Valuechain - Nigeria's foremost Online Energy News Platform

Aradel Holdings Plc has announced a significant milestone in the history of the Company’s operations, with the successful re-entry of Well 2ST in the Omerelu Field, which resulted in the attainment of First Oil on Friday 31st May 2024.…
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Shell Petroleum Development Company of Nigeria Limited (SPDC) has reaffirmed its unwavering commitment to supporting the socio-economic development of Nigeria, especially in its areas of operations in the Niger Delta. SPDC Director…
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By Saidu Abubakar The execution of the Ubeta Field Development Project by TotalEnergies Exploration and Production Nigeria Limited and the Nigerian National Petroleum Company Limited (NNPC) will create thousands of jobs in the…
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The Nigerian independent Aradel Holdings, has reported that sales of Automotive Gas Oil (AGO), Dual Purpose Kerosene (DPK), Marine Diesel Oil (MDO), Heavy Fuel Oil (HFO) and Naphtha, all products of its crude oil refinery, amounted to…
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Modular refinery owners have thrown their weight behind Aliko Dangote over claims of existing oil mafia. The refinery operators said Dangote buttressed their positions on the existence of the oil mafia who do not want Nigeria to end…
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A Nigerian businessman has kicked the bucket after flying into Nigeria for a bussines meeting. Identified as Robert Onyejekwe, the man who was said said to be an oil and gas magnet lived in Sugar Land, Houston, Texas, and was in town…
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Arguments against continuous monetary policy tightening by the Central Bank of Nigeria (CBN), as a sure way of reining in inflation has received international boost, with the World Bank toeing the same line in its latest report. The…
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A recent report has revealed that Nigeria’s daily oil losses surged to 400,000 barrels as efforts to curb crude oil theft remain ineffective. This escalation from 100,000 barrels per day in 2013 underscores the severe and worsening…
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The Senate President, Godswill Akpabio, has assured Nigerians that the country will become self-sufficient in Premium Motor Spirit (Petroleum) production in the next four weeks. He commended President Bola Tinubu for having the…
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Kano, Jigawa and Katsina states may be thrown into darkness as members of the Senior Staff Association of Electricity and Allied Companies (SSAEAC), on Thursday morning picketed the Kano Electricity and Distribution Company (KEDCO)…
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