Valuechain - Nigeria's foremost Online Energy News Platform

PPPRA template had increased the pump price, currently standing at N162 to N212.6 per litre but the national oil company on it’s official Twitter handle countered the move, noting that the pump price has not changed.PPPRA template,…
Read More...

Crude futures rallied nearly 3% March 11 amid a rising tide of bullish sentiment fueled by improved second-half 2021 outlooks.In its closely watched Monthly Oil Market Report released March 11, OPEC revised up its forecast of 2021 oil…
Read More...

Federal authorities on Thursday initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households.The fuel pricing regulator PPPRA said in its template released on…
Read More...

...Achieves first gas to Rite Foods factoryAxxela Limited via its subsidiary Transit Gas Nigeria Limited (TGNL), and in partnership with the Nigerian Gas Marketing Company Limited (NGMC) a subsidiary of the Nigerian National Petroleum…
Read More...

-By Teddy Nwanunobi The Federal Government has requested from the 161 companies shortlisted as bid winners of the 57 marginal fields on offer in the country’s second marginal field bid round for the signature bonus.It added that it…
Read More...

*It was impossible to hide such magnitude of money anywhere --AjiyaThe Nigerian National Petroleum Corporation (NNPC) and the Office of the Auditor-General for the Federation, on Tuesday, disagreed over non-remittance of …
Read More...

The six winning female Start-up Founders at the just-concluded Nigeria Digital Economy Summit (NDES) Accelerator Programme held in collaboration with Foresight Seeds Fund, a part of The Foresight Group, will receive some sponsorship and…
Read More...

*PEF's main function is to ensure price uniformity of petroleum products via the reimbursement of marketers for trucking products to filling stations anywhere in NigeriaThe Independent Petroleum Marketers Association of Nigeria (IPMAN)…
Read More...

A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Ijaw Local Government Area of Bayelsa, has been shut by the host community.The News Agency of Nigeria (NAN) reports that the oil workers…
Read More...

-By Teddy Nwanunobi The Department of Petroleum Resources (DPR), on Wednesday, said that it has sealed off 86 Liquefied Petroleum Gas (LPG) plants in Lagos State in 2020 for operating illegally.Lagos.nnnDPR, in its Twitter handle,…
Read More...