Extractive 360
Posts By e360
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1.2KNEWSPresident Revokes Shell’s OML 11 Licence, Transfers Operatorship To NNPC
President Muhammadu Buhari has revoked the operating licence granted the oil giant, Shell for Oil Mining Lease (OML) 11, located in Ogoniland,...
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1.5KFEATURESAll You Need To Know About The Natural Resource Charter Framework
The Natural Resource Charter (NRC) is a set of principles intended for use by governments, societies, and the international community to determine...
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874INTERNATIONAL NEWSUK Offshore Production Rises As New Fields Come Onstream
Britain’s offshore oil and gas production rose by more than 4percent in 2018, according to the Oil & Gas Authority (OGA), averaging...
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860NEWSOil Maintain Slight Rise As Macro Concerns Limit Gains
Crude oil prices rose Tuesday amid expectations of more production declines in Venezuela and Saudi Arabia, but broader economic concerns capped gains....
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1.0KNEWSOPEC Has Helped U.S. Barkindo Says, Ahead Of Meeting With Shale Producers
U.S. shale companies have benefited from the supply-cut efforts from OPEC and its allies that boosted prices, OPEC Secretary General Mohammed Barkindo...
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1.5KEDITORIALEITI Validation, PIBs And Nigeria’s Oil Sector Growth
Recently, at the 42nd meeting of the board of the Extractive Industries Transparency Initiative (EITI) in Kyiv, Ukraine, Nigeria, was adjudged to...
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1.5KINTERNATIONAL NEWS
US Likely To Export More Oil Than Saudi By Year End
The US will soon export more oil and liquids than Saudi Arabia, driven by the continued rise in oil production from US...
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1.2KNEWSDSDP: NNPC Shipping Arm Sign Freight Contracts With BP, Others
The Nigerian National Petroleum Corporation’s (NNPC) shipping Subsidiary, NIDAS, says it has signed Contract of Affreightment (COA) with BP and Socar for...
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1.3KNEWS
NNPC 2019 Budget Gets Early Presidential Approval
The 2019 budget of the Nigerian National Petroleum Corporation (NNPC), has gotten an early approval by President Muhammadu Buhari. This was disclosed...
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1.5KNigeria/EITIEITI Validation: Nigeria Targets Beyond Satisfactory Mark
Nigeria, EITI’s trailblazing member country, says it is targeting attaining beyond satisfactory overall on all requirements in implementing the Extractive Industries Transparency...