Valuechain - Nigeria's foremost Online Energy News Platform

With the increasing number of illegal refineries in the Niger Delta region, the Minister of State for Petroleum Resources, Timipre Sylva, has revealed why the situation has persisted this long, despite series of arrests by the Nigeria…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN), has backed the new centralisation policy of online products by (NNPC) and the Pipeline and Products Marketing Company (PPMC). IPMAN in a statement by its Public…
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The Department of Petroleum Resources (DPR) has clarified its decision to request for daily stock records from members of the Independent Petroleum Marketers Association of Nigeria (IPMAN). IPMAN, Suleja/Abuja Unit, had threatened to…
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A High Court in the Federal Capital Territory (FCT) has sentenced the former Chairman of the House of Representatives ad-hoc committee on Petroleum Subsidy, Farouk Lawan to seven years in prison. Lawan during trial on Tuesday was found…
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By Teddy Nwanunobi Ahead of Nigeria’s 50th anniversary as a member of the Organisation of the Petroleum Exporting Countries (OPEC), the world oil body has described Nigeria’s membership as “a day of historic importance for both Nigeria…
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By Teddy Nwanunobi The Organisation of the Petroleum Exporting Countries (OPEC) has congratulated António Guterres on his reappointment to a second term as the Secretary General of the United Nations Valuechain reports that…
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By Teddy Nwanunobi Rising from the Meter Asset Providers (MAPs) meeting, 17 manufacturers of electricity meters, operating in the Nigerian Electricity Supply Industry (NESI), have demanded for "an upward review of the current price of…
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The world's largest offshore wind developer Orsted is concerned that Big Oil's eagerness to harness wind at sea could push up prices for seabed leases, making the technology less competitive. European oil firms including Total, BP,…
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Federal High Court in Abuja has ordered Mobil Producing Nigeria Unlimited and its joint venture partner, Nigerian National Petroleum Corporation (NNPC) to, within 14 days, pay N81.9 billion to a number of communities in Ibeno Local…
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Major oil and gas investments, including the Oil Prospecting License (OPL) 324 and the 10,000 barrels per day Otakikpo marginal field are under major threat as massive resignations of top management board members rock Lekoil Nigeria, in…
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