Valuechain - Nigeria's foremost Online Energy News Platform

-By Fred Ojiegbe There is much anxiety and cautious optimism over the passage of the much-awaited petroleum industry governance bill (PIGB) as the month of June comes to an end. This is based on promises made by government officials…
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-By Fred Ojiegbe Global upstream spending is expected to reach $383 billion this year, the lowest level in 15 years and a staggering 29 percent decrease of $156 billion compared to 2019, Rystad Energy analysis shows following…
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Senate President, Ahmad Lawan has urged electricity distribution companies (DisCos) to install functional meters for their customers before planning any tariff increase. Lawan spoke on Tuesday after he and House of Representatives…
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The Nigerian National Petroleum Corporation said Monday that the 40-inch x 614km Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will be completed in 24 months. The project is a section of the Trans-Nigeria Gas Pipeline (TNGP) with…
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…Commends Corporation, Stakeholders for Embarking on Project Despite COVID-19 Pandemic President Muhammadu Buhari has said that delivery of the 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is part of his Administration’s Next…
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Management of seven-time Nigeria league champions, Rangers International FC ably led by Prince Davidson Owumi has acquired two new buses preparatory to the hosting of the FIFA Post-Covid-19 Intercontinental Tournament and other…
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President Muhammadu Buhari and the leadership of the National Assembly have agreed on the need to delay the planned hike in electricity tariffs following a meeting at the presidential villa, Abuja on Tuesday. The hike had been slated to…
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President Muhammadu Buhari on Tuesday affirmed the Nigerian government's commitment to ensure timely delivery of the landmark Abuja-Kaduna-Kano Gas (AKK) pipeline project within budgetary allocation and specifications. Speaking at the…
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Estimates from the Petro-Logistics company to track tankers, concluded that OPEC cut oil production in June, by 1.25 million barrels per day from May levels, as part of the implementation of the agreement to reduce production in the OPEC +…
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If the upside momentum continues then look for buyers to make a run at the resistance cluster at $39.35 to $39.36 The U.S. West Texas Intermediate crude oil prices are trading higher, boosted by a weaker U.S. Dollar and…
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