Valuechain - Nigeria's foremost Online Energy News Platform

Apart from retaining its position amongst the leading oil and gas producers in Africa in 2022, Nigeria, with over 37 billion barrels of crude oil reserves, has the potential to improve its energy exports to Europe and help address…
Read More...

By YANGE IKYAA Seplat Energy Plc, a leading indigenous energy company and its partners, the Nigerian Petroleum Development Company (NPDC), have awarded certificates to a total of 220 people, comprising 214 teachers and 6 Chief…
Read More...

The International Monetary Fund, IMF has named the fear of political resistance, widespread corruption and pressure from interested groups is hampering the removal of fuel subsidy in Nigeria. The IMF said this in its ‘Nigeria:…
Read More...

As scarcity of the Premium Motor Spirit (PMS) persists in the Federal Capital Territory (FCT), tanker drivers and other haulage vehicles under the aegis of the Nigerian Association of Road Transport Owners (NARTO) may begin full…
Read More...

Parent company of Nigerian Agip Oil Company, NAOC, has lifted force majeure on Brass terminal, Bonny NLNG and Okpai power plant following restoration of the Ogoda/Brass 24″ oil pipeline at Okparatubo, Nembe Local Government Area,…
Read More...

Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next month and despite the U.S. Federal Reserve’s decision to…
Read More...

The federal government has warned depot owners to desist from selling Premium Motor Spirit (PMS) above the ex-depot price approved by the government or face severe sanctions. Minister of state for Petroleum Resources, Chief Timipre…
Read More...

Hope for lower price as PHR depot gets supply Power generation remains low, no payment for unused capacity — NERC As the Federal Government continues efforts to resolve the energy crisis facing the country, independent marketers…
Read More...

In the last one month, Nigerians have been experiencing fuel scarcity because of the importation of the adulterated litres of PMS from Belgium into the country. Though in the last few days, the queues in some of the filling stations in…
Read More...

The Federal Government says it will deal decisively and sanction any Depot Owner caught selling petroleum products beyond the approved Ex-Depot price in the country. Chief Timipre Sylva, Minister of State, Petroleum Resources, made…
Read More...