Valuechain - Nigeria's foremost Online Energy News Platform

Global oil demand will grow by 2.2 million barrels per day, in 2024, the Organization of the Petroleum Exporting Countries forecast in its monthly report Wednesday, unchanged from its previous projection. Growth in 2025 is seen at 1.8…
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Eterna Plc; a leading integrated energy provider in the country, has announced a major milestone in the energy industry as an official domestic sales distributor of Dangote Petroleum Refinery products in Nigeria. This appointment…
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On Monday, the Nigerian Naira traded higher after Africa Export-Import Bank (AfreximBank) syndicated foreign currency (FCY) loans backed by oil entered the economy months after they were initially announced. The naira recovered…
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The Nigerian National Petroleum Company Limited (NNPC) has announced its intention to hand over the operation and maintenance of the Port Harcourt Refinery to private operators. NNPC’s decision to involve private operators in the…
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The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has said that the Nigerian upstream sector is facing severe pressures because of the low crude oil production and lack of…
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President Bola Tinubu remarked on Monday that a select few individuals have embezzled Nigeria’s collective resources under the pretext of subsidies over the past four decades. Tinubu expressed regret that Nigerians are bearing the…
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The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, will be among the guests expected at the eighth edition of the Sub-Saharan Africa International Petroleum Exhibition and…
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Port Harcourt Refinery Company Ltd Nigeria’s energy giant, the Nigerian National Petroleum Company Ltd has open entry that will enable it to select a credible Operations & Maintenance (O&M) company to operate and maintain one of…
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Seven major oil marketers have enrolled with the Dangote Petroleum Refinery to purchase and distribute refined petroleum products from the refinery. The marketers under the aegis of the Major Oil Marketers Association of Nigeria…
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The African Export-Import Bank (Afreximbank) and the United Bank for Africa (UBA) have successfully disbursed $2.25 billion as part of the $3.3 billion oil-for-cash loan facility, facilitated by the Nigerian National Petroleum Company…
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