Extractive 360
NEWS
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882How 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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655Oando 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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842
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...
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760Crude Theft: NNPC, Navy Re-commit To Stem Manace
The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of crude oil...
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93645,347 Breaks Recorded On NNPC’s Pipeline Network In 18yrs
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded a total of 45,347 pipeline breaks on its downstream pipeline network...
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750China Willing To Pay More For Crude As Trade War Bites
China’s imposition of tariffs on U.S. crude oil signals its willingness to suffer more pain in the trade war than analysts may...
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701Eni Makes Significant Gas Find Onshore Nigeria
Oil giant Eni, have announced a significant gas and condensate find in the deeper sequences of the Obiafu-Obrikom fields, in OML61, onshore...
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896692m Barrels Of Crude Oil Produced In 2017 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil was produced in the country in 2017....
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607OPEC Congratulates Timipre Sylva, Minister Of State Petroleum
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, has congratulated Mr Timipre Sylva on his appointment...
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782FG Begins Overhaul Of Refineries To Meet 2023 Target
The Federal Government on Thursday said it had begun the overhauling of its refineries commencing with the Port Harcourt Refinery to achieve its...