Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria, Africa’s largest crude oil producer and exporter, expects to end its crude-for-fuel swap deals by 2023 when its refining capacity is set to increase with state refineries revamped and a new refinery built, Mele Kyari, Group…
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The five foreign expatriates rescued by the troops. Credit: Defence Headquarters Troops of Operation Delta Safe have rescued five expatriates that were kidnapped in Yellow Island, Rivers State. The foreigners, comprising three…
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Minister of State for Petroleum Resources, Timipre Sylva, has said that the National Assembly has shifted the Petroleum Industry Bill deliberation to first quarter of next year. According to the minister, the National Assembly said they…
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ExxonMobil Corporation has appealed the ruling of Justice O A. Obaseki-Osaghae of the National Industrial Court in Lagos which held that the corporation can be sued in Nigeria. Ruling in the application filed to stop joining of Exxon…
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Oil prices rose more than two per cent on Monday, lifted by comments from doctors for U.S President Donald Trump, suggesting he could be discharged from hospital as soon as Monday. This is just a few days after his positive coronavirus…
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Alhaji Ahmed Nuhu Bamalli has been named the 19th Emir of Zazzau. He succeeds Alhaji Shehu Idris, who died on Sunday, September 20 after a 45-year-reign. Bamalli is the first emir from the Mallawa ruling house in 100 years after his…
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"We must follow the process. This development runs contrary to Nigeria's laws regulating the oil and gas industry as it does not protect our national interest" The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and…
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*As OPEC warns of leaner demand ahead Thirty per cent of world’s oil demand has been affected by the lockdown from the COVID-19 pandemic, it was learnt. Secretary-General, Organisation for the Petroleum Exporting Countries, OPEC,…
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By Kurt Davis Jr., banker Can Nigeria’s President employ the strategy of Saudi Arabia's Crown Prince in privatising a state oil corporation? The goal to privatise the Nigerian National Petroleum Company (NNPC) – a state oil…
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Stakeholders in the nation's automobile industry have commended the federal government for its position on Autogas Policy, saying it is a right step in the right direction. The federal government had last month ordered chief executive…
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