Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy NwanunobiNIPCO Plc has been commended by the Minister of State for Petroleum Resources, Chief Timipre Sylva, for its commitment to the development of requisite infrastructure to enhance effective utilisation of the nation’s…
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By Teddy Nwanunobi The Nigerian Security and Civil Defence Corps (NSCDC), on Monday, said that it has received from the Nigerian Navy (NN) among other things 304 (50 kilogramme) polythene bags of crude oil.NSCDC also said that…
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By Teddy Nwanunobi The Organisation of the Petroleum Exporting Countries (OPEC), on Monday, said that its price of basket of 13 crudes stood at $63.63 a barrel on Friday.The above price is compared with $63.06…
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By Teddy NwanunobiAhead of the 29th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 16th OPEC and non-OPEC Ministerial Meeting (ONOMM) scheduled for Wednesday, April 28, 2021, the Joint Technical Committee (JTC),…
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By Teddy Nwanunobi The Nigeria Liquefied Natural Gas (NLNG) Company has received N20 billion tax waiver from the Federal Inland Revenue Service (FIRS) for the construction of Bodo Bonny Bridge in Rivers State.Valuechain reports…
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By Teddy NwanunobiThe House of Representatives has resolved to set up an ad hoc committee to ‘investigate the gas flare volume reported by the Nigerian government and the NOSDRA Gas Flare Tracker’, with the specific purpose of…
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By Teddy Nwanunobi The latest report from the Nigerian National Petroleum Corporation (NNPC) reveals that Nigeria’s four refineries lost a combined total sum of N177.21 billion for being idle from July 2019 to January 2021.…
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The Nigerian National Petroleum Corporation, NNPC has blamed loss of N177 billion from the refineries on efforts at “revamping”.The loss, according to the Nigerian National Petroleum Corporation, NNPC’s monthly report, was incurred…
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The Shell Petroleum Development Company of Nigeria Limited, SPDC experienced 73 oil spill incidents across the Niger Delta, as a result operational failure and sabotage in the second half of the year 2020.The Dutch oil firm experienced…
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An indigenous energy firm, OMAA has rolled out Nigeria’s first locally assembled natural gas-powered buses and are already producing in volumes.Valuechain gathered from the assembling outfit that the roll out took place at its facility…
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