Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy Nwanunobi The House of Representatives has resolved to set up an ad hoc committee to ‘investigate the gas flare volume reported by the Nigerian government and the NOSDRA Gas Flare Tracker’, with the specific purpose of…
Read More...

By Teddy Nwanunobi The latest report from the Nigerian National Petroleum Corporation (NNPC) reveals that Nigeria’s four refineries lost a combined total sum of N177.21 billion for being idle from July 2019 to January 2021. …
Read More...

The Nigerian National Petroleum Corporation, NNPC has blamed loss of N177 billion from the refineries on efforts at “revamping”. The loss, according to the Nigerian National Petroleum Corporation, NNPC’s monthly report, was incurred…
Read More...

The Shell Petroleum Development Company of Nigeria Limited, SPDC experienced 73 oil spill incidents across the Niger Delta, as a result operational failure and sabotage in the second half of the year 2020. The Dutch oil firm experienced…
Read More...

An indigenous energy firm, OMAA has rolled out Nigeria’s first locally assembled natural gas-powered buses and are already producing in volumes. Valuechain gathered from the assembling outfit that the roll out took place at its facility…
Read More...

By Teddy Nwanunobi Barely 48 hours after the Department of Petroleum Resources (DPR) commenced the process of formal handover of the revoked assets of Addax Petroleum Exploration Nigeria Limited to its new operators, Kaztech/Slavic…
Read More...

A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the Nigerian National Petroleum Corporation (NNPC) for its unrelenting…
Read More...

The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked four oil mining licenses from Addax Petroleum Exploration Nigeria Limited to a new operator – Kaztech/Slavic Consortium. Director of…
Read More...

By Teddy Nwanunobi The Niger Delta Power Holding Company (NDPHC) and Benin Electricity Distribution Company (BEDC) have reached an agreement to deliver additional 250MW from stranded power to the customer within the franchise area.…
Read More...

By Teddy Nwanunobi Partners in the Oil Mining Lease (OML) 143, Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO), on Thursday in Abuja, signed a Gas Development…
Read More...