Extractive 360
NEWS
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801Nigeria To Revive State-owned Refineries In 2020 As Financing Talks Drag
Dr. Ibe Kachikwu, Nigeria’s Minister of State for Petroleum says the nation’s refineries would no longer be revived in 2019 as earlier...
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1.2K1Environmental Degradation: Osinbajo Assures Of Assent To NOSDRA Bill, Ogoni Cleanup
Vice President Yemi Osinbajo on Wednesday in Abuja, assured that President Muhammadu Buhari will assent to the National Oil Spill Detection and...
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892Petrobras Withdrawing From Three Deepwater Nigeria Projects
Petrobras is withdrawing from three Nigeria deepwater projects following sale of its stake in the assets. Petrobras International Braspetro has agreed to...
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1.0KFederation Gets $142m, JV $307m As Nigeria Records $470m Crude Sale In August
The Nigerian National Petroleum Corporation (NNPC) has said it recorded $470 million crude oil and gas export sale in August 2018, indicating...
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1.4KStudy Shows How Weak Ethical Framework Supports Corruption In Nigeria
Efforts at fighting corruption in Nigeria has had limited success due to the absence of strong ethical frameworks at all levels of...
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1.2K2Nigeria Produced 280.35bcf Of Natural Gas In July, Report Shows
A total of 230.35Billion Cubic Feet (BCF) of natural gas was produced in the country in July 2018, averaging a daily production...
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771Oil Price Drops 1% As U.S. Allows Iran Sanctions Waivers
Oil prices fell about 1 percent on Friday, heading for a weekly loss of over 6 percent, as investors worried about oversupply...
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1.2KNigeria Cedes 20% Of Its Petrol Import To BP
British Petroleum (BP) on Wednesday in Abuja, signed an agreement with Nigeria’s state oil firm for the supply of 20 percent of...
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1.3KNIDAS Returns To Global Oil Shipping Market, To Benefit From DSDP
The Nigerian National Petroleum Corporation (NNPC) has announced the re-entry of its subsidiary, NIDAS Shipping Services, into the international shipment of crude...
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866Production Sharing Contract: NNPC To Pay $8bn In Arbitration Claims
The Nigerian National Petroleum Corporation (NNPC) is to pay about $8 billion in arbitration claims to some of its Production Sharing Contractors...