Valuechain - Nigeria's foremost Online Energy News Platform

...Declares situation as a matter of life and death Based on the advice of the Federal Ministry of Health and the National Centre for Disease Control, NCDC, President Muhmmadu Buhari has directed the restriction of all movements in…
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The exceptional leadership qualities of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) is increasingly coming to the fore, especially at this challenging period. His ability to match action with words…
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Most of Africa’s top planned oil and gas projects were expecting sanctioning under an oil price assumption of between $55 and $60 per barrel. Now, with oil prices falling to below their break-even costs, Rystad Energy expects many projects…
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African governments set to see decline in revenues; Exploration projects put on hold; Thousands of local jobs at risk if nothing is done. While the short-term effects of Covid-19 on world economies are already being felt and put…
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Nigerian oil company Seplat is targeting cost cuts of at least 30% amid a steep oil price crash, an executive told Reuters on Monday. Chief Financial Officer Roger Brown said the cuts, which would ideally be higher in the short term,…
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Global oil demand is set to plunge by more than 10 percent from the typical 100-million-bpd consumption, as the raging coronavirus pandemic forces countries into lockdown, according to the world’s biggest independent oil trader, Vitol. …
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The Department of Petroleum Resources (DPR),has said that Nigeria currently consumes about 38.2 million litres of petrol daily. The agency in its national stock reports, also said the country has a stock of fuel that could sustain it…
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Long queues are beginning to appear in the Nigeria's capital FCT as Residents prepare for the long week ahead Just few days ago, the FCT Minister declared a partial shut down of the city, with religious centres such as Churches and…
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The Nigerian National Petroleum Corporation (NNPC) is to establish an energy renewable plant in Benue State using agricultural products as part of efforts by the Federal Government to diversify the nation’s economy. The corporation’s…
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*Do Not Die In Silence When Your Problems Can Be Solved Within 48hrs. Seeing Is Believing. For More Info: click here Update-11. If you have a runny nose and sputum, you have a common cold. 2. Coronavirus pneumonia is a dry cough with…
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