Valuechain - Nigeria's foremost Online Energy News Platform

Oil prices fell by more than 1% in trading, Monday while attention is drawn to the results of the OPEC + meeting, this week, amid expectations of recommending to reduce production cuts. And Brent crude fell 46 cents, equivalent to 1.06%…
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The Board of Directors of Seplat Petroleum Development Company Plc (“Seplat” or the “Company”) is pleased to announce the appointment of Mr. Emeka Onwuka as Chief Financial Officer (“CFO”) and Executive Director of the Company, joining the…
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As part of the efforts to promote quality science education in Nigeria and other parts of Africa, Chevron co-sponsored the inaugural edition of the Summer Engineering Academy (SEA) virtual conference, organized by the Africa Leadership…
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The Ibadan Electricity Distribution Company (IBEDC) Plc, has called on its customers and the public to be very cautious around electrical installations within its network, as the rainy season begins to gather momentum. Its Chief…
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…Commend Dangote for transforming their lives Previous winners of star prizes in the Bag of Goodies national consumer promo Season 1 done by Dangote Cement Plc in 2019 have expressed huge excitement over the approaching Season 2…
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Shell Companies in Nigeria (SCiN) including Shell Petroleum Development Company Limited (SPDC), Shell Nigeria Exploration and Production Company (SNEPCo) and Shell Nigeria Gas (SNG) have contributed in various ways to the development of…
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After oil was discovered in 1956 at Oloibiri in Bayelsa state, the oil industry has been the prerogative of the International Oil Companies (IOCs) operating in Nigeria. They dictate the pace of the country’s oil industry for decades. …
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…Aspiration of reserves is 40million barrels while gas will be 220 trillion cubic feet by 2030 …Objectives to grow reserves by investors, increase production, technical capability …Key principle is for indigenous participation,…
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The Minister of Power, Sale Mamman, has directed contractors handling power projects across the country to return to sites as COVID-19 lockdown by the federal government is being relaxed gradually. Aaron Artimas, Special Adviser, Media…
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Nigeria could only collect about half of its budgeted revenues in the first five months of this year as low oil prices and output took a toll on government income. Total earnings by the government from January to May were 1.48 trillion…
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