Valuechain - Nigeria's foremost Online Energy News Platform

…Sylva says FG committed to deregulation The Director of the Department of Petroleum Resources, Engr. Sarki Auwalu has disclosed that the department generated N2 trillion for the country in 2020, despite the downturn in the oil and gas…
Read More...

Tanzania's President John Magufuli has died aged 61, the country's vice-president has announced. He died on Wednesday from heart complications at a hospital in Dar es Salaam, Samia Suluhu Hassan said in an address on state…
Read More...

The House of Representatives have urged the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) to immediately commence operation of the Warri Refining and Petrochemical Company to improve on the production…
Read More...

The Federal Executive Council on Wednesday approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn. The decision was taken at the weekly meeting of the council presided over by…
Read More...

Crude oil, petroleum oils and oils obtained from bituminous minerals, took over 70% of Nigeria’s total value of exports in the fourth quarter of 2020, according to statistics. Newly released ‘Foreign Trade Statistics Q4 2020’ by the…
Read More...

*Nigerian Companies can only obtain gas utilisation incentives for specific operations and not for the whole company This amendment is contained in the Finance Act 2020, which was signed into law by the President Muhammadu Buhari in…
Read More...

By Teddy Nwanunobi Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has declared that, “Oil will continue to be a crucial component of the world’s future energy”, adding that it is…
Read More...

* Kyari at  WEIN/REIN Conference, promises Corporation’s continuous inclusion of women in energy value chain The Nigerian National Petroleum Corporation (NNPC) has said that the contributions of women are key to the achievement of the…
Read More...

By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has disclosed that its Enugu Field Office has sealed eight petrol stations in Enugu State for dispensing the premium motor spirit (PMS) above the approved government pump…
Read More...

By Teddy Nwanunobi The Department of Petroleum Resources has revealed that it has intensified surveillance of fuel retail outlets in Lagos State to ensure compliance with the approved pump price band for premium motor spirit (PMS). …
Read More...