Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry from planned and announced (new-build) projects during the outlook period 2019 to 2023, contributing around 13 percent of…
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Nigeria’s crude oil production may witness a steady decline to approximately 7.93 per cent before 2025, a new research, conducted by U.S.-based Orbis Research has said.Being the same year Nigeria has targeted to increase oil reserve to…
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The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of crude oil theft and attacks on oil and gas facilities. Ndu Ughamadu, NNPC’s Group General Manager,…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged Depot and Area Managers of the Nigerian Pipelines and Storage Company (NPSC) to display utmost integrity in the conduct of…
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The Buhari administration may have found a silver bullet to shoot down the $9.6billion world record claim against Nigeria’s assets by Irish company Process and Industrial Development (P&ID). According to reports, the rock-solid…
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OVH Energy Marketing Ltd. has retrenched about 100 of its workforce in order to overcome the problem of salaries payment due to the ongoing challenges in the downstream oil sector. A top official of the company, who pleaded anonymity,…
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Airline operators are considering increasing air fare to accommodate recent JetA1 price hike and scarcity across the country. Aviation fuel commonly called Jet A1, and an industry source said the pump price of the product had gone up…
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•Occupy the expanse of land Angered by the mindless destruction of the ecosystem and huge loss to the oil-economy of the country, Nigerian soldiers have taken over an expanse of land used as illegal refineries at Otumara Community in…
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The Nigerian National Petroleum Corporation (NNPC) has commenced the massive redeployment of managers especially in its upstream industry exploration and production subsidiary, the Nigerian Petroleum Development Company Limited (NPDC). …
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President Muhammadu Buhari has reopened talks with Process and Industrial Development (P&ID), the Irish engineering firm that recently won a $9.6 billion judgement against Nigeria. Vice President Yemi Osinbajo chaired the meeting in…
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