Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian Army Corps of Military Police has taken custody of the former General Officer Commanding (GOC) 8 Division Sokoto, Major General Hakeem Otiki at its Abuja offices, Daily Trust has gathered. According to sources, the Special…
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The quest by the Nigerian National Petroleum Corporation (NNPC) to increase the nation’s crude oil reserves and daily oil production to 3million barrels per day has received a major boost with the signing of a $3.15bn Financing and…
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The Nigerian National Petroleum Corporation (NNPC) and the Kingdom of Morocco have pledged to deliver on the gas pipeline bilateral agreement between Nigeria and the North African nation in record time. This was made known by the…
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-By Saidu Abubakar The entire management and staff of the Valuechain Magazine condole with the Nigeria Union of Journalists (NUJ), Channels TV and family members of late Precious Owolabi, an NYSC member serving with the organisation,…
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A ceremony was held Monday in north China's Tianjin Municipality for the export of 60 second-hand commercial vehicles, marking the first batch of used commercial vehicles exported from China. Having completed customs clearance in…
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Shell Nigeria has reported that the three blocks that Nigerian regulators indicated they weren’t going to renew were renewed, afterall. In its 2018 annual report, the AngloDutch major noted: “The 20-year renewals of 16 oil mining…
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The Department of Petroleum Resources (DPR), says it has sealed 13 fuel service stations in Sokoto and Kebbi states for under dispensing and operating without valid license. Mr Muhammad Makera, the Zonal Operations Controller of DPR in…
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The Nigerian National Petroleum Corporation (NNPC) has disclosed that its management of transactions involving Nigeria’s equity share of crude oil produced in the country has been automated to up to 98 per cent. It said with the…
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The Chief Executive Officer, LEKOIL Nigeria Limited, Mr Olalekan Akinyanmi, has indicated that value appreciation for shareholders is central to the company’s 2019 strategy. In a statement over the weekend, he said the company’s…
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Nigeria lost more than $5 billion to Olokola Liquefied Natural Gas (OKLNG) and Brass Liquefied Natural Gas (BLNG) because of bureaucratic bottlenecks, it was gathered at the weekend. Other factors include lack of proper planning and…
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