Valuechain - Nigeria's foremost Online Energy News Platform

Saudi Oil Minister Prince Abdulaziz bin Salman likes the idea of OPEC+ acting as the central bank of oil. And he expresses admiration for Alan Greenspan, former chairman of the U.S. Federal Reserve. The challenge now confronting the oil…
Read More...

Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, blamed fuel subsidy and non-deregulation of the downstream petroleum sector for the low refining capacity in the country, noting that subsidy made it impossible for…
Read More...

The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention Fund from US$200 million to US$350 million. The enlargement of the Fund by US$150…
Read More...

Non-compliance by some Organisation of Petroleum Countries (OPEC) members, such as Nigeria, has raised concern of an oil price war, market-watchers warned at the weekend. One of the analysts, Director School of Energy Economics, Policy…
Read More...

*Football great also led Ireland to first major finals at 1988 European Championship and 1990 World Cup quarter-finals Jack Charlton, a football World Cup winner with England who became the darling of Ireland after leading their…
Read More...

Congratulatory messages from stakeholders keep pouring in as The Valuechain Magazine marks its second year of hitting the news-stand. So far, all the accolades received have been so wonderful and encouraging. The management and members…
Read More...

Today, Friday, the President of Nigeria, Muhammad Buhari, may have signed the revised federal budget, according to the tweet of Bishr Ahmed, a Presidential Aide. Revised Nigeria budget revenue is based on the assumption of $ 25 a barrel…
Read More...

Chief Executive of Canadian Overseas Petroleum Limited (LON:COPL), Arthur Millholland has said that “with the commercial terms settled in the agreement in principle, the legal language over a number of agreements has taken time to…
Read More...

The Department of Petroleum Resources, Gombe State field office, has organised a technical session for its oil and gas technical partners in the state. The Controller, DPR Gombe field office, Mr Yahaya Maishera, said the technical…
Read More...

Nigeria’s excess crude account held $72.41 million as of July 7, the country’s finance minister said on Thursday. Zainab Ahmed gave the figure during a meeting of the country’s National Economic Council. The oil savings account, which…
Read More...