Valuechain - Nigeria's foremost Online Energy News Platform

…Says Corporation’s Pipelines No Where Near Location of IncidentThe Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State, and particularly the residents of Baruwa area, on the gas plant…
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The Chairman, International Energy Service Limited, Dr Duran Fawibe  has said the decision of federal government to remove subsidy on petrol is a welcome development, calling it a courageous decision.President Muhammadu Buhari …
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*The reform is long overdue Time in Nigeria sometimes seems to follow its own rhythm. When the government introduced petrol subsidies they were meant to last just six months. Some four decades later, they endure.Africa’s biggest oil…
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No fewer than five persons have been confirmed dead in the gas explosion that occurred at Baruwa, Alimosho area of Lagos on Thursday.The gas tanker explosion occurred at 5:40 a.m. when a LPG tanker was discharging at the Best Roof…
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The Nigeria Federal Government has ones again recorded a major win in an oil case, following its win in the P&ID case.In this case, the International Centre for Settlement of Investment Dispute in the United States ordered…
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Angered by the questionable manner members were included in the Integrated Payroll and Personnel Management System (IPPIS) of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), some branch members have proceeded…
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Nigeria, Africa’s largest crude oil producer and exporter, expects to end its crude-for-fuel swap deals by 2023 when its refining capacity is set to increase with state refineries revamped and a new refinery built, Mele Kyari, Group…
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The five foreign expatriates rescued by the troops. Credit: Defence Headquarters Troops of Operation Delta Safe have rescued five expatriates that were kidnapped in Yellow Island, Rivers State.The foreigners, comprising three…
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Minister of State for Petroleum Resources, Timipre Sylva, has said that the National Assembly has shifted the Petroleum Industry Bill deliberation to first quarter of next year.According to the minister, the National Assembly said they…
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ExxonMobil Corporation has appealed the ruling of Justice O A. Obaseki-Osaghae of the National Industrial Court in Lagos which held that the corporation can be sued in Nigeria.Ruling in the application filed to stop joining of Exxon…
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