Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country in order to avoid a dislocation in…
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The 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference today, Wednesday, 15 July 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and…
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The International Olympic Committee (IOC) remains fully committed to staging the Olympic Games in Tokyo in 2021 and is considering multiple scenarios for them to take place safely, IOC president Thomas Bach said on Wednesday. Japan and…
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Today, Wednesday, a joint ministerial committee oversees production for OPEC + member states to give a recommendation on production policy, starting in August. The Organization of the Petroleum Exporting Countries (OPEC) and its allies,…
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After a two-day virtual court hearing, a judge of the High Court of the United Kingdom, Sir Ross Cranston, has reserved judgement telling lawyers that he would take time to study their submissions and give a ruling at a later date on the…
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The Organisation of Petroleum Exporting Countries (OPEC) has declared that the World appetite for crude oil would hit 97.72 million barrels daily starting from the next five months. The demand for its crude oil too, the cartel said in a…
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The Director, Department of Petroleum Resources (DPR), Sarki Auwalu, in this interview with Nigerian Tribune, speaks on the current volatility in the global oil market and efforts of the federal government to ensure Nigeria’s oil and gas…
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For the first time in many years, the Organisation of Petroleum Exporting Countries, OPEC, has confirmed Nigeria’s ability to cut its output from 1.7 million barrels per day, mb/d in May to 1.4mb/d in June 2020. In its July Oil Market…
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The management of AYM Shafa Limited has congratulated the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari and his management on his one year in office. The company said, Kyari…
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Airborne Oil & Gas on Tuesday announced that ExxonMobil Upstream Integrated Solutions Company (ExxonMobil) has qualified its thermoplastic composite pipe (TCP) product for applications globally.   Airborne Oil & Gas in a…
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