Valuechain - Nigeria's foremost Online Energy News Platform

The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang has said that plans were on the way for Nigeria to sell petrol less than N100 per litre. Senator Enang said as soon as local refineries…
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OPEC+ could hold an extraordinary meeting in October if oil markets weaken further, Saudi Energy Minister Prince Abdulaziz bin Salman said, according to an OPEC+ source. Brent oil prices extended their gains to trade up 3% on the news,…
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The Department of Petroleum Resources has said more investors are showing interest in establishing modular refineries in the country following the deregulation of petrol. The Director, DPR, Mr Sarki Auwalu, was quoted in a statement on…
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The Nigerian National Petroleum Corporation (NNPC) has shortlisted 78 companies to bid for the rehabilitation of oil pipelines and deport infrastructure across the country. The News Agency of Nigeria (NAN) recalls that over 300…
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For helping to resolve the age-long cost dispute between the Nigeria National Petroleum Corporation and Chevron Nigeria Limited leading to the signing of the Escravos Gas to Liquid (EGTL) Agreement in favour of Nigeria, Sen Bassey Akpan…
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The Federal Government announces plans to begin the conversion of cars for gas fueling by October 2020 following the recent hike in the price of petrol fuel. The recent hike in the price of petrol fuel has made natural gas about 40%…
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More than 3,500 sq km of new PGS broadband reprocessed MultiClient data is now available in the West Niger Delta Basin, providing a clearer image of potential targets in blocks OPL 248, 249, 250, 2011, and OML 140.…
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Zenith Energy, the listed international oil & gas production company focused on pursuing African development opportunities, has submitted a technical and commercial bid with the Nigerian Department of Petroleum Resources (‘DPR’) for a…
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Youths of Agbidiama community in the Ekeremor Local Government Area of Bayelsa State, on Thursday, protested against the Shell Petroleum Development Company of Nigeria (SPDC), disrupting oil production activities at the company’s flow…
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Engr Sarki Auwalu, Director of the Department of Petroleum Resources (DPR), says that the federal government is committed to ensuring, in the next few years, that most vehicles in Nigeria are fuelled by autogas. During the oversight…
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