Valuechain - Nigeria's foremost Online Energy News Platform

Oil’s rally fizzled as a build in U.S. fuel inventories and a potential OPEC+ agreement to increase supply cooled a buying spree that had pushed the market above US$75. Futures in New York fell 2.8 per cent, the most since May. Both…
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*As Nigeria launches book to mark anniversary Timipre Sylva, Minister of State for Petroleum Resources, has said oil will not lose its place in the future energy mix, adding that OPEC itself would continue to be a force to be reckoned…
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By Teddy Nwanunobi The Nigerian Gas Association (NGA) is set to roll out a training course that will provide delegates the opportunity to examine the regulatory, commercial and technical aspects of the natural gas value chain in Nigeria…
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Nigeria Extractive Industries Transparency Initiative (NEITI) disclosed that the sum of N79.9 billion was earned by Nigeria from the solid minerals sector in 2019. This was disclosed by Dr. Dieter Bassi, Technical Director at NEITI, in…
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*Hails Buhari, NASS for PIB passage ...Greets Nigeria at 50 as OPEC member -By Saidu Abubakar Mohammad Sanusi Barkindo, OPEC Secretary-General has, in a Goodwill Message at the 4th Valuechain Annual Lecture and Awards, Monday in…
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-By Saidu Abubakar Aside being the Lead Speaker, Engr. Sarki Auwalu, Director/Chief Executive Officer of the Department of Petroleum Resources (DPR), on Monday in Abuja, clinched the ‘Chief Executive Officer of the Year’ Award by the…
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Officials if the Directorate of Petroleum Resources, DPR have sealed off seven filling stations in Nasarawa State, for various offences from January to date. Alhaji Ahmed Gwaram, the state DPR Comptroller, disclosed this in Lafia on…
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•12.5kg cylinder may hit N10,000 Efforts by the Federal Government to deepen the use of Liquefied Petroleum Gas (LPG), popularly called cooking gas through the National LPG Expansion and Implementation (NLEIP) appears to have suffered a…
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The consent of the Petroleum Industry Bill by the President, President Muhammadu Buhari, will stop petroleum subsidy in Nigeria, the Minister of State for Petroleum Resources, Chief Timipre Sylva, declared on Monday. Sylva declared…
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Oil marketers on Tuesday rose against limiting the issuance of petroleum products import licences to only owners of refineries. The restriction is said to be contained in the draft of the Petroleum Industry Bill passed by the…
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