Valuechain - Nigeria's foremost Online Energy News Platform

Axxela Limited has joined the register of companies to successfully raise capital on the floor of The Nigerian Stock Exchange (NSE or The Exchange) even in these challenging times. The company listed the Axxela Funding 1 Plc’s…
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…Nigeria pioneer indigenous modular refinery. …Upgrading refinery capacity from 6000 barrels to 11000 barrels per day. …Refinery to produce petroleum products across downstream value chain and serves as import substitution for…
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...Building of 50000 per day refinery …Africa’s consumption of energy is poor while consumption grows GDP …Emerges as an independent world class firm and the best refining and petrol-chemical company at NIPS 2020 The oil and gas…
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Reigning Masters champion Tiger Woods struggled with back issues on his way to a four-over par 76 on Friday, but avoided missing the cut at the Memorial tournament for the first time. The 44-year-old superstar, playing his first PGA…
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Samsung Heavy Industries (SHI) has said it is developing innovative methods that would assist in modernising shipbuilding in Nigeria. The company, in a statement, said it has commenced thorough research across multiple centres in Geoje,…
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-By Saidu Abubakar Following the recently launched gas pipeline laying project by President Mohammed Buhari from Ajaokuta through Abuja, Kaduna to Kano code-named AKK, various stakeholders in the country have welcomed and have been…
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The Nigerian Ports Authority (NPA) said that 21 ships at the Lagos ports were discharging petroleum products and food items. The NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the…
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The Kaduna Refining and Petrochemical Company Limited (KRPC) generated no revenue in 2018, the first audited financial statements of the Nigerian National Petroleum Corporation (NNPC) after 43 years of its operation have shown. Details…
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The Organization of Petroleum Exporting Countries, OPEC and its partners have called for close monitoring of the oil cuts by the Joint Technical Committee, JTC. In a statement at the end of its 20th virtual meeting of the Joint…
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Nigerian government has said that Industrial Developments (P&ID) got the 20-year gas supply purchasing agreement (GSPA) contract illegally by bribing some officials. Nigeria’s lawyer, Mark Howard on Tuesday, told Ross Cranston, a UK…
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