Valuechain - Nigeria's foremost Online Energy News Platform

…Business continuity requires cost efficiency for Survival …Gas will unlock the industry …Non passage of PIB resulted to low investments in the sector Shell Nigeria Exploration and Production Company (SNEPCo) is one the…
Read More...

…Awarded EPC contract for Train 7 …Train 7 to add to capacity from 22 to 30million tons …Asset base now $11billion and has delivered more than $110million revenue with half a million dollars dividends to shareholders …Company…
Read More...

Nigeria is bridging all gaps in fulfilment of its pledge to cut production in alignment with the OPEC+ pact, as production falls by 185, 000 barrels per day. The country’s crude oil production plunged by 185,000 barrels per day to 1.59…
Read More...

Oil traders have flagged the start of hurricane season as a potential headwind for crude oil prices. Crude oil prices finished with a weekly gain of about 10% on Friday, as the sudden drop in U.S. production output of crude oil, along…
Read More...

The Governor of Kaduna Sate, Nasir El-Rufai, has lauded the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, stating that he is the “game changer” needed to move the corporation forward in terms of…
Read More...

The Nigerian National Petroleum Corporation (NNPC) says its target to grow the nation’s reserve to 40 billion barrels by the year 2023. This was disclosed by Malam Mele Kyari, Group Managing Director, NNPC. He spoke during the…
Read More...

Nigeria lost $48 million to pipeline vandalism and crude oil theft between January and June 2020, it was learnt on Tuesday. It was further learnt that it is practically impossible for now to stop the smuggling of crude oil products…
Read More...

OPEC predicted that fuel demand will remain “under pressure” during the second half of this year because of the ongoing economic fallout from the coronavirus, a day before ministers were due to assess world markets. While there will be…
Read More...

Some states in Nigeria still pay more for one litre of petrol despite newly released price band of N121.50 to N123.50 per litre by the Petroleum Products Pricing Regulatory Agency, PPPRA earlier in the month. The National Bureau of…
Read More...

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, says the organisation does not know the exact litres of oil being consumed in the country per day. He, however, said the NNPC has the record of the…
Read More...