Valuechain - Nigeria's foremost Online Energy News Platform

Schneider Electric has, yet, made another giant stride by partnering with Arravo IT Solution company to launch its 6U wall-mount EcoStruxure Micro Data Centre, which eliminates organisation’s information technology (IT) closet and allows…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to combat the build up of fuel queues in some parts of the…
Read More...

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has frowned at the re-emergence of petrol queue across the country, assuring that the situation will normalize in hours.Kyari gave the assurance…
Read More...

Following a six-percent weekly gain last week, oil prices were slightly up yesterday morning, erasing earlier losses as the United States’ dollar weakened again.WTI Crude was up 0.32 percent at $63.30 and Brent Crude was trading up…
Read More...

There is no plan to increase the pump price of Premium Motor Spirit (PMS), popularly known as petrol, for the month of May, said the Nigerian National Petroleum Corporation (NNPC).This followed the announcement by the NNPC Group…
Read More...

Despite the rising price of crude oil in the international market, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has said that there will be no increase the ex- depot price of Premium…
Read More...

Fresh insights as to why the oil majors are gradually scaling down their operations and planning their exit from the country has been unraveled.Investigation by The Nation revealed that among the oil majors, including Royal…
Read More...

The Nigeria Security and Civil Defence Corps, NSCDC at the weekend, paraded eight fake naval officers, arrested for illegally escorting a vessel laden with stolen petroleum products.The NSCDC Commandant in Rivers State, Muktar Lawal,…
Read More...

The federal government of Nigeria has expressed commitment to end both electricity and fuel subsidies by mid-2021.This was revealed by the International Monetary Fund, IMF in a report after the conclusion of its Article IV consultation…
Read More...

Chairman of BUA Group, Abdul Samad Rabiu has said the group is proposing the 200,000 barrels per day (bpd) refinery in Akwa Ibom to help Nigeria cut the huge cost of lifting crude oil, refining and importing the products.He said this…
Read More...