Valuechain - Nigeria's foremost Online Energy News Platform

The Department of Petroleum Resources (DPR) has unveiled its strategic plan and policy actions for the survival and success of participants in the nation’s oil and industry post Covid-19. The Director of DPR, Engr. Sarki Auwalu, listed…
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Oil prices fell on Tuesday morning in the Asian markets, with fears increasing that the second wave of the spread of the Corona virus would threaten the recovery of oil demand, despite news of reduced production, including Iraq, and…
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The Nigerian National Petroleum Corporation (NNPC) often criticised for being opaque has begun taking steps to shine the light on its activities by publishing its audited accounts and opening its data for quicker audit review. The NNPC…
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The Dangote oil and gas refinery remains on track to be operational in early 2021 despite the disruption caused by the COVID-19 pandemic, group executive director Devakumar Edwin tells the Africa Report. The impact of the delay will…
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*Says world oil demand to decline by nearly 9.1 mb/d this year Analysts at the OPEC Secretariat expect a severe global economic downturn this year, with the economy contracting by 3.4% compared to global Gross Domestic Product, GDP…
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Timi Sylva with the Minister of Energy of Gabon ------------------------------------------------------------- *The event will gather stakeholders and investors to promote the development and expansion of Gabon’s energy sector as a…
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The Energy Year talks to Engr. Sarki Auwalu, director and CEO of Nigeria’s Department of Petroleum Resources (DPR), about how the country is strategically implementing OPEC-mandated production cuts and the unprecedented co-operation among…
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The families of Nigeria's U-23 ace, Taiwo Awoniyi will be full if thanks to Bundesliga referee Marco Fritz who immediately reacted and called the doctors for help after the Mainz05 striker suffered a concussion following head head…
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Nigeria has postponed its long-awaited Petroleum Industry Bill (PIB) due to the COVID-19 pandemic but will pass it before the end of the year, the head of state oil company NNPC said on Wednesday. The government was aiming to pass the…
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...Cost of debt servicing was 99% of total revenue in the first quarter of 2020 Almost all revenue is equal to the amount required to pay off the debt service obligationsFalling oil prices caused the budget deficit by 30%Oil represents…
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