Valuechain - Nigeria's foremost Online Energy News Platform

The Federal Government has acquired about 1,000 conversion kits that will change petrol powered trucks and small vehicles to start running on autogas. It was also gathered that the kits were being deployed across the country, as the…
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Nigeria has opted for non-discretionary award of petroleum licences, with open bid rounds as the core framework, if the Petroleum Industry Bill (PIB) currently in its parliament is the signpost of things to come. The 252 -page draft…
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Five Governors of the South-East, Minister of State, Petroleum Resources, Mr Timipre Sylva, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) and other stakeholders in the gas sector will converge on Owerri on…
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The debts owed by oil and gas companies to Nigerian banks rose by N90bn in the second quarter of this year to nearly N5trn as many operators struggle to stay afloat in the face of depressed prices and demand, reports say. Nigerian banks…
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All is now set for the 3rd Valuechain Annual Lecture and Awards which will hold on Monday, 12 October, 2020 at Fraser Suites, Abuja. The theme of this year’s lecture is ‘The Role of Media in the Nigerian Petroleum Sector Reform and…
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The 3rd Valuechain Annual Public Lecture and Awards is upon us already. It holds this Monday at Fraser Suites, Abuja at 9:30AM; view the flier attached for more details. If you…
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Ajibola Akindele, GM Process Automation, Schneider Electric (West Africa)Schneider Electric, global specialist in energy management and digital transformation, has stated its readiness to reinforce capacity building initiatives in Nigeria…
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...Growth to shrink by 3.3% The World Bank has released its Africa Pulse Report 2020, advising oil producing countries in Africa to brace for at least $115 million in output losses this year, just as it predicted that real Gross…
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The federal government has commenced the conversion of official vehicles belonging to Ministries, Departments and Agencies (MDAs) from petrol to Compressed Natural Gas (CNG) in designated centres in Abuja. It said part of the move was…
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World oil demand will plateau in the late 2030s and by then begin to decline, the Organization of the Petroleum Exporting Countries (OPEC) said in its 2020 World Oil Outlook. OPEC said on Thursday that the plateau and subsequent decline…
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