Extractive 360
NEWS
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727Supply Bottlenecks May Hamper Oil, Gas Projects In 2020
About 250 new oil and gas projects are likely to be sanctioned for development in 2020, up from 160 in 2016, and...
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901Sarki Auwalu Becomes Substantive DPR Director
President Muhammadu Buhari has approved the appointment of Sarki Auwalu as the substantive director of the Department of Petroleum Resources (DPR). Auwalu...
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746NNPC Supplies 1,174.97mmscf To Domestic Market In August
A total of 1,174.97Million Standard Cubic Feet of (mmscfd) of gas was supplied to the domestic market by the Nigerian National Petroleum...
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834Nigeria Plans Bridging Fuel Supply Deficit With Condensate Refining
As part of plans to guarantee energy security and stop petroleum products importation in the country, the Nigerian National Petroleum Corporation (NNPC)...
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671Oil Prices Climb To Highest In 3 Months On Renewed U.S.-China Trade Deal Hopes
Oil prices extended gains on Friday, scaling three-month highs as the U.S. and China moved closer to a resolution to the 18-month...
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1.1KCrude Theft: Nigeria Mulls Repossessing Oil Pipelines From IOCs
Following the enormous amount of revenue lost by the Nigerian State to the menace of crude theft, the country is now considering...
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966‘Nigeria Facing Insecurity, Strife Due To Corruption’
Nigeria is faced with insecurity and strife due to systematic corruption that has left the citizens impoverished, Executive Secretary of Nigeria Extractive...
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1.1KNigeria Benchmark Oil Price At $57/b As It Passes N10.59trn 2020 Budget
The Nigerian Senate on Thursday passed a N10.59 trillion budget for the year 2020 fiscal year, with oil price benchmark set at $57 per...
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647NNPC Says Pipeline Fire Won’t Impact Product Supply
The Nigerian National Petroleum Corporation (NNPC) has assured assured that the Lagos pipeline outbreak will not impact on product supply in the area,...
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1.1KNNPC’s Subsidiary, IDSL Records N19bn Revenue In 2018
The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its...