Extractive 360
NEWS
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897Oil Production To Begin In Ogoni By October
Amid resistance, crude oil production will commence in Ogoni area of OML 11, as the Presidency recently directed the Nigerian National Petroleum...
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708Oil Producers Support OPEC+ cut Extension
OPEC Joint Ministerial Monitoring Committee which met on Sunday in Jeddah, Saudi Arabia, reviewed market forecasts, assessed compliance with quotas and discussed...
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720
OPEC Meets To Discuss ‘Oil Supply Security’
A panel of OPEC and Russian ministers will meet this weekend in Jeddah, Saudi Arabia to assess oil market conditions ahead of...
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706China Tops Energy Market, As Global Investment Steadies At $1.85trn
China remained the largest market for energy investment in 2018 at about $375 billion. However, its lead over the United States narrowed,...
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816Malabu Deal: My Govt Acted In Country’s Best Interest, Says Jonathan
Former President Goodluck Jonathan has said his government acted in Nigeria’s best interest regarding the sale of the controversial OML 245 to...
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750FG Commissions Mining Projects, As Sector Positions To Shield Economy From Oil Market Shocks
The federal government Thursday commissioned research and development projects at the National Metallurgical Development Centre (NMDC) Jos, as part of efforts to...
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725Nigeria Generates Over $180bn Revenue From Deepwater Operations
Nigeria’s deepwater operations have generated revenue exceeding $180billion following industry players’ capital investment in excess of $65billion with the potentials for growth...
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741OTC: Nigeria Re-commits To Reducung Crude Production Cost
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has reiterated the commitment of the corporation to reduce...
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672No Plans To Relocate NGMC, NNPC Assures Host Communities
The Nigerian National Petroleum Corporation (NNPC) has assured host communities to its gas marketing subsidiary, Nigerian Gas Marketing Company Limited (NGMC) that...
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683OTC: Future Technology Will Help Offshore Players Compete With Shale, Expert Say
Future advances in technology will help offshore oil and gas development compete with US shale plays, said one of two oil-company keynote...