Valuechain - Nigeria's foremost Online Energy News Platform

Oil prices inched up on Friday as the bullish impetus from signs of fuel demand recovery was kept in check by a rising number of new coronavirus cases in the United States and China and tentative expectations of U.S. output ticking up. …
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Liverpool were crowned Premier League champions without kicking a ball on Thursday as Chelsea’s 2-1 win over Manchester City ended the Reds’ 30-year wait to win the English title. Jurgen Klopp’s men sealed a 19th league title for the…
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*West Texas crude is still under $40 a barrel Future oil prices continued to rise on Friday morning in the Asian markets in reaction to the surprising decline in Russian oil exports, dealers in the market, as Russia reduced the exports…
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New York Gov. Andrew Cuomo criticized other state leaders' response to the coronavirus pandemic Thursday, saying some conservative leaders who rushed to reopen their economies told people the outbreak was "all Democratic hyperbole. I say…
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Nigeria’s oil production is facing risk as rising number of coronavirus cases among workers at offshore oil fields and platforms in the country is a growing concern with disruption to output. Maintenance at the offshore Bonga oil field…
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Barring unforeseen circumstances, President Muhammadu Buhari will on June 30 flag off the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline construction. The project is a 614km-long natural gas pipeline currently being developed by…
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Nigeria, others submit production compensation plans to OPECUK S/Court hears N/Delta communities’ case against Shell The rising number of COVID-19 cases among workers at Nigeria’s offshore oilfields and platforms is a growing threat to…
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...Credits organisation’s response in helping prices recover After suffering historic price drops in the first half of 2020, oil markets are now well onto the path of recovery for the second half of the year according to Opec secretary…
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...To tackle weakened oil demand, OPEC and its major allies agreed to a record supply cut Brent crude plunged on Thursday, keeping the bearish momentum. It has expanded losses of more than 5% recorded in the last trading session,…
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*4-billion dose vaccine push *An influential foundation focused on preparation and response to epidemics that is backing nine potential coronavirus vaccines has identified manufacturers with capacity to produce four billion doses a…
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