Extractive 360
Posts By e360
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848NEWSOil Falls Below $65 As U.S. Output Soars
Oil prices fell to their lowest in six weeks on Thursday after data showed U.S. crude output had reached record highs and...
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868NEWSNNPC Says Two Cargoes Programmed Daily For February, As Petrol Scarcity Persist
In a bid to ensure adequate petrol supply across the country and eradicate the lingering queues, the Nigerian National Petroleum Corporation (NNPC)...
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1.5KFEATURESNigerian Crude: From Wellheads To Export Terminals, Is It Adequately Measured?
As conversations around hydrocarbon metering in the Nigerian oil and gas industry intensifies, with many Nigerians positing that the exact amount of...
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842NEWSOil Prices Reverse Gains As US Stockpiles Rise
Oil prices reversed gains on Wednesday, as official government figures showed U.S. crude stockpiles rose last week, contradicting an earlier report showing...
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1.1KNEWSExxonMobil, Chevron Announce $19.7bn, $9.2bn Earnings in 2017
Oil giants, ExxonMobil and Chevron corporations have announced 2017 earnings of $19.7 billion and $9.2 billion respectively. In the announcements made at...
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859INTERNATIONAL NEWSBP Profits Surge To Over $6bn In 2017
BP’s profits more than doubled in 2017 to $6.2 billion powered by higher prices and output of oil and gas, allowing the...
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1.1KNEWS
Petrol Queues Persists Despite End Of Senate’s Ultimatum To NNPC
Despite the expiration of a seven day ultimatum given the Nigerian National Petroleum Corporation (NNPC) to clear fuel queues in the country,...
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826NEWSNigeria To Boost Solid Minerals Export With New Commodities
The Nigerian government is set to develop and introduce new commodities aimed at boosting the nation’s non-oil and gas sector’s export earnings....
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913NEWSTotal To Sell 25% Stake In Offshore Block To Qatar Petroleum
French oil giant, Total, has agreed to sell a 25 percent stake in the Exploration Block 11B/12B, located offshore South Africa, to...
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1.1KINTERNATIONAL NEWSUS Considers Restricting Imports On Venezuela’s Oil
The United States is considering restricting imports of Venezuelan crude oil and exports of U.S. refined products to Venezuela, U.S. Secretary of...