Valuechain - Nigeria's foremost Online Energy News Platform

Aiteo Group is negotiating an alternative financing package that would enable it fund about $5 billion investment to be able to increase its oil production to about 250,000 barrels per day (bpd). This will also grow gas output…
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The Association of LPG Marketers (NALPGAM) has said it would distribute gas cylinders worth over N5million to Akwa Ibom people during the association Annual General Meeting (AGM) holding in Uyo. President, Nigerian Association of LPG…
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Africa’s richest man, Aliko Dangote has purchased a ‘Heat Recovery Steam Generator’ worth $13 billion for his new oil company. The huge machine has already arrived at the shores of Nigeria ready to be installed for business to begin. …
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The Nigerian automotive sector was yet to recover from the defusal to assent to the Auto Policy Bill by President Muhammadu Buhari as news filtered in about plans by China to export used vehicles to African countries, including Nigeria.…
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Former United States Ambassador to the United Nations, Andrew Young, has said he is unhappy at the criticism of successive governments in Nigeria by Nigerians, saying no system is perfect in the…
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With the assumption of Mele Kyari as the new Group Managing Director( GMD) of the Nigerian National Petroleum Corporation (NNPC), stakeholders are seriously looking up to seeing a vibrant and more robust operation that will enhance…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil were produced in the country in 2017. NEITI disclosed this in its report, 'Pilot study on commodity trading for 2017'…
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The Nigerian National Petroleum Corporation (NNPC) has heightened the hunt for investments as it declared plans to surge the country’s gas output for the global gas market to three billion standard cubic feet (scuf) daily. Group…
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President Muhammadu Buhari on Thursday visited Zaria, Kaduna state. The president commissioned several projects including the Post-Graduate Centre of Excellence built by the Central Bank of Nigeria (CBN) at the Ahmadu Bello University…
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A romance scam in 2016 between a Japanese woman and a Nigerian who described himself as a US Army Captain stationed in Syria, led the FBI to the record crackdown on 80 Nigerian scammers, published documents…
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