Valuechain - Nigeria's foremost Online Energy News Platform

Oil markets are re-balancing after a collapse in demand following the coronavirus outbreak but the pathway to “the next normal” is still very uncertain, the CEO of Abu Dhabi’s National Oil Company (ADNOC) said Thursday. …
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...Says policy came into effect, March 19 …Says intervention in pricing would continue due to marketers’ exploitative tendencies …Laments rise in food prices, despite fuel price slash The Federal Government on…
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Nigeria’s chief oil grade, Bonny Light, sustained its steady rise on Wednesday, adding up 46 cents or 1.79% to close at $26.13. Brent crude, Nigeria’s crude grades benchmark’, had risen by 18 cents or 0.6% as of 07:21 West African Time…
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Nigerian professional clubs are spoiling for a fight with the Nigeria Football Federation (NFF) after they were overlooked in the sharing of “coronavirus palliatives” recently, scorenigeria has revealed. The NFF have remained silent…
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Various species of fish of different sizes have been killed in Kano by industrial waste released over the weekend into River Wudil. Alhaji Lawan Wudil, an official in Wudil District Head’s palace told Daily Trust on Thursday that it was…
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Following collapsed demand for Nigeria’s oil in the international market, and while buyers obliged to take cargoes under long-term contracts are postponing deliveries they don’t need, Nigeria is reportedly running out of places to park its…
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The Ministry of Interior, the Nigerian Content Development and Monitoring Board (NCDMB) and the Department of Petroleum Resources (DPR) have warned against the illegal use of expatriate permit. The trio disclosed that Manpower Supply…
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The Kingdom of Saudi Arabia will enforce a 24-hour curfew and total lockdown from Ramadan 30 to Shawwal 4 – May 23 to May 27 – in all cities and regions across the Kingdom. The period coincides with the Eid Al-Fitr holidays. The…
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…Says 7 years FID jinx has been broken The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB) Engr. Simbi Kesiye Wabote has hailed the outstanding roles played by the Minister of State for Petroleum Resources,…
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Shareholders of the Nigerian Liquefied Natural Gas (NLNG) have signed the Engineering, Procurement and Construction (EPC) contract for the commencement of NLNG’s Train 7 construction with the SCD JV Consortium, comprising affiliates of…
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