Extractive 360
NEWS
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992Oil Marketers Forfeits Assets, As NNPC Moves To Stop Leakages
The Nigerian National Petroleum Corporation (NNPC) has recovered assets worth over N771million from some marketers who had under-paid for petroleum products supplied...
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1.2KNigeria Accounts For 24% Of Africa’s Total Oil Sector CAPEX Over 2018-2025
A huge surge is expected in the capital expenditure (CAPEX) across Africa’s oil and gas sector, with close to $194billion earmarked to...
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911Eni Reports Record Oil Production For 2018
Eni SPA said it achieved record production of 1.85 million barrels per day during 2018, up by 2.5percent from 2017. The company...
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2.5K14 Years After, NNPC, JV Expects First Gas From ANOH Fields By 2020
After 14 years on the drawing board, the Nigerian National Petroleum Corporation (NNPC) and its Joint Venture (JV) partners have executed the...
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1.1KEIA Revises Down Its 2020 Oil Price Forecasts
In its most recent Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts Brent and West Texas Intermediate crude oil...
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1.4KNigeria Supplies 10% Of India’s Energy Need
India is sourcing almost 10percent of its energy requirement from Nigeria the Indian High Commissioner to Nigeria, His Excellency, Abhay Thakur, says....
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829Barkindo: OPEC Not A Cartel, Doesn’t Fix Oil Prices
Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, says the group is not in the business of...
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757US House Passes Bill To Make OPEC, OPEC+ Illegal
The US House of Representatives’ Judiciary Committee has approved a fresh bill by voice vote to amend the Sherman Anti-trust Act to...
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694Total Plans 9% Global Production Growth Boosted By Egina, Others
Oil giant Total says it expects to grow its global production by more than 9prcent this year, helped by ramp-ups of Egina...
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961Nigeria’s Oil Export To India Threatened As Country Expedite Efforts On Shale
India is looking to expedite discovery efforts to establish the country’s shale oil and gas potential and has asked companies to submit...