Extractive 360
Posts By e360
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2.4K2INTERNATIONAL NEWSPetronas Makes deepwater Oil Discovery Off Gabon
Petronas subsidiary PC Gabon Upstream S.A. has discovered oil and gas with the Boudji-1 well in block F14 (Likuale) offshore southern Gabon....
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1.2KNEWSOPEC: Rival Oil Supply Surge Countering Cuts
The Organisation of Petroleum Exporting Countries (OPEC), Wednesday, raised its forecast for non-member oil supply this year to almost double the growth predicted four months ago as...
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821NEWSEni Sells 10% Of Offshore Field For $934M
Eni says it is selling a 10 percent stake in the Shorouk concession in Egypt’s giant Zohr gas field to Mubadala Petroleum...
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959NEWSGlobal Oil, Gas Planned Project Spending Tops $1.79 Trillion
The pipeline of planned capital and maintenance project activity within the oil and gas industry being tracked globally by Industrial Info stands...
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954NEWSMines Minister Says No Going Back On Concession Of Ajaokuta Plant
Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said that the Federal Government would not repeat the mistake of the...
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894INTERNATIONAL NEWSAlirio Parra, Who Helped Found OPEC, Bows Out At 90
Alirio Parra, a Venezuelan oil official who helped found the Organization of the Petroleum Exporting Countries and remained influential at its meetings,...
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1.1KNEWSKachikwu Expresses Hope Of PIGB Becoming Law By June
Dr Ibe Kachikwu, Minister of State Petroleum Resources, Thursday in Abuja expressed the hope that the Petroleum Industry Governance Bill (PIGB) would...
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1.3K2NEWSN644bn Spent On JV Financing, As Federation Gets N857bn From 2017 Crude Sale – Report
A report released by the Nigerian National Petroleum Corporation (NNPC) has showed that from January to December, 2017, the Corporation remitted a...
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2.0KNEWSIEA Sees U.S. Oil Output Dominating OPEC Share In 5yrs
U.S. shale oil output is set to surge over the next five years, stealing market share from OPEC producers and moving the...
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1.2KNEWSShell LNG Outlook Indicates Potential Supply Shortage
The global liquefied natural gas (LNG) market has continued to defy expectations, growing by 29 million tonnes in 2017, according to Shell’s...