Extractive 360
NEWS
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8878yrs After, NNPC Resuscitates Ilorin Depot
The Nigerian National Petroleum Corporation (NNPC) has boosted access of Ilorin, and its environs to petroleum products supply as the corporation’s Group...
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763Nigeria’s Refineries To Become Fully Operational By 2022, Kyari Assures
Nigeria’s refineries, located in Port Harcourt, Warri and Kaduna, will become operational and refine crude oil at optimum capacity by 2022, the...
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1.0KNigeria To Reduce Government Shares In Oil JVs
Nigeria has announced plans to reduce the Federal Government’s equity stakes in Joint Venture (JV) participation to 40 percent. Presently government stake in...
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810Saudi Says Iranian Weapons Used To Attack Oil Facilities
Saudi Arabia said preliminary findings show Iranian weapons were used in the attack on one of its key oil installations, but stopped...
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1.0KOil Prices Drop As Market Assesses Attacks On Saudi Facilities
Oil prices dropped on Tuesday although the market remains on tenterhooks over the threat of a military response to attacks on Saudi...
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671NLNG Train 7 FID Set For Oct., As Stakeholders Sign Intent Letter
The Nigerian National Petroleum Corporation (NNPC) and its partners have taken a critical step towards meeting the October date fixed for taking...
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821OPEC Barkindo Lauds NNPC Reforms Amid Global Oil Market Challenge
The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, has commended the Nigerian National Petroleum Corporation...
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852How NNPC Won Esso, Shell $1.8bn Arbitration Suit
The United States Southern District Court of New York recently delivered a significant judgment in favour of the Nigerian National Petroleum Corporation...
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632Oando Discover 1trn Cupic Feet Of Gas Onshore Nigeria
Oando Plc, through its Upstream subsidiary Oando Energy Resources (OER), has announced that its Joint Venture (JV) operation has made a significant...
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817
US Court Rejects Exxon, Shell Move To Execute $1.8bn Arbitration Against NNPC
ExxonMobil and Shell have failed to obtain order for the execution of $1.8 billion arbitration against the Nigerian National Petroleum Corporation (NNPC) following rejection...