Extractive 360
NEWS
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1.0KNNPC Close To Finalising $2.8bn AKK Gas Pipeline Funding
The Nigerian National Petroleum Corporation (NNPC) said it is close to wrapping up funding arrangements on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project....
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1.2KFunding Challenge Forces NNPC To Adopt Contractor-Financing Of Projects
The funding challenge facing the country has forced the Nigerian National Petroleum Corporation (NNPC) to resort to contractor-financing of its pipeline and...
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965Barkindo: OPEC Must Stay Together As US Sanctions Iran
OPEC must stick together for the good of the global economy as founding member Iran faces renewed U.S. sanctions, Secretary General Mohammed...
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930Global Warming: Shell To Limit Methane Emissions To 0.2% By 2025
Royal Dutch Shell announced on Monday plans to limit leaks of methane, a potent greenhouse gas, across its oil and gas operations...
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1.2KGlobal Oil Production Hits New Record
The world’s supply of oil hit a record last month, yet another sign of oil’s dominance over the energy landscape. The International...
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1.5KOil Prices Rise As Focus Returns To Supply Concerns
Oil rose on Friday, clawing back some territory after prices fell by the most in a month in the previous session, as...
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834IEA: Oil May Break Above $80 As Iran, Venezuela Losses Deepen
The International Energy Agency (IEA) has said that oil prices could break out above $80 a barrel unless other producers act to...
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837OPEC Forecast Lower 2019 Oil Demand Growth, Warns On Economy
OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was...
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1.5KEgina FPSO To Be Connected To 44 Subsea Wells
Total’s $3.3 billion Egina floating production storage and offloading (FPSO), will be connected to 44 subsea wells at the Egina oil field is...
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1.2KNNPC, CNOOC Seal Deal On Oilfield Services, Others
The Nigerian National Petroleum Corporation (NNPC) and China National Offshore Oil Corporation (CNOOC) have signed agreements to develo Nigeria’s oilfield services as...