Valuechain - Nigeria's foremost Online Energy News Platform

The World Bank has said that it would start the disbursement of the $750 million it approved for Nigeria’s Power Sector Recovery Programme (PSRP) next year and complete the exercise in 2023.Nigeria’s Power Sector Recovery Programme is…
Read More...

The new chief executive officer of Seplat Petroleum Development Company Plc, Mr Roger Brown, has said that local oil companies deserve special support from the federal government if oil production restriction, which requires reducing their…
Read More...

The Central Bank of Nigeria (CBN) has capped the maximum loan an obligor can access under its N250 billion intervention fund for the gas sector at N10 billion.This is contained in a guideline released on Monday, titled, “Framework for…
Read More...

The Nigerian Electricity Regulatory Commission (NERC) has issued a directive that power distribution companies (DisCos) can collect about 85.84% of the newly increased electricity tariffs from affected customers between September and…
Read More...

The Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Mr. Bayo Ojulari has charged industry players, especially indigenous companies in the Nigerian oil and gas industry to be creative, embrace…
Read More...

The fourth edition of the Nigeria International Petroleum Summit (NIPS 2021) will be a pan-African platform to chart the way forward for the oil and gas industry on the back of production adjustments, COVID-19 induced economic downturn and…
Read More...

Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next because of the uncertain prospects for a recovery in fuel demand after the coronavirus pandemic cut consumption.The…
Read More...

Mr Sarki Auwalu, Director, DPR made the disclosure during a visit of the Federal House of Representatives Committee on Petroleum Resources (Upstream) to the DPR headquarters in Lagos on Wednesday.The News Agency of Nigeria (NAN)…
Read More...

Petroleum Tanker Drivers, PTD, Wednesday, ordered members to halt distribution of petroleum products from Lagos to the northern part of the country from tomorrow (Thursday) till further notice.PTD, in a statement by its National…
Read More...

Imo state will be is set to increase the production of oil in Nigeria with the completion of the Modular refinery that will produce 5,000 Barrels per day.This is one of the key meeting the Federal Government’s agenda of increasing…
Read More...