Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy Nwanunobi The Ethiopian Electric Power (EEP) has announced that Ethiopia has secured more than $90.5 million revenue from electricity energy export to Sudan and Djibouti during the recently concluded 2020/21 fiscal year. …
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By Teddy Nwanunobi Nigeria’s oil output was hindered by operational and technical problems in July, S&P Global Platts claimed that sources close to the matter said on Monday. The report further claimed that Bonny Light,…
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By Teddy Nwanunobi Sub-Saharan African’s largest oil and gas producers (Nigeria and Angola) are forecast to see declining crude oil and condensate production from 2021, despite the region’s keenness to rebound and ramp up investment…
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By Teddy Nwanunobi San Leon Energy, the independent oil and gas production, development and exploration company focused on Nigeria, on Tuesday, provided the following update in relation to its investment in Energy Link…
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The Director of Petroleum Resources, Engr. Sarki Auwalu, has stated that oil and gas will still be relevant as energy source for decades despite ongoing global campaign for the embrace of energy transition.  He disclosed this in his…
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Experts have recommended that the federal government puts in place meters at flow stations among other things as solution to combating Nigeria’s revenue loss in the oil and gas sector. This was agreed at a one-day sensitisation…
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By Teddy Nwanunobi A former spokesperson of the Nigeria National Petroleum Corporation (NNPC), Garba Deen Muhammad, has returned to the role to replace Dr. Kennie Obateru as the Group General Manager (GGM), Group Public Affairs…
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President Muhammadu Buhari The removal of Oil Subsidy in Nigeria has always been a tough decision for every administration to take. In 2012, the Goodluck Jonathan Administration removed oil subsidy, this action sparked a nationwide…
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...Nigeria has been urged to establish a progressive strategy that guides the mining of hydrocarbons more responsibly Operators in the upstream sector need to develop Nigeria-specific programmes to address the challenge of emissions…
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...Against $77.72 per barrel at which it closed on July 30 The international oil benchmark, Brent crude, extended its losses on Monday, falling below the $70 per barrel mark to its lowest level since May. The further decline in…
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