Valuechain - Nigeria's foremost Online Energy News Platform

Amid optimistic demand expectations, the price of crude oil has made back all that it lost during the Covid-19 pandemic as oil futures finished the week by up to 5 per cent higher. According to Valuechain findings, Brent, the…
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…as US lauds rehabilitation project The Managing Director, Port Harcourt Refining Company, PHRC, Mr. Ahmed Dikko, is on course to end the protracted rot in the establishment and ensure it works at full capacity again. This is even as…
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Lekoil Nigeria, has reacted to the termination of Lekan Akinyanmi’s contract as Chief Executive of Lekoil Limited, the AIM listed company which is actually Lekoil Cayman. It says that the decision, announced June 3, 2021, is the…
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The Nigerian National Petroleum Corporation (NNPC) has bemoaned the recent spate of attacks on the country’s rail lines, especially from Warri in Delta state to Itakpe in Kogi state, which the corporation had started using for haulage of…
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The Nigerian National Petroleum Corporation (NNPC) says it remains committed to the promotion of sustainable environment across it operations, stressing that its energy transition programme and support for carbon neutral projects are…
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Oil extended gains on Friday, topping $72 a barrel for the first time since 2019, as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19 vaccination rollout around the globe. The Organization of the…
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Igbo traditional rulers in the diaspora, under the umbrella body of Association of Eze Nigbo N’uzo Ije, have condemned in strong terms, the assassination of former Special Adviser on Politics to former President Goodluck Jonathan, Ahmed…
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Uganda has shortlisted four companies for an exploration round following its second oil exploration tender ever. The tender involved five oil blocks along Uganda’s border with Congo, where oil has already been discovered, Dow Jones…
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By Teddy Nwanunobi The duo of the National Petroleum Investment Management Services (NAPIMS) and Department of Petroleum Resources (DPR) have concluded arrangements to hold special briefings on Wednesday, June 9 and…
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Following reported extra judicial killings in the South East geopolitical zone, Senator Samuel Nnaemeka Anyanwu has accused some leaders in the zone of conspiring with external enemies to perpetuate evil, citing their continued silence as…
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