Valuechain - Nigeria's foremost Online Energy News Platform

Fuel Pump, Gas Station, Gasoline. Colorful Petrol pump filling nozzles isolated on white background , Gas station in a service in warm sunset. Head fuel vehicle refueling facility in Asia Following the recent hype in discussions about…
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The 2021 oil and gas year in Nigeria suffered a spillover of the 2020 Covid-19 burden, but with innovation, technology, discipline and resilience, a number of industry achievements eventually turned the year into a truly historic one…
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*Succumbs to FX Demand Pressure, Loses 37 Kobo ...Oil Closes Mixed as Investors Gauge Omicron Impact in Short Holiday Trade Oil prices closed mixed on Friday in a short holiday trade after a three-day rally, with investors trying…
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The newly formed OPEC+ alliance between OPEC members and some of the world’s major non-OPEC producers, such as Russia and Mexico, has reflected positively on oil markets and helped stabilize prices. Even in light of the Covid-19…
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The number of long-term contracts for liquefied natural gas (LNG) has increased by 130 percent in 2021, following a drop in 2020 when short-term spot contracts were favoured, latest data by GlobalData has revealed. The London-based…
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The Nigerian National Petroleum Company (NNPC) has disclosed that the pipeline fire at Iyana-Odo/Baruwa axis of Lagos will not disrupt the supply of petroleum products across the country. This was disclosed on Friday by group…
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The people of Otuasega com­munity in the Ogbia Local Government Area of Bayelsa State are protesting alleged ne­glect by the Shell Development Company of Nigeria Limited (SPDC). Already, the aggrieved com­munity protesters have shut…
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"The proposed nationwide mass protests will only put Nigerians in a difficult situation rather than providing solution to the problem" The National Chairman of Jama’atu Izalatil Bidiat Wa-Ikamatis Sunnah (JIBWIS), Sheikh Muhammad…
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Brent crude futures snapped a three-day rally on Friday in light trade, with many investors away for the holidays, but the benchmark was still headed for a weekly gain, with the market focusing on the next step by OPEC+ and the impact…
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Seplat Energy Plc has has terminated the contract of appointment of Austin Avuru as a non-executive director. To this end, it has notified the Nigerian Exchange Limited (NGX) that Avuru’s appointment was terminated on December…
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