Valuechain - Nigeria's foremost Online Energy News Platform

The Federal Government has lifted the ban placed on the supply of petroleum products to border communities across the nation. It would be recalled that the Comptroller-General of Customs, on November 6, 2019, directed that no petroleum…
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Former Head of the Civil Service of the Federation (HoCSF) Mrs. Winifred Oyo-Ita was on Sunday arrested. Operatives of the Economic and Financial Crimes Commission (EFCC) picked Mrs Oyo-Ita ahead of her arraignment today over an alleged…
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The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has announced that his son tested positive for coronavirus. He made his known via his verified Twitter handle on Sunday. “My son has tested positive to…
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Following the prevailing situation at the international market, the federal government has cut oil benchmark in its N10.33 trillion national budget to N30 per barrel. This year’s budget had an assumed price of $57 per barrel. …
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Oil marketers say they need some clarifications before they can begin to effect changes in the pump price of petrol. They say they are still waiting for the Petroleum Products Pricing and Regulatory Agency (PPPRA) to give them direction on…
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*Manchester United have been excited with the progress of Odion Ighalo, however it seems that the Red Devils will face a huge twist over his transfer Odion Ighalo arrived at Manchester United with little expectations. The Nigerian…
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The House of Representatives Committee Chairman on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has revealed that his committee has been mandated to interface with the management of the Nigerian National Petroleum Corporation, NNPC…
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•As Corporation’s Downstream Subsidiary, PPMC, Records ₦337.63b Petroleum Products Sales The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus of ₦5.28billion in its December 2019 operations,…
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The uncertainty in the global economy has continued to increase due to the effects of the COVID-19 pandemic. The disease as well as the oil price war between Russia and Saudi Arabia, have damaged appetite for assets prices across the…
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The Petroleum Technology Association of Nigeria (PETAN) has a new leadership. It is led by Mr. Nicolas Odinuwe who emerged the new chairman at the organization’s annual general meeting (AGM), which held Wednesday March 18, 2020 at Novotel…
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