Valuechain - Nigeria's foremost Online Energy News Platform

In order to solve the perennial power challenge at the Obudu Mountain Resort, the Cross River State Government has procured and installed 60kw solar plant at the resort. Mr. Bobby Ekpenyong, the Special Adviser to the State Government…
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The Federal Government and oil companies in the country lost an estimated N170.77 billion from January to December last year. Analyses by Biz Watch Nigeria on Tuesday showed that a total of 166.27 billion standard cubic feet of natural…
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The Secretary General, Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, has said that given the very bad experience of 2020, the worst part of the crisis in the global oil market has been put behind it by the oil…
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Nigeria Liquefied Natural Gas (NLNG) Limited has said its production alone cannot meet the country’s domestic demand for Liquefied Petroleum Gas (LPG) popularly known as cooking gas. NLNG also stated that it delivered a total of 375,000…
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The first export cargo of Nigeria’s newest crude grade, Anyala, is on its way to Northwest Europe, trading and shipping sources disclosed to S&P Global Platts Monday. The Aframax Minerva Clara loaded a 700,000 barrel stem of Anyala…
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There are indications that limited investment has taken a toll on exploration, as Nigeria’s rig count dropped year-on-year by 27.8 per cent to 135 in the year 2020, from 187 in 2019. The oil rig count, a major index for measuring level of…
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Despite the efforts of the Federal Government to boost gas availability, Nigerians actually paid more money to refill their 12.5kg gas cylinder in December than they did in the month of November. This is because the average price for…
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President Muhammadu Buhari will on Thursday virtually inaugurate the National Oil and Gas Excellence Centre (NOGEC) Lagos, as part of effort to boost the operations of the Nigeria oil and gas sector. The Director of Department of…
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One of the beneficiaries of the unprecedented monetary and fiscal stimulus, the Biden electoral victory, the Democratic “blue wave” win, and the discovery of the COVID-19 vaccine is crude oil. Optimism over the economic recovery lifted…
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The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020. A press release by the Group General Manager, Group Public Affairs…
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