Extractive 360
Posts By e360
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2.6KINTERNATIONAL NEWSSchlumberger Opts Out Of Fortuna FLNG Venture
Schlumberger has decided to withdraw from its OneLNG upstream joint venture with Golar due to a lack of progress at Ophir Energy’s...
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707NEWSNNPC Denies Non-remittance Of Revenues Due To Federation Account
The Nigerian National Petroleum Corporation (NNPC) says it has been faithfully remitting all revenues accruing to it to the Federation Account. A...
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1.0KNEWSShell Begins Production In Deepwater Kaikias Project
Shell Offshore Inc. has started production at the deepwater Kaikias project in the US Gulf of Mexico, about one year ahead of...
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2.0K5NEWSOPEC May Oil Output Hits 13month Low On Nigeria Outage
OPEC oil output fell to a 13-month low in May due to Nigerian outages, declining Venezuelan production and strong compliance with a...
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800NEWSOperators Turn To AUVs For Long-term Subsea Inspections
More offshore operators look set to deploy Autonomous Underwater Vehicles (AUVs) for Life Of Field Inspection (LOFI) programs, according to Westwood Energy’s...
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1.1KNEWSOPEC Sec. Gen. Warns Of Underinvestment In Global Oil Industry
The global oil industry should ramp up investment to ensure it can cope with future consumption growth and avoid supply shortages, OPEC...
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796NEWSOil Prices Steady After Shake-Out On Supply Worries
Oil prices steadied on Wednesday after slipping prices on concerns that Saudi Arabia and Russia will pump more crude in response to...
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2.4KNEWSNigerian Crude Export Suffers Setback Over Forcados Loading Delays
Nigerian crude export is taking a hit as loading delays at Nigeria’s Forcados terminal have pushed above two weeks, according to market...
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1.1KINTERNATIONAL NEWSPoland Says Russian Gas Pipeline Is A ‘New Hybrid Weapon’
Poland’s Prime Minister on Monday called a planned Russian gas pipeline, Nord Stream 2, a “new hybrid weapon” and says Moscow wants...
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1.0KNEWSEzekwesili, Other Stakeholders Recommend Ways To Ensure Remediation Of NEITI Reports
Stakeholders at a roundtable on resolving the outstanding remedial issues in the Nigeria Extractive Industries Transparency Initiative (NEITI) oil and gas sector...