Valuechain - Nigeria's foremost Online Energy News Platform

-By Fred Ojiegbe The demand for oil is seen to be already outstripping supply as the shortfall is expected to widen, even if Iran boosts exports as vaccinations against COVID-19 bolster the global economy, the Paris-based watchdog,…
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-By Teddy Nwanunobi One of the oldest bills in the National Assembly is the Petroleum Industrial Bill (PIB). Several governments, in the last 20 years, have failed in their attempts to pass the all-encompassing bill. No thanks to its…
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-By Fred Ojiegbe Nigeria has continued to experience declining oil production in the last three months as its rig count has been on downward trend, latest data from the Organisation of Petroleum Exporting Countries (OPEC) has shown.…
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By Teddy Nwanunobi Jake Riley has urged the Federal Government, federal lawmakers and the nation's oil and gas regulators to seize opportunities from the just concluded two-day Nigeria Oil and Gas Opportunity Fair (NOGOF 2021), and…
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The Minister of Transportation, Rotimi Amaechi, said that as the ministry was rounding up the Lagos-Ibadan rail project billed to be inaugurated in June, the ministry was set to commence work to link Kano-Kaduna with rail. In a…
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By Teddy Nwanunobi The Federal Government disclosed that it is making serious efforts to ensure Nigeria is prepared for a post-crude oil era. Minister of Science and Technology, Ogbonnaya Onu, said this in Abuja on Thursday at the…
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By Teddy Nwanunobi The duo of the Niger Delta Power Holding Company (NDPHC) Ltd. and Eko Electricity Distribution Company Plc (EKEDC) have sealed an agreement to deliver 300 megawatts of power to Ibeju-Lekki and other franchise areas in…
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The Shareholders of Total, Friday, unanimously agreed to change the name of the company to TotalEnergies in line with its plans to become a broad energy company. In a statement obtained by Vanguard, the company, stated: “At the Ordinary…
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A leading energy company, Shell, Thursday, inaugurated a multi-billion-naira Rivers Cassava Processing Company Limited built in partnership with the Rivers State Government, Vieux Manioc BV of the Netherlands, and the Embassy of The…
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A tanker conveying petroleum product on Friday caught fire at the Michael Otedola Bridge along the Lagos –Ibadan Expressway. Mr Ibrahim Farinloye, the Acting Zonal Coordinator, southwest Zonal Office of NEMA, and Dr Olufemi…
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