Extractive 360
NEWS
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831Oil Prices Rise Almost 2% On OPEC’s Production Cuts
Crude has kicked off 2019 in rally mode after torrid performance last year, Financial reports Oil rose on Monday, marking an increase...
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1.1K1Moody’s: Global Oil, Gas Prices Will Remain Volatile In 2019
Ratings agency Moody’s said in a report that global oil and gas prices are likely to remain volatile but range bound in...
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944Nigeria Exported 42% Of Produced Gas In 2018, Flared 10%
Nigeria achieved an average national daily gas production of 7.90bscf in 2018, translating to 3 percent above the 2017 average daily gas...
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1.2KNigeria’s Crude Production Averaged 2.09million Barrels Daily In 2018
Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in 2018, translating to a 9percent increment, compared with...
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6.4K19Report: Nigeria Needs $12bn To Replace NNPC’s Dilapidated Oil Pipelines
A study carried out on the operational status of the over 5,000 kilometres of pipeline network belonging to the Nigerian National Petroleum...
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1.4KShell Plans Beyond Oil, To Double Green Energy Investment
Shell has declared an ambition to double the amount it spends on green energy to $4 billion a year, in a sign...
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1.5K4Nigeria Records 125 Oil Pipeline Vandalism Incidents In Sept., Report Shows
Nigeria recorded a total of 125 pipeline vandalism incidents in the month of September, 2018, the latest edition of the Nigerian National...
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1.0KIdabor Wants Bill Criminalising Oil Spills In Nigeria Assented To
Mr. Peter Idabor, Director General, National Oil Spills Detection and Response Agency (NOSDRA) on Tuesday in Abuja, called for assent to the...
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1.2KOil Rises To $51 After Steep Slide
Oil edged up to $51 a barrel on Wednesday after reaching its lowest since June 2017 on perceptions that a price slide...
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Shell: Bonga Field Oil Production Hits 800m Barrels
Oil production from the deep water asset of the Shell Nigeria Exploration and Production Company (SNEPCo), Bonga field, has reached over 800...