Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy Nwanunobi The Federal Government has disclosed that only 1,700 reserves are currently producing crude oil, out of the 7,000 oil reserves that have been discovered in the country. Speaking in Abuja, the Department of…
Read More...

-By Teddy Nwanunobi Nigeria, a member of the Organisation of Petroleum Exporting Countries (OPEC), reported a huge drop in oil export. This was despite OPEC’s output rising to 25.52 million barrels per day (mbpd), according to a…
Read More...

There was an indication that the Nigerian National Petroleum Corporation, NNPC, has made good its threat to deduct the N111.966 billion it spent in subsidizing the pump price of petrol in March by withholding same amount from the…
Read More...

*Nigeria who are three-time African champions will be facing Cameroun this month in double header *Gernot Rohr who is Super Eagles coach and his men will be using these two games to prepare for the World Cup qualifiers …
Read More...

By Hilary Ojeh The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has underlined the importance of a vibrant chemical industry to achieving sustainable development of any…
Read More...

By Teddy Nwanunobi The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has tasked the new leadership of the Oil and Gas Trainers Association of Nigeria (OGTAN) to prioritise…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has bemoaned the recent spate of attacks on the country's rail lines, especially from Warri in Delta state to Itakpe in Kogi state, which the corporation had started using for haulage of…
Read More...

Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field licence by the Department of Petroleum Resources, DPR, on Monday. The award came a year after…
Read More...

MAJOR truck owners operating in Lagos ports, yesterday, opened a can of warms, alleging fraud in the electronic Call-Up system introduced by the Nigerian Ports Authority, NPA, to address the chaotic traffic situation in Apapa and its…
Read More...

LONDON (Reuters) - Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defeats in the courtroom and boardroom mean Royal Dutch…
Read More...