Valuechain - Nigeria's foremost Online Energy News Platform

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil were produced in the country in 2017. NEITI disclosed this in its report, 'Pilot study on commodity trading for 2017'…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has heightened the hunt for investments as it declared plans to surge the country’s gas output for the global gas market to three billion standard cubic feet (scuf) daily. Group…
Read More...

President Muhammadu Buhari on Thursday visited Zaria, Kaduna state. The president commissioned several projects including the Post-Graduate Centre of Excellence built by the Central Bank of Nigeria (CBN) at the Ahmadu Bello University…
Read More...

A romance scam in 2016 between a Japanese woman and a Nigerian who described himself as a US Army Captain stationed in Syria, led the FBI to the record crackdown on 80 Nigerian scammers, published documents…
Read More...

The federal government on Thursday said it has begun the overhauling of its refineries commencing with the Port Harcourt Refinery to achieve its 2023 target of ensuring that local refineries operate optimally. Group Managing Director of…
Read More...

The Chairman and Managing Director of ExxonMobil, Mr. Paul McGrath has attributed the company’s successes in the Nigerian oil and gas sector to the Nigerian National Petroleum Corporation (NNPC). McGrath, who spoke during the 2019…
Read More...

The Federal Government has put in place a committee to facilitate recovery of N614 billion given to 35 states on budget support, reports The Nation. The Minister of Finance, Budget and National planning, Zainab Ahmed briefed State House…
Read More...

President Muhammadu Buhari receiving a gift of horse from Emir of Zazzau, Dr Shehu Idris during the President’s visit to Zaria, Kauna State on Thursday while Gov. Nasiru el-Rufa’i (M) looks on. NAN image. President Muhammadu…
Read More...

…Deducted N141bn as subsidy; fail to remit N78bn in 2017 The Nigeria Extractive Industries Transparency Initiative, NEITI, today, stated that the Nigerian National Petroleum Corporation, NNPC, is claiming that it is owed N797…
Read More...

The Managing Director Transmission Company of Nigeria (TCN), Usman Gur Mohammed has recommended that one of the 11 distribution companies be liquidated. He told the new Minister of Power, Engr. Saleh Mamman and the Minister of State,…
Read More...