Valuechain - Nigeria's foremost Online Energy News Platform

The Nigeria Governors Forum has recommended that the price of Premium Motor Spirit, also known as petrol, should be between N380 and N408.5 per litre. The price band was made known on Wednesday at a meeting of the NGF. A committee,…
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President Muhammadu Buhari has urged investors to explore vast opportunities for human and natural resources in Nigeria while assuring that fiscal policies would be more favourable, predictable and tilted towards creating a harmonious…
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Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said the ongoing transformation of Africa’s largest thermal plant, Egbin Power Plc is indicative of the quality of expertise and huge investment…
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This was revealed by the National Chairman of the Nigeria Labour Congress (NLC), Ayuba Wabba, on Wednesday. He said the decision was to to honour the invitation of the Federal Government on Thursday to mediate in the dispute between…
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By Teddy Nwanunobi The Minister of State for Petroleum Resources, Chief Timipre Sylva, has confirmed that Royal Dutch Shell is in talks with the Federal Government to sell its stake in onshore oilfields. It accounts for around…
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The National Agency for Food and Drug Administration and Control (NAFDAC) has granted approval for a conditional emergency use authorization for Johnson & Johnson COVID-19 vaccine to prevent COVID-19. It is to be administered to…
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•Says proceeds of marginal fields used to augment FAAC The federal government is weighing some options as discussions with Anglo-Dutch oil company, Shell Petroleum Development Company, begin over its plan for total divestment from…
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The Nigerian government introduced the marginal field development programme in 1996 to help grow the country’s oil and gas production by divesting the majors of dormant discoveries and making same available to indigenous operators who are…
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The Pan Niger Delta Forum (PANDEF) has called for a thorough investigation into the series of attacks on police formations and personnel in the country. The call was contained in a communique jointly signed by its National Leader, Chief…
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The Minister of State for Petroleum Resources, Timipre Sylva, has revealed that the Department of Petroleum Resources, DPR, rescued Nigeria from a financial crisis by remitting funds to the Federation Account Allocation Committee, FAAC, in…
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