Valuechain - Nigeria's foremost Online Energy News Platform

The Federal Government is no more going to be releasing guiding price bands for the sale of petrol at filling stations; hence, oil marketers are now free to fix prices. It released petrol price bands for about three months although some…
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Facts have emerged as to how the Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari secured a $300m reduction in the Ajaokuta-Kaduna-Kano Gas project It was learnt that after several failed attempts in the…
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The Petroleum Products Pricing Regulatory Agency (PPPRA) on Wednesday said there was no relationship between the prices of crude oil in the international market and the pump price of petroleum products. This is contrary to what the…
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Twelve years after the controversial Petroleum Industry Bill (PIB) is yet to see the light of the day, stakeholders including community leaders in the Niger Delta discovering the bill in circulation does not address the yearnings of host…
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The Governor of Bayelsa, Sen. Duoye Diri, said that the Nigerian Maritime Administration and Safety Agency (NIMASA) was key in weaning Nigeria from its dependence on crude oil. Diri disclosed this in a statement signed by Mr Philip…
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Chief Operating Officer, Gas and Power of Nigerian National Petroleum Corporation (NNPC), Engr. Yusuf Usman, disclosed that the corporation is building a gas industrial base. “The more you have gas-based industries in Nigeria, the more…
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Deregulation, subsidy and electricity hike are not new in the history of Nigeria. Successive governments in the country’s current political dispensation from 1999 till date have battled with these tripod issues in the country’s political…
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President Muhammadu Buhari on Monday for the first time personally defended the recent hike in price of premium motor spirit (PMS) popularly known as petrol and electricity tariff. President Buhari spoke on the decisions which had…
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Agusto & Co, an indigenous African credit rating agency is forecasting a revenue fall of about N4.3 trillion by oil marketers in Nigeria due to the economic impact of coronavirus pandemic on fuel consumption. “The consumption of…
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The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil from an incident at its facility in Nun River, Angiama area of Bayelsa State in March 2020. In a statement…
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