Valuechain - Nigeria's foremost Online Energy News Platform

Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco have discussed investment options in the mid and downstream sector, Nigeria’s petroleum ministry said on Wednesday in a tweet. Aramco is expanding downstream…
Read More...

The Department of Petroleum Resources (DPR) said it will begin tosanction unlicensed marketers of Liquefied Petroleum Gas (LPG),otherwise called cooking gas, who are specialised in decanting theproduct at home or in shops.Speaking at a…
Read More...

Siemens Nigeria has said it plan to diversify its power services business to the non-oil and gas sectors to cushion the effect of fluctuations in the oil and gas industry as well as foreign exchange in the country. Speaking to THISDAY,…
Read More...

-By Yange Ikyaa Aiteo, Nigeria’s oil and gas sector giant, has confirmed that the fire accident it previously reported on April 21, 2019 within its Right Of Way (ROW) of the Nembe Creek Trunk Line (NCTL) has been completely put out,…
Read More...

The Nigeria Customs Service, Nigerian National Petroleum Corporation and Department for Petroleum Resources have resolved to set up joint committee to address smuggling of petroleum products to neighbouring countries. The chief…
Read More...

Malaysia’s FPSO provider Yinson has won another short-term FPSO contract extension in Nigeria as it discusses a longer-term deal with Addax. Yinson has said that Addax has extended the contract for the FPSO Adoon for one month. The…
Read More...

Victor Okoronkwo, First Vice President of Nigerian Gas Association, in this interview with Daily Independent reveals the prospects and challenges in the gas sector and how the resources can add more value to the country. Excerpts: Where…
Read More...

Consequent upon the deliverables from Oil and Fuel summit held in London recently, the Nigerian government has been enjoined to, as a matter of urgent importance, revisit the modular refinery policy and give it the bite that it deserves. …
Read More...

Petrocam Nigeria Limited, an arm of Petroleum International, a South African based oil trading firm, is putting its intend to build refinery in Nigeria on hold because the environment is not profitable enough to guarantee it requisite…
Read More...

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that Nigeria’s continuous subsidising of petrol consumption means the Nigerian National Petroleum Corporation (NNPC) will remain unprofitable in for a long time. …
Read More...