Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy NwanunobiFor a second on Friday, oil prices rose, as data showed a draw in U.S. inventories, but were headed for a weekly loss amid uncertainty about global supplies fueled by an Organisation of the Petroleum Exporting…
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The Director/CEO of DPR, Engr. Sarki Auwalu, Friday, received the leadership of Northern Independent Petroleum Marketers Forum led by its Chairman, Alhaji Musa Maikifi on a courtesy visit.Valuechain reports the Chairman as saying that…
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By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has hinted at its plan to strengthen the oil and gas industry, as well as ensure the sustainability of the industry.According to the Director/Chief Executive Officer,…
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The Departlment of Petroleum Resources (DPR) has bagged the Excellence Award at the Annual Nigeria Oil and Gas (NOG) Award Ceremony. The award was received by the Chief Executive Officer and Director, DPR, Engr. Sarki Auwalu.The…
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•Union rejects TCN privatisation The Nigeria Labour Congress (NLC) has canvassed that the Nigeria National Petroleum Corporation (NNPC) should be transformed into a public liability company where every Nigerian can own shares.…
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By Teddy NwanunobiThe Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, has declared that the world needs inclusive, pragmatic and holistic approaches to mitigate and adapt…
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By Teddy Nwanunobi Oil rose to $75 a barrel on Wednesday with support coming from a tight market, after a steep drop from multi-year highs in the previous session amid uncertainty about OPEC+ supply policy.Underlining current…
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By Teddy NwanunobiA petroleum economist, Professor Wumi Iladare, has expressed concern for the institution of the Minister of Petroleum Resources, noting that the Ministry lacks the capacity to support functions of the Minister, as…
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An indigenous oil and gas company, ND Western Limited says its 10,000 barrels per day refinery in Uturogu, Delta State will be completed by 2023.Mr Eberechukwu Oji, Managing Director, ND Western Limited, made the disclosure while…
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By Teddy Nwanunobi The Federal Government has given a vote of confidence on the nation’s oil and gas sector, saying that it is still very important to the growth and development of the nation.Speaking at the launch of a book…
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