Valuechain - Nigeria's foremost Online Energy News Platform

-By Danlami Nasir Isah Patricia Simon-Hart is the founder and Managing Director of Aftrac Limited, an oil and gas service company that has been in operation for over 20 years. She is also the current Secretary to the Executive Board of…
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-By Fred Ojiegbe The loss of billions of dollars through gas flaring has continued despite the target by the Federal Government to end the practice this year and at a time the government revenues are stretched by the impact of the…
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-By Fred Ojiegbe The local content aspects of the Nigerian oil and gas industry came under the spotlight recently as the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act clocked 10 years. The NOGICD Act…
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OPEC says the death of Dr. Maikanti Baru, former Group Managing Director of NNPC,  is a huge loss to the oil and gas sector in Nigeria. The Organisation of Petroleum Exporting Countries (OPEC), says the death of Dr Maikanti Baru, former…
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-By Gideon Osaka The crash in global demand for liquefied natural gas appears to pose a threat to Nigeria’s revenue from the export of the commodity. Nigeria, which is among the top 10 largest exporters of the LNG in the world, has a…
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-By Gideon Osaka It has emerged that one of the oil market’s most obvious signs of oversupply, millions of barrels being stored on tankers all over the world, is showing very tentative signs of shrinking. According to S&P Global…
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Fred Ojiegbe (with APO Group) As global markets think of the post-Covid-19 world and how the pandemic will reshape business models worldwide, African countries are coming to terms with a bitter reality: the continent has still not…
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-By Gideon Osaka National oil companies (NOCs) globally are estimated to cut exploration budgets by 25 percent on average in 2020, says Wood Mackenzie, a Scotland, United Kingdom – based energy research and consultancy firm. The…
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-By Fred Ojiegbe As different countries of the world begin to ease lockdown, the global oil market is responding to the development with positive rise in prices of crude oil. In recent times, there was a recent drop in supply glut…
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-By Gideon Osaka The coronavirus pandemic, otherwise known as Covid-19, which has ravaged the world economy has continued to take its toll on oil production in Nigeria, as the country’s rig count dipped by five, having recorded 16 in…
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