Valuechain - Nigeria's foremost Online Energy News Platform

...Set for 1m-man march to protest crude oil theft A group known as Partner For Petroleum and Energy Sector Prosperity Initiative (P-PESPI) has called on President Buhari to urgently escalate his intervention to stop criminals to…
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OPEC oil output fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made further cuts ahead of a new production-limiting accord, a Reuters survey found. On average, the 14-member…
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The Department of Petroleum Resources, DPR, has resolved to dislodge illegal gas facilities and prosecute perpetrators. The decision follows a recent gas explosion in an illegal station which led to the death of five people, leaving…
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The numerous cases of cooking gas cylinder explosion, has claimed many lives in Nigeria. With the dry Harmathan wind, the risk of fire accident is high. These days we see that LPG is commonly utilized in nearly every industry,…
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Photos by BASHIR BELLO DOLLARS
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…Gnerates N51m, spends N11.768bn on maintenance ...Corporation declares N13.23bn trading surplus The Nigerian National Petroleum Corporation (NNPC) recorded a whopping N123.251 billion deficit on refineries between January and…
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The Nigerian Railway Corporation (NRC), on Thursday, refuted reports by some national dailies that Abuja-Kaduna train conveying passengers to Abuja from Kaduna was attacked by suspected gunmen. The Managing Director of the NRC, Engineer…
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The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, spent N55.58 billion to subsidise Premium Motor Spirit, PMS, also known as petrol, in December 2019, according to data obtained, yesterday, from the…
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The Federal Government is looking to further develop marginal oil fields across the country through the establishment of modular refineries that can refine crude oil in smaller volumes. The Minister of State for Petroleum Resources,…
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