Valuechain - Nigeria's foremost Online Energy News Platform

Oil prices rose more than two per cent on Monday, lifted by comments from doctors for U.S President Donald Trump, suggesting he could be discharged from hospital as soon as Monday.This is just a few days after his positive coronavirus…
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Alhaji Ahmed Nuhu Bamalli has been named the 19th Emir of Zazzau. He succeeds Alhaji Shehu Idris, who died on Sunday, September 20 after a 45-year-reign.Bamalli is the first emir from the Mallawa ruling house in 100 years after his…
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"We must follow the process. This development runs contrary to Nigeria's laws regulating the oil and gas industry as it does not protect our national interest"The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and…
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*As OPEC warns of leaner demand ahead Thirty per cent of world’s oil demand has been affected by the lockdown from the COVID-19 pandemic, it was learnt.Secretary-General, Organisation for the Petroleum Exporting Countries, OPEC,…
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By Kurt Davis Jr., banker Can Nigeria’s President employ the strategy of Saudi Arabia's Crown Prince in privatising a state oil corporation?The goal to privatise the Nigerian National Petroleum Company (NNPC) – a state oil…
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Stakeholders in the nation's automobile industry have commended the federal government for its position on Autogas Policy, saying it is a right step in the right direction.The federal government had last month ordered chief executive…
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The 2020 Petroleum Industry Bill (PIB) that is presently before members of the National Assembly will substantially reduce environmental pollution in the oil-producing areas of the Niger Delta when passed into law.Aside a ban on the…
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Africa’s oil and gas industry is facing a financial onslaught as a result of a combination of COVID-19, activist shareholders and the so-called Greening of IOCs such as Shell, Total and BP.While the oil majors all seem to be preparing…
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…Calls for Collaboration among Downstream Players across AfricaThe deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the…
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Nigeria aims to end the country’s so-called oil-for-fuel swaps system in the near future and rely instead on oil products from local refineries, which it hopes to have running again by 2023, the head of Nigeria’s national oil company NNPC…
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