Valuechain - Nigeria's foremost Online Energy News Platform

The Federal Government said it welcomes oil major, ExxonMobil’s plan to invest $10 billion in Nigeria’s deep-water (offshore) oil operations.This is contained in a statement by the Vice President of Nigeria, Kashim Shettima,…
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The Catholic Archbishop of Ibadan Archdioses, Most Rev. Gabriel ‘Leke Abegunrin has urged President Bola Tinubu to address the ongoing controversy surrounding fuel prices involving Alhaji Aliko Dangote and the Nigerian National…
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The Nigeria Labour Congress (NLC) has issued a directive to all civil servants in Akwa Ibom State to commence an indefinite strike action, effective Thursday, September 26, 2024.Reports say that the decision was reached in response to…
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Tony Attah, former managing director of NLNGTony Attah, the former managing director of Nigeria Liquefied Natural Gas (NLNG), emphasised that the ambitious goal of NLNG Train 7 alone is no longer sufficient for Nigeria’s aspirations in…
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The Federal Government has distanced itself from the ongoing dispute between the Nigerian National Petroleum Company Limited (NNPC) and Dangote Refinery regarding petrol pricing. President Tinubu’s Special Adviser on Information and…
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Aliko Dangote has revealed his plans to emulate fellow billionaire Mukesh Ambani by reinvesting profits from Africa’s largest oil refinery into new sectors. This announcement comes after Dangote successfully completed the ambitious…
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Aliko Dangote, Africa’s richest man, says the mafias in Nigeria’s oil sector are stronger than drug cartels.“I never knew that the mafias in the oil industry are stronger than drug cartels. It’s a big cartel. I will keep saying…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria has called on the Federal Government to increase its stake in the Dangote Petroleum Refinery from the current 7% to at least 45%.This move, according to the…
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According to Channels Television, Oil marketers in Nigeria have assured consumers that petrol prices will drop once they begin direct lifting of products from the Dangote Refinery.This follows the recent price surge to ₦950 per…
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The Organization of Petroleum Exporting Countries (OPEC) has clarified that the ongoing rise in fuel pump prices is largely driven by government taxes, especially in major oil-consuming nations. OPEC Secretary-General Haitham Al Ghais…
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