Extractive 360
NEWS
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732NNPC Targets 10% Global LNG Market Share
The Nigerian National Petroleum Corporation (NNPC) says it is commitment to aggressively grow local consumption of Liquefied Petroleum Gas (LPG), popularly known...
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969NNPC Saves $30m On Insurance Premium In 3 Years, Says Baru
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru on Thursday said that the corporation saved $30 million from insurance...
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886Lower Cost Deepwater Era May Be Over, Report Suggests
Deepwater breakeven costs could rise again due to cyclical cost inflation, according to a report by Wood Mackenzie. The price of developing...
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12.0K31Oil Price Slips On U.S. Inventories, OPEC Comments
Oil slipped to about $60 a barrel on Wednesday, pressured by rising U.S. inventories and doubts over whether an OPEC-led output cut...
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1.2KNigeria Lost $6bn From Corrupt OPL 245 Oil Deal
A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria...
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1.3KPower-supply Contract Secured For Port Harcourt Refinery
The Port Harcourt Refining Co. Ltd., A subsidiary of the Nigerian National Petroleum Corporation (NNPC) has secured support for uninterrupted power supply...
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734NNPC Seeks New Funding Options To Meet 40bn Barrels Reserves
The Nigerian National Petroleum Corporation (NNPC) has proffered new ways to attract more funds for operators to launch themselves into a new...
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885Ogoni Spills Cleanup Commence In 2weeks As NNPC, Shell Commit $180m
The Nigerian Government Wednesday announced that 21 firms are to mobilise to site in the next two weeks following the contribution of...
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927Earth Tremor: Nigeria Govt Commissions Control Centre
Following the recent occurrence of earth tremor and earthquake scare in Abuja, the federal government has commissioned earthquake monitoring command and control...
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1.0KIEA: Global Oil Supply Will Outpace Demand Throughout 2019
Global oil supply will outpace demand throughout 2019, the International Energy Agency (IEA) forecasted in its latest Oil Market Report. Since midyear,...