Valuechain - Nigeria's foremost Online Energy News Platform

In a statement released by the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), warned Nigerians to prepare for economic downturn, due to the low level of crude oil price in the international market because of the…
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The Nigerian National Petroleum Corporation (NNPC) has placed a ban on international travel for its staffers due to Coronavirus outbreak. According to reports reaching newsmen, the corporation said any essential international travel…
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According to Petroleum Products Pricing Regulatory Agency PPPRA, the expected open market price of PMS (Premium Motor Spirit), popularly known as petrol, has dropped massively to N114.53 per litre, N30.47 lower than the approved…
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Global oil demand will all but stall this year as the coronavirus outbreak is expected to hit economies in various regions, Organisation of the Petroleum Exporting Countries (OPEC) says. Demand will only inch up by 60,000 barrels per…
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*Presidency tackles Kwankwaso, says govs can remove monarchs *Politics has destroyed our valuable tradition – Northern elders *Kano govt denies banishment as Sanusi goes to court today *New Kano emir weeps One of the…
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The Nigerian National Petroleum Corporation, NNPC, Thursday, appointed Mr. Kehinde Obateru, as the new spokesperson for the corporation, while it sacked over 400 senior staff nationwide. The appointment of Obateru and the sack would…
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•House checks impact on the economy •We have no solution to crude oil theft, says NNPC Crude oil price moved by around eight per cent yesterday, a day after the biggest rout in nearly 30 years as investors eyed the possibility of…
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The new coronavirus outbreak can now be characterised as a pandemic, the head of the World Health Organization said Wednesday. “COVID-19 can be characterised as a pandemic,” WHO chief Tedros Adhanom Ghebreyesus told reporters in Geneva.…
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Mele Kyari, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) on Wednesday painted a gloomy picture of tougher times ahead for the Nigerian economy on the back of latest developments in the global oil…
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Africa’s richest man, Aliko Dangote, will begin production of oil from two assets he snapped up from Royal Dutch Shell Plc in July, adding a new source of income to a fast-expanding business empire. In an interview with Bloomberg, the…
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