Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria lost $48 million to pipeline vandalism and crude oil theft between January and June 2020, it was learnt on Tuesday. It was further learnt that it is practically impossible for now to stop the smuggling of crude oil products…
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OPEC predicted that fuel demand will remain “under pressure” during the second half of this year because of the ongoing economic fallout from the coronavirus, a day before ministers were due to assess world markets. While there will be…
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Some states in Nigeria still pay more for one litre of petrol despite newly released price band of N121.50 to N123.50 per litre by the Petroleum Products Pricing Regulatory Agency, PPPRA earlier in the month. The National Bureau of…
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The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, says the organisation does not know the exact litres of oil being consumed in the country per day. He, however, said the NNPC has the record of the…
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The continued delay in the reform of the Nigerian petroleum industry has resulted in the loss of at least $20billion indirect investments annually, Nigeria Natural Resource Charter (NNRC) has disclosed. This information was given during…
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The Director of Petroleum Resources, Engr. Sarki Auwalu has inaugurated the network code operationalisation teams for the full implementation of the Nigeria Gas Transportation Network Code (NGTNC) which was recently launched by the…
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The 19th Joint Ministerial Monitoring Committee (JMMC) was held via videoconference, today, Thursday, 18 June 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and…
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The Nigerian National Petroleum Corporation (NNPC) has commenced the search for hydrocarbon in parts of Niger, Kwara and Kogi States, the Group Managing Director (GMD), Malam Mele Kolo Kyari, has disclosed. Kyari said in Minna during a…
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OPEC + sources said that the group's technical experts had not decided on any recommendations for a further extension of a record cut in oil supplies during talks on Wednesday. The sources added, according to Reuters, that the experts…
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In its determination to unearth scalable solutions to some of the biggest challenges confronting the nation’s oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Learners Support…
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