Valuechain - Nigeria's foremost Online Energy News Platform

The dmg events, the organisers of the Nigerian Oil and Gas Conference and Exhibition (NOG) has announced a new date for the 2020 edition which also marks the 20th year anniversary of the event. Described as the meeting place for the…
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The Federal Government has spent about N10n subsidising petroleum products in the last 15 years, the Major Oil Marketers Association of Nigeria has said. MOMAN and other stakeholders, including the Depot and Petroleum Products Marketers…
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Operators in the downstream sector of the oil and gas sector have asked the Federal Government to unveil a pricing formula that will guide the monthly adjustments in the pump price of premium motor spirit (PMS) otherwise known as petrol in…
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Oil marketers under the umbrella of Oil Marketers Association of Ni­geria (MOMAN), Thursday, turned down Federal Government’s invita­tion to resume petroleum products importation into the country. Besides, the association, through its…
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National Bureau of Statistics (NBS), yesterday, said that the petroleum products importation statistics for full year 2019 reflected that 20.89 billion litres of Premium Motor Spirit (PMS), 5.15 billion litres of Automotive Gas Oil…
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The Federal Government, through the Department of the Petroleum Resources (DPR), yesterday, said it is yet to issue guidelines on the proposed bid rounds in Nigeria’s marginal oil fields, adding that such exercise cannot be done in…
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 …to have equal access to Forex with NNPC at CBN It has been confirmed that the sole-importer status of Nigerian National Petroleum Corporation (NNPC) of petroleum productions into Nigeria has changed again. Private oil marketers have…
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Kazakhstan’s crude oil production has fallen below 1.7 million bpd of crude and condensates, oil analytics firm OilX told Oilprice.com, noting that the giant Tengiz field has seen a jump in Covid-19 cases among workers, at 935. The…
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Yields on Nigerian government debt have fallen since MarchAfrica’s biggest oil producer to hit record deficit this year Nigeria’s economy has been hit by the coronavirus pandemic Nigeria’s early move to tap cheap loans has improved…
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A U.S. court granted Nigeria permission to subpoena London based hedge fund, VR Capital Group Ltd., four subsidiaries and three of its directors for documents. The company is part of a company that received a $9.8 billion arbitration award…
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