Valuechain - Nigeria's foremost Online Energy News Platform

*Oil thieves have continued to have a field day in Nigeria, rocking the nation’s main source of revenue undaunted by the existing penalties The theft of crude oil and petroleum products has increased in recent months in the country,…
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*Nigeria’s high production cost per barrel of crude oil, considered one of the highest in the world, is a concern to the Federal Government. In view of this challenge, the Minister of State for Petroleum Resources, Chief Timpre Sylva, has…
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President Muhammadu Buhari on Wednesday met with the management of Pearson Education Group in London, the United Kingdom. The picture of the meeting was shared by the Special Assistant to the President on New Media, Bashir Ahmad, on his…
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If the Finance Bill submitted by President Muhammadu Buhari is passed by the National Assembly, it would remove the tax exemption on dividends paid from the profits of oil companies. The Minister of Finance, Budget and National…
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The Federal High Court in Abuja has given the Economic and Financial Crimes Commission an ultimatum of four months to extradite Diezani Alison-Madueke, a former Minister of Petroleum Resources, to Nigeria from the United Kingdom. The…
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As part of measures to ensure safety and smooth operation in the petroleum products distribution value chain, the Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders in the Petroleum Industry and…
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The selection of insurer for the Nigerian National Petroleum Corporation’s (NNPC) assets in the 2020/2021 would be transparent, just as is the practice in other areas of the corporation’s operation nationwide, the National Oil Company has…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has challenged the Board of Directors and Management of the NNPC Retail Limited to sustain the company’s culture of delivering…
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The Comptroller-General of Customs, Col. Hameed Ali (rtd), yesterday alleged that Nigeria was subsidising petrol for other countries. He argued that the decision to suspend the supply of petrol to communities at the border was taken to…
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The Supreme Court on Tuesday reaffirmed its earlier judgement in which it among others, ordered the Nigerian National Petroleum Corporation (NNPC) to pay N8.1billion to a firm, BCE Consulting Engineers over a failed consultancy service…
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