Valuechain - Nigeria's foremost Online Energy News Platform

*Envoy dies of brain hemorrhage Hossein Kazempour Ardebili, who died on Saturday, was one of the ultimate OPEC negotiators. He was first named Iran’s OPEC governor in 1985. He survived a bombing that left him badly wounded, shrugged…
Read More...

•NNPC moves to reduce production cost After weeks of unprecedented global lockdown occasioned by the coronavirus pandemic that has ravaged businesses, forcing closures and massive supply glut in the oil market, respite appears to be on…
Read More...

The Nigerian Content Development and Monitoring Board (NCDMB) on Friday announced the launch of BrentPlus, a series of initiatives under its Nigerian Oil and Gas Technology (NOGTECH) programme that will stimulate innovations in the oil and…
Read More...

…Offers Land for Modern Health Facility The Honourable Minister of Federal Capital Territory Administration (FCT), Mallam Muhammad Musa Bello, has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) for…
Read More...

Speaker of the Nigerian House of Representatives, Femi Gbajabiamila, has called on the executive arm of government to adopt a feasible crude oil benchmark in the proposed amendment to the 2020 national budget. Speaking at a joint…
Read More...

The Honourable Minister of State for Petroleum Resources, Timipre Marlin Sylva has expressed appreciation to the Government of Saudi Arabia over its recent voluntary reduction in its crude oil production. The Saudi Government has in…
Read More...

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. …
Read More...

...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…
Read More...

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…
Read More...

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…
Read More...