Extractive 360
FEATURES
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11610 Years After Deepwater Horizon Spill, Is Oil Industry Better Prepared?
On April 20, 2010, while drilling oil giant BP’s Macondo well in the Gulf of Mexico, the crew lost control of the...
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107How Much Extractive Revenue Do Countries Earn Per Citizen?
Countries are considered to be resource-dependent when their extractive sector accounts for more than one-fifth of exports or government revenues. But how...
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126Global E&P Capex May Hit 13-year Low
Global capex for exploration and production companies is expected to drop by up to $100 billion this year, about 17% compared to...
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201Scientists Find Oil On Mars
A pair of American and German astrobiologists has found oil on Mars. And where there’s oil, there’s usually life. Technically speaking, Dirk...
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145How Global Oil Firms Are Cutting Spending After Crude Price Crash
Oil and gas companies aim to cut spending as the impact of the new coronavirus on demand and a push by Saudi...
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226Nigeria And The Imminent Fiscal Implosion
In the face of current realities, the Nigerian government must take quick steps in reforming the oil sector, transit to a sustainable...
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222Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment...
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104No Reform, No Cash: Majors Hold Out For New Nigerian Oil Law
A Nigerian oil reform two decades in the making is urgently needed to get money into its energy sector, industry executives say,...
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Oil Industry Already Suffering From Coronavirus
At a time they are already cutting jobs and weighed down by debt, American oil producers are bracing for the latest shock...