Valuechain - Nigeria's foremost Online Energy News Platform

Prices of cooking gas and kerosene slumped in May despite the rise in the inflation rate of the country. The National Bureau of Statistics (NBS) reported that inflation rate increased by 11.40 percent in May, 2019, being 0.03 percent…
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President Muhammadu Buhari, on Monday, appointed a new Group Managing Director for the Nigerian National Petroleum Corporation (NNPC) in the person of Dr. Mele Kyari. Kyari will be taking over from the outgoing GMD of the NNPC, Dr…
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has revealed that the introduction of the Direct-Sale-Direct-Purchase (DSDP) scheme of petroleum product supply has…
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President Muhammadu Buhari has appointed Mele Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). An NNPC statement by its spokesperson, Ndu Ughamadu, said President Buhari also appointed…
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There are rising concerns that Lagos may experience fuel scarcity following the vandalizing of the major petroleum products pipeline installed by the Nigerian National Petroleum Corporation (NNPC) in Lagos, which was busted for the second…
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The Nigerian National Petroleum Corporation says it will resume crude oil search in the Chad basin immediately it gets clearance from security agencies in the country. The Group Managing Director, Dr. Maikanti Baru, made the disclosure…
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Chairman of Forte Oil Plc., Femi Otedola has announced his exit from the petroleum marketing company to narrow his focus and interest on a power generation business, following the sale of  the entirety of his 75 per cent direct and…
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The Vice President, Prof. Yemi Osinbajo, says the Federal Government is discussing with stakeholders on ways to restructure Nigeria’s power sector with a view to improving supply and attracting more investment to the country. Osinbajo…
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NNPC gas pipeline explodes Tuesday off the Lagos-Ibadan Expressway, causing panic among motorists, residents and traders within the vicinity. Gas pipeline belonging to the Nigerian National Petroleum Corporation exploded on the…
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Nigerian Civil Aviation Authority (NCAA) Tuesday said it will commence the immediate demolition of 8,805 telecommunication masts belonging to Globacom Nigeria Limited, banks and other financial institutions. Its spokesman, Sam…
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