Valuechain - Nigeria's foremost Online Energy News Platform

Minister of State for Petroleum Resources, Timipre Sylva has stated that the return of fuel subsidy will lead to a scarcity of fuel in the country. Recall that the Federal government recently announced the stoppage of fuel subsidy which…
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-By Gideon Osaka The dust raised concerning the Ajaokuta, Kaduna, Kano (AKK) gas pipeline project has finally been put to rest following the clarification from the Bureau of Public Procurement (BPP). Prior to the clarification by…
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-By Fred Ojiegbe Nigeria made an impressive plus two record, in its rig count in August, having posted eight, as against six posted in July, at a time the Organisation of Petroleum Exporting Countries, OPEC recorded a dismal minus 15,…
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Schneider Electric on Monday announced the availability of a new category of Uninterrupted Power Supply (UPSs) smart solution from its APC, that can help electricity consumers in Nigeria reduce total spend on electricity tariff. This is…
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Organized labour, in the early hours of Monday, suspended the proposed strike over increase in prices of petrol and electricity tariff. The suspension was contained in a communique jointly signed by labour leaders and the Federal…
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Jigawa state overnor, Mohammed Badaru Abubakar has pleaded with President Muhammadu Buhari to look into the plight of Nigerians by reversing the fuel price and electricity tariff hike. Badaru, who made the call at the commissioning of…
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The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business and create opportunities in the oil and gas sector. A statement signed by Mr Paul…
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Five innovative teams were at the weekend selected as the winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Nigerian Content Development and Monitoring Board (NCDMB). The teams are Fuel Intellisense,…
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It is four years since Alhaji Ahmed A. Bobboi, the Executive Secretary of the Petroleum Equalisation Fund (Management) Board took over the baton of leadership at the agency, saddled with the responsibility of reimbursing petroleum…
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OPEC's expected supply/demand balance would result in Organisation for Economic Co-operation and Development (OECD) commercial stocks standing well above the latest five-year average in 3rd Quarter of 2020, Secretary-General of OPEC, His…
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