Valuechain - Nigeria's foremost Online Energy News Platform

When Nigeria became a sovereign state on October 1, 1960 and thus assumed the status of an international player, it did not take time before it dawned on the country’s political leaders that, the country would need multilateral diplomacy…
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Fuel subsidy in Nigeria will end when President Muhammadu Buhari signs the Petroleum Industry Bill (PIB), according to the Minister of State for Petroleum Resources, Chief Timipre Sylva. Sylva stated this on Monday while speaking at the…
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By Teddy Nwanunobi The Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, has described President Muhammad Buhari as an OPEC veteran whose leadership brought together OPEC and…
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-Agency Reports Italian soccer’s redemption story is complete. England’s painful half-century wait for a major title goes on. And it just had been via a penalty shootout. Italy won the European Championship for the second time by…
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In the last seven years, various courts have awarded the sum of N836.318bn (N98.318 billion and over $1.8billion) to oil-producing communities in Niger Delta as compensations for oil spills and land encroachment, an independent data…
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Preparatory to the completion of Dangote Oil Refinery, the Major Oil Marketers Association of Nigeria (MOMAN) has expressed intention to engage the management of the company on commercial terms regarding the lifting of its refined…
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By Teddy Nwanunobi The current Chief Executive Officer, Atlantic LNG Company of Trinidad & Tobago, Dr. Philip Mshelbila, will succeed Engr. Tony Attah as the next Managing Director/Chief Executive Officer of the Nigeria LNG Limited…
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By Teddy Nwanunobi For a second on Friday, oil prices rose, as data showed a draw in U.S. inventories, but were headed for a weekly loss amid uncertainty about global supplies fueled by an Organisation of the Petroleum Exporting…
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The Director/CEO of DPR, Engr. Sarki Auwalu, Friday, received the leadership of Northern Independent Petroleum Marketers Forum led by its Chairman, Alhaji Musa Maikifi on a courtesy visit. Valuechain reports the Chairman as saying that…
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By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has hinted at its plan to strengthen the oil and gas industry, as well as ensure the sustainability of the industry. According to the Director/Chief Executive Officer,…
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