Valuechain - Nigeria's foremost Online Energy News Platform

Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next because of the uncertain prospects for a recovery in fuel demand after the coronavirus pandemic cut consumption. The…
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Mr Sarki Auwalu, Director, DPR made the disclosure during a visit of the Federal House of Representatives Committee on Petroleum Resources (Upstream) to the DPR headquarters in Lagos on Wednesday. The News Agency of Nigeria (NAN)…
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Petroleum Tanker Drivers, PTD, Wednesday, ordered members to halt distribution of petroleum products from Lagos to the northern part of the country from tomorrow (Thursday) till further notice. PTD, in a statement by its National…
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Imo state will be is set to increase the production of oil in Nigeria with the completion of the Modular refinery that will produce 5,000 Barrels per day. This is one of the key meeting the Federal Government’s agenda of increasing…
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The Department of Petroleum Resources (DPR) has warned marketers operating in Zamfara not to use petrol subsidy removal as an excuse to exploit customers at the filling stations. The Operations Controller in charge of Gusau DPR Field…
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Roger Brown, new CEO of leading indigenous oil and gas company, Seplat Petroleum Development Company Plc said local oil companies deserve some respite from government if oil production restrictions, which requires reducing their output is…
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Oil prices rose on Tuesday, ahead of the weekly crude inventory data releases, but traders remain concerned about the pace of the recovery in global oil markets. After a sobering Organisation of Petroleum Exporting Countries (OPEC)…
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…Saves Billions of Dollars in Liabilities for Nigeria The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards. A press release by the…
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The Federal Government has stated that its N250 billion intervention facility for the national gas expansion programme is targeted at making Compressed Natural Gas (CNG) the fuel of choice for transportation and Liquefied Petroleum Gas…
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The $1 billion Ogoni cleanup in Nigeria’s Niger Delta has been brought back to the front burner as Civil Society Legislative Advocacy Centre (CISLAC) has demanded the probe and sack of incompetent contractors. United Nations…
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