Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the terms of trade for the affreightment of Nigerian crude oil from Free on Board (FOB) to Cost, Insurance and Freight (CIF). The…
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On December 12, 2017, the Vice President, Yemi Osinbajo, was at Ibefun, Ogun State to commission Africa’s largest tank farm built by indigenous oil and gas company, Petrolex Oil and Gas Limited. The property is the site of a 300 million…
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Nigerian Union of Petroleum and Natural Gas workers (NUPENG) has declared that there would be no industrial action or protest over recent hike in price of Premium Motor Spirit (PMS) also known as petrol and the electricity tariff increase…
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The Department of Petroleum Resources, DPR, weekend, ordered petrol retail outlets across the country to immediately undertake the upgrade of their facilities in preparation for the autogas scheme, so as to be able to dispense gas to…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu depot, on Friday warned that petrol may cost more in the South-East should the Federal Government fail to reactivate the Emene depot. He was reacting to the…
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-By Our Reporter The Kano Youth Support Group, a non-partisan assembly of young Nigerians in the commercial City, has raised the alarm over what it described as clandestine social media attacks on Mr. Inuwa Waya, a prominent indigene…
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The former Emir of Kano, Malam Muhammadu Sanusi II, has said that the federal government's efforts to revive the country's economy are right. It was reported this weekend that the former king had said that even before the COVID-19…
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A Canadian judge on Thursday dismissed an application seeking leave to appeal the judgement that confirmed the grounding of a luxury private jet purchased by a former Nigerian oil minister, Dan Etete, with some of the alleged proceeds of…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva, has reiterated that the Federal Government is no longer fixing the pump price of petroleum products in the country. Sylva made this known while briefing newsmen,…
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The Department of Petroleum Resources (DPR) has advised Nigerians to use Compressed Natural Gas (CNG) as an alternative to petrol and diesel in their vehicles for cost effectiveness and efficiency. Chief Executive Officer of DPR, Sarki…
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