Valuechain - Nigeria's foremost Online Energy News Platform

Billionaire businessman, Aliko Dangote has announced plans to expand his group’s operations in Cameroon, starting with the nation’s oil and gas sector. Bloomberg reports that Dangote made the disclosure on Wednesday after a meeting with…
Read More...

•Says subsidy hits N150bn monthly Nigerian National Petroleum Corporation (NNPC) yesterday lamented the escalating incidence of petrol smuggling across Nigeria’s borders, which it puts at a whopping 42 million litres per day. The…
Read More...

The Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank on Wednesday in Abuja signed a memorandum of understanding on the administration of US$30 million Working Capital Fund for oil and gas…
Read More...

TotalEnergies Plc yesterday said that by 2030, it will be investing $60 billion in renewable energy projects. It noted that 10 per cent of the investments will be in Nigeria. The company’s Executive General Manager, Mrs. Bunmi…
Read More...

the high volume of daily consumption, the country cannot sustain subsidy payment.... Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the federal government is injecting between N140…
Read More...

•Insist 10% equity to host communities must stand •Say host communities unsuitably defined, criminalized •Argue oil states ought to have rights of first refusal to acquire shares Barely a few days to the June 30 target of getting…
Read More...

South Sudan’s Ministry of Petroleum (MoP) officially launched the country’s first-ever oil and gas licensing round in Juba on Wednesday; Hosted by the MoP and attended by industry executives and international stakeholders, the event…
Read More...

China has developed a form of unmanned, levitating monorail train. The China Railway Science and Industry Group Corp is the foremost Chinese cooperation that handles such projects. The train itself is a skytrain with a maximum capacity of…
Read More...

Vienna, Austria, 23 June 2021--The 135th Meeting of the Economic Commission Board (ECB) of OPEC continued its deliberations today, Wednesday, 23 June 2021, via videoconference. The Organization of the Petroleum Exporting…
Read More...

The Federal Government has rolled out plans to ensure the use of Liquefied Petroleum Gas, LPG, as cooking fuel grows from the current five per cent to 90 per cent in the next ten years. The government expressed concern that over 900,000…
Read More...