a book…
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The Department of Petroleum Resources (DPR), has sealed 30 filling stations and eight liquefied Petroleum Gas (LPG) outlets for various offence in Akwa Ibom. The state Operations Controller of DPR, Mr Victor Ohwodiasa, said this when he…
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The Department of Petroleum Resources, DPR, has suspended the operations of its task force team monitoring activities of the nation’s downstream sector. This is coming barely 72 hours after the team was constituted by the regulator. …
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The 4th edition of the Valuechain Annual Lecture and Awards is set to hold on July 12, 2021 beginning from 9.00am at Fraser Suites, Abuja. Organized by one of Africa’s emerging oil and gas magazine publications, the Valuechain, the…
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The Nigerian National Petroleum Corporation (NNPC) provided insights into the reason why some completed private refineries are yet to commence production. Mustapha Yakubu, the Nigerian National Petroleum Corporation (NNPC), Chief…
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For sustainable national economic stability and growth, there is a need to strengthen legal, institutional, financial, in-sector diversification, and indigenous capacity in Nigeria’s petroleum industry, Director, Department of Petroleum…
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