Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and Ex-Depot Price (with collection) to N130 and N155.17 respectively…
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The Nigeria Liquefied Petroleum Gas Association (NLPGA) is set to host its 10th International Annual LPG Conference, on Friday, December 4, 2020. This year’s edition, which will be the first to be hosted virtually, due to the prevailing…
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Plans are underway for a Forward Operating Base (FOB) to be established at Tarkwa Bay Island for credible presence to sustain gains recorded by military clearance operation, KUROMBE, an exercise carried out by joint taskforce, Operation…
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The Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre.…
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Transnational Corporation of Nigeria Plc (Transcorp) announced today that it has entered into an agreement with Sacoil Holdings Limited (now Efora Energy Limited, “Efora”) to settle all existing legal disputes around its Oil Prospecting…
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With the continued delay in the passage of the Petroleum Industry Bill (PIB) leading to a frigile fiscal regime mired by uncertainty, the African Energy Chamber (AEC), has said Nigeria and other African countries should expect a capital…
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The Commissioner for Lagos State Ministry of Energy and Mineral Resource, Olalere Odusote, has said the government is working aggressively towards actualising a gas agenda that promotes expansion and utilisation in the state.Olalere,…
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The Gulf of Guinea, GoG, late yesterday recorded fifth pirate attacks within six days as report just released by Dryad Global, indicates that a Marshall Island flagged vessel, M/T LA BOHEME was last night at 2036 UTC, attacked by 2 skiffs…
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The Nigeria Liquefied Natural Gas (NLNG) Limited says it will increase its allocation of Liquefied Petroleum Gas (LPG) to the domestic market from 350, 000MT to 450, 000MT by 2021.The NLNG said the move was aimed at supporting the…
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Crude oil prices recorded impressive gains amid high hopes that leading oil producers will suspend plans on increasing oil supply.The recorded impressive gains in barely four days, gained as much as 12% amid high hopes that the world’s…
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