Valuechain - Nigeria's foremost Online Energy News Platform

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the National Assembly to pass a balanced and investor-friendly Petroleum Industry Bill (PIB). The National President, PENGASSAN, Festus Osifo,…
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Andrew Yakubu, the former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), and his wife, Sarah, have been issued a warrant of arrest by a Magistrate’s Court in Kaduna State for failing to appear before it…
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There are demands for huge changes, including from community leaders seeking an increased share of revenues few hours to the passage of the Petroleum Industry Bill (PIB). There are increased fears that more agitations are in the waiting…
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•Dips refining capacity by 1.862m bpd Early hopes of Nigeria’s refining capacity growing by 1,862,000 million barrels per day (bpd) has further been dashed as 40 firms are currently in possession of dormant refinery license, a…
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Following the recent redemption of Federal Government's pledge, 27 years after, to Nigerian Super Eagles for winning the African Nations Cup in 1994 in Tunisia, the Nigeria Pillar of Sports, Chief Donatus Agu Ejidike, JP has praised the…
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The management of Polaris Bank Limited has blamed the previous management of defunct Skye Bank Plc for its inability to transfer the controversial $223.9m belonging to the Nigerian National Petroleum Corporation (NNPC) into the Treasury…
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...Emphasizes link between Digitisation and Sustainability Schneider Electric, leaders in digital transformation of energy management and automation, will be hosting its 2021 Innovation Day on July 6, 2021. Valuechain gathered that…
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The Programme Manager, National Liquified Petroleum Gas (LPG) Expansion Plan in the office of the Vice president, Mr Dayo Adeshina, has said government is targeting installation of five gas terminals to boost LPG penetration in the…
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The federal government could end up paying $500 million to an electricity transmission company for allegedly defaulting on a $200 million settlement agreement it entered into with the firm. Sunrise Power and Transmission Company Limited…
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Minister of State for Petroleum, Timipre Sylva, has said that the country accidentally discovered 206 trillion cubic feet of gas reserves while in search of crude oil. Sylva, who disclosed this in Abuja at a News Agency of Nigeria…
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