Extractive 360
Posts By e360
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1.2K2NEWSOPEC, Russia Rebuff Trump’s Call For Immediate Boost To Oil Output
OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in...
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771NEWSOPEC Unlikely To Agree On Output increase In Algeria
OPEC and its allies are unlikely to agree an official increase in crude output when they meet in Algeria this weekend, although...
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878NEWSMalabu Deal: Nigerian, Italian Sentenced to Four Years In Jail
An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of...
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4.0K10NEWS166 Pipeline Vandalism Incidents Recorded In April, Report Shows
The Monthly Financial and Operations Report for April, 2018, released by the Nigerian National Petroleum Corporation (NNPC) in Abuja on Thursday showed...
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960NEWSPetrol Under-recovery Rises To N66/L As Landing Cost Hits N211
With crude oil prices hovering around $80 a barrel, the landing cost of a litre of PMS otherwise known as petrol has...
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1.1KINTERNATIONAL NEWSBW Produces First Oil From Offshore Gabon Field
BW Energy has produced first oil from the Tortue field in the Dussafu production-sharing contract offshore Gabon through the FPSO BW Adolo....
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1.3KNEWSEgina FPSO Safely Moored Offshore Nigeria
Aqualis Offshore has completed its position keeping role for the Egina FPSO, which is now safely moored offshore Nigeria. Its team of...
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977NEWSNNPC Close To Finalising $2.8bn AKK Gas Pipeline Funding
The Nigerian National Petroleum Corporation (NNPC) said it is close to wrapping up funding arrangements on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project....
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1.1KNEWSFunding Challenge Forces NNPC To Adopt Contractor-Financing Of Projects
The funding challenge facing the country has forced the Nigerian National Petroleum Corporation (NNPC) to resort to contractor-financing of its pipeline and...
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941NEWSBarkindo: OPEC Must Stay Together As US Sanctions Iran
OPEC must stick together for the good of the global economy as founding member Iran faces renewed U.S. sanctions, Secretary General Mohammed...