Valuechain - Nigeria's foremost Online Energy News Platform

Hopes of full implementation of the 2019 budget are now looking doubtful as Federal Government’s revenue sources countined to come under pressure due to falling crude oil prices, increased shale oil production by the United States and the…
Read More...

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, held a meeting recently with the management of Midwestern Oil and Gas Limited, at NNPC headquarters in Abuja as part of the renewed efforts to…
Read More...

Nigeria’s President Muhammadu Buhari swore members of his cabinet into office on Wednesday, assigning a new minister of state for petroleum in Africa’s top producer of crude oil in a cabinet of 43 ministers. Buhari kept the…
Read More...

*Following complaints about the absence of channel management outfit for maintenance dredging of Warri port and the shallow channel of the port caused by the pipelines belonging to Nigerian National Petroleum Corporation, NNPC, the…
Read More...

...Says I’m on leave on health grounds; I’m not corrupt The Head of Service of the Federation, Winifred Oyo-Ita, has confirmed that she was indeed invited by the Economic and Financial Crimes Commission (EFCC), to answer to…
Read More...

A Civil Society Organisation (CSO), Independent Public Service Watch (IPSW), has called for the resignation of the Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita following the allegation of N3 billion fraud leveled…
Read More...

The Federal High Court on Friday ordered the interim forfeiture of a bank account of the immediate-past governor of Zamfara State, Abdulaziz Yari, and those of two other firms linked to him. The two companies are…
Read More...

Former Nigeria national team coach Samson Siasia has been banned from the game for life following a match-fixing probe by world governing body FIFA. FIFA said in a statement on Friday that the adjudicatory chamber of their…
Read More...

The Chinese Government has awarded scholarships to 58 Nigerians among whom were 16 doctorate degree students, 39 masters’ degree and three undergraduates, according to a report by PUNCH. The beneficiaries received their university…
Read More...

The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the company has invested over $16 billion in Nigeria’s oil industry and described Nigeria one of its largest investment destinations. …
Read More...