Valuechain - Nigeria's foremost Online Energy News Platform

The recurring pipeline vandalism, which has done a lot of damage to both the Nigerian environment and the economy at large, may be a thing of the past, if the recent involvement of host communities by the Nigerian National Petroleum…
Read More...

-By Kenny Folarin In a notice filed at the Nigerian Stock Exchange on Wednesday, the company said the change of name was approved by its shareholders at an Extra-ordinary General Meeting, which held  in Lagos on Tuesday. …
Read More...

Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government has pegged oil production at 2.18 Million Barrels Per Day (MBPD) in the 2020 budget. Ahmed made this known at the Highlights and…
Read More...

-By Kenny Folarin The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has reaffirmed its commitment to partner government at all levels to combat adulteration of petroleum products. National President of NOGASA Mr.…
Read More...

The Nigeria National Petroleum Corporation, NNPC, has sharply raised January official selling prices, OSPs, for Bonny Light to dated Brent plus 251 cents from plus 128 cents in January, and Qua Iboe crude oil to plus 266 cents from 150…
Read More...

The crude distillation column Dangote, right, and one of the engineers at the project site The crude distillation column being installed The crude distillation column Dangote Refineries has successfully…
Read More...

In keeping with what has become an annual tradition, we took out our handy crystal ball – manufactured from petroleum-based materials, of course – for a look at expectations for the year to come in 2020. What the crystal ball revealed is a…
Read More...

Dangote Refinery Thursday announced that it has successfully installed the largest single crude distillation column where different products boil off (from the crude mixture) and are recovered at different temperatures. According to…
Read More...

ExxonMobil Nigeria upstream affiliate, Mobil Producing Nigeria (MPN), operator of the Nigerian Petroleum Corporation (NNPC/MPN) joint venture, has contributed in excess of N160 billion to the Niger Delta Development Commission (NDDC),…
Read More...

The Department of Petroleum Resources in Cross River has assured residents in the state and beyond that there was enough product to serve for the Christmas season and beyond. DPR Operations Controller in the state, Mr Sircham…
Read More...