Valuechain - Nigeria's foremost Online Energy News Platform

The Ministry of Petroleum Resources is looking to attract more investments from the United States and strengthen cooperation in the energy sector. The Minister of State for Petroleum Resources, Chief Timipre Sylva, was part of the…
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Huawei is expected to launch its Digital Oilfield IOT Solution NIPS2020. Nigeria is one of the largest and oldest oil producers in Africa. The oil and gas sector is one of the most important sectors in the country’s economy, accounting for…
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The Ministry of Petroleum Resources is looking to attract more investments from the United States and strengthen cooperation in the energy sector. The Minister of State for Petroleum Resources, Chief Timipre Sylva, was part of the…
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Most of the major players in the downstream sector of the nation’s oil and gas sector saw their profits drop last year, according to official data collated by our correspondent on Wednesday. An analysis of the financial statements of…
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Most of the petroleum stations in Badagry communities have closed as the National Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) suspended distribution of fuel to the city. Mr Tayo Aboyeji, Chairman, South-West Chapter…
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With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set up by the Organisation of Petroleum Exporting Countries (OPEC) and its allies have recommended a provisional cut of 600,000…
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Nigeria is an oil producing country with lots of oil bloc (also called oilfield) and oil well. Oil bloc is an area with many oil Wells. An oil well is a space or pocket of oil underneath the earth's surface. Not all oil wells…
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…Asserts that Discos, Gencos deceived Nigerians on their ability The Nigerian Senate has said that it has come to the conclusion that the 2005 power sector privatisation in the country has collapsed, saying that there is need to revisit…
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Nigeria lost N522.2million through 28,349.72 barrels of crude oil spilled into the environment by oil and gas companies in 2019. The National Oil Spill Detection and Response Agency, NOSDRA,disclosed this in a data obtained. A barrel…
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The Department of Petroleum Resources (DPR), yesterday, in Abuja, said it may be forced to take drastic action against erring oil and gas firms in an attempt to address frequent cases of explosion and accidents in the industry. Cases of…
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