Valuechain - Nigeria's foremost Online Energy News Platform

India in the third quarter of last year topped list of crude oil export destinations of Nigeria, according to newly released data from the Africa’s largest economy bourse, NBS. The Nigerian Bureau of Statistics in its Commodity Price…
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As an immediate response to the rising price of petrol, and by extension, the return of fuel subsidy, the Federal Government has urged operators in Nigeria’s downstream sector of the petroleum industry to shift to Autogas. The call…
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TMC will deliver an offshore compressed air system consisting of three large compressors and control system to the Bonga Main FPSO, which is located 120 km southwest of the Niger Delta, in a water depth of more than 1000 m. The three…
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Shareholders of London-listed Nigerian oil company Lekoil voted on Friday to approve an investor’s bid to add three members to the company’s board, in the culmination of a bitter dispute between its founder and its biggest shareholder. …
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With the recent shortlisting of 161 indigenous companies to advance to the next and final stage of the bid round process for 57 marginal oilfields in the country, the Nigerian oil and gas industry is expected to witness tremendous growth…
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Bayelsa State government has alerted the residents of the presence of some filling stations indulged in the sale of adulterated petroleum products in the state. The state Commissioner for Mineral Resources, Dr. Ebiere Jones, who raised…
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The Price of Bonny Light, Nigeria’s premium oil grade, has risen to $54.11 per barrel, apparently, the highest in 2021, as the Organisation of Petroleum Exporting Countries, OPEC, and others move to achieve stability in the market. This…
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Ghana is set to open sub-Saharan Africa’s first liquefied natural gas-to-power plant as it moves to position itself as a hub for the cleaner and cheaper fuel in the region. LNG-to-power projects have been booming from Asian to Latin…
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BonnyLight Energy and Offshore Limited, a wholly indigenous petroleum downstream and an emerging player in product storage, marketing and distribution of petroleum products and other related services have announced the supply of 20,000.00…
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Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa, notes the recent local press speculation in relation to a letter received by the Company from the Honourable Minister of State of Petroleum…
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