Valuechain - Nigeria's foremost Online Energy News Platform

The Nigerian Ports Authority (NPA) said that 21 ships at the Lagos ports were discharging petroleum products and food items. The NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the…
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The Kaduna Refining and Petrochemical Company Limited (KRPC) generated no revenue in 2018, the first audited financial statements of the Nigerian National Petroleum Corporation (NNPC) after 43 years of its operation have shown. Details…
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The Organization of Petroleum Exporting Countries, OPEC and its partners have called for close monitoring of the oil cuts by the Joint Technical Committee, JTC. In a statement at the end of its 20th virtual meeting of the Joint…
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Nigerian government has said that Industrial Developments (P&ID) got the 20-year gas supply purchasing agreement (GSPA) contract illegally by bribing some officials. Nigeria’s lawyer, Mark Howard on Tuesday, told Ross Cranston, a UK…
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Entries have been invited from talented project owners from Africa for the 4th Africa Energy Generation Prize. The competition is open to all young people, residing in Africa and having an idea of ​​a project or an existing project in…
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The G20 countries has announced the commitment of at least $267.1 billion to support different energy types through new or amended policies since the beginning of the pandemic, as of July 15, according to a report by …
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African Energy Chamber has appointed a US-Africa Committee to serve on its advisory board and support the development of stronger energy cooperation and investment between the United States and Africa. Members of the US-Africa Committee…
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The Organisation of Petroleum Exporting Countries (OPEC) and allies made real their promise to taper record supply curbs from August after its meeting, as oil prices eased on Thursday, but Reuters said the drop was cushioned by hopes for a…
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Power distribution companies (Discos) in Nigeria have declared that the Meter Asset Provider (MAP) scheme has met significant challenges, including lack of financing and increased import duty on meters, and as such they would need the…
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OPEC may have to play its market-rebalancing act longer than initially intended as it is afraid that a second coronavirus wave would slow oil demand recovery, Reuters reported on Thursday, quoting internal OPEC research it had seen. …
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