Valuechain - Nigeria's foremost Online Energy News Platform

Despite the rising price of crude oil in the international market, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has said that there will be no increase the ex- depot price of Premium…
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Fresh insights as to why the oil majors are gradually scaling down their operations and planning their exit from the country has been unraveled. Investigation by The Nation revealed that among the oil majors, including Royal…
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The Nigeria Security and Civil Defence Corps, NSCDC at the weekend, paraded eight fake naval officers, arrested for illegally escorting a vessel laden with stolen petroleum products. The NSCDC Commandant in Rivers State, Muktar Lawal,…
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The federal government of Nigeria has expressed commitment to end both electricity and fuel subsidies by mid-2021. This was revealed by the International Monetary Fund, IMF in a report after the conclusion of its Article IV consultation…
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Chairman of BUA Group, Abdul Samad Rabiu has said the group is proposing the 200,000 barrels per day (bpd) refinery in Akwa Ibom to help Nigeria cut the huge cost of lifting crude oil, refining and importing the products. He said this…
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By Teddy Nwanunobi The Federal Government, alone, cannot crash the price of Liquefied Petroleum Gas (LPG) across the nation, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) said on Tuesday. According to a…
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By Teddy Nwanunobi The Federal Government has denied a report that it revoked 32 refinery licences that were issued to some private companies across the nation. A report had listed some companies as some of the facilities that were…
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…Increases Gas Supply for Power Generation The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021 This is contained in the…
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By Teddy Nwanunobi Excited Group Managing Director of the NNPC, Mallam Mele Kyari, has declared that Nigeria’s “infrastructure revolution is paying up”. Kyari’s excitement followed the successful delivery of 96 pipes from Warri,…
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The Presidential Amnesty Programme (PAP) has declared that it decided to approach the Nigerian Content Development and Monitoring Board (NCDMB) based on the board’s industry role, which will be of immense benefit to get the ex-agitators to…
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