Valuechain - Nigeria's foremost Online Energy News Platform

 …to have equal access to Forex with NNPC at CBN It has been confirmed that the sole-importer status of Nigerian National Petroleum Corporation (NNPC) of petroleum productions into Nigeria has changed again. Private oil marketers have…
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Kazakhstan’s crude oil production has fallen below 1.7 million bpd of crude and condensates, oil analytics firm OilX told Oilprice.com, noting that the giant Tengiz field has seen a jump in Covid-19 cases among workers, at 935. The…
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Yields on Nigerian government debt have fallen since MarchAfrica’s biggest oil producer to hit record deficit this year Nigeria’s economy has been hit by the coronavirus pandemic Nigeria’s early move to tap cheap loans has improved…
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A U.S. court granted Nigeria permission to subpoena London based hedge fund, VR Capital Group Ltd., four subsidiaries and three of its directors for documents. The company is part of a company that received a $9.8 billion arbitration award…
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*The Board and Management of FIRS is poised to discharge its statutory responsibilities without succumbing to blackmail or unnecessary distraction The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has…
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…As Corporation Promises to Construct 14 Permanent Medical Facilities Across 14 States The Secretary to the Government of the Federation and Chairman of the Presidential Taskforce on Covid-19, Boss Mustapha, has applauded the Nigerian…
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Oil futures traded above $30 per barrel on Monday (May 18) for the first time in two months, as the perception of huge production cuts supported prices in a marked contrast to the dire sentiment seen in April, according to Forbes.com. …
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Brent crude, Nigeria oil grades’ benchmark, gained $1.33 or 4.1% to climb to $33.83 a barrel as of 07:34 West African Time after hitting its peak since 13th April. WTI went higher by $1.65 or 5.6% to $31.08, having hit its highest point…
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Marking the 31st anniversary of its establishment, the Nigeria LNG Limited says it has so far paid over $13bn into the federation account for feed-gas purchase since its inception. In a tweet on social media platform, Twitter on Sunday,…
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In Nigeria, one might think that getting a job as lucrative as that of Nigerian National Petroleum Corporation (NNPC) would need connections from godfathers, but new employees of the oil company have said that they got the job based on…
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