Extractive 360
NEWS
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861“Vetoed PIGB May Discourage Passage Of Other PIB Components”
As the oil and gas industry in Nigeria continue to process the implications of President Muhammadu Buhari’s refusal to assent to the...
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1.0KOil Trades Above $70 As Storm Threat Mounts In Gulf Of Mexico
Oil traded above $70 a barrel Tuesday as Tropical Storm Gordon approached offshore oil fields along the U.S. Gulf Coast. Futures rose...
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2.5KChinese Firms To Fund 85% Of Nigeria’s $2.8bn AKK Project
Funding of Nigeria’s $2.8 billion Ajaokuta-Kaduna-Kano (AKK) pipeline project has been guaranteed by China National Petroleum Corporation (CNPC), e360 has learnt. Chinese...
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960Nigeria August Output Rise By 30,000bpd As OPEC Hits 2018 High – Survey
OPEC oil output has risen this month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record,...
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927Vetoed PIGB, A Big Govt Failure And Lost Opportunity – Rafsanjani
Shocked by the non-assent of the Petroleum Industry Governance Bill (PIGB) 2018, Auwa Ibrahim Musa (Rafsanjani) Executive Director, CISLAC has said it...
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1.2KOil Rises On Iran Sanctions, Lower U.S. Inventories
Oil prices rose on Thursday, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela and after a...
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1.4K10% Revenue Retention By PRC Reason Buhari Vetoed PIGB, Presidency Claims
The Presidency Wednesday claimed that the provision of the Petroleum Industry Governance Bill (PIGB) 2018 which permits the Petroleum Regulatory Commission (PRC)...
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984Nigeria’s Refining Capacity To Hit 645,000bpd As 200,000bpd Refineries Planned
Nigeria’s state oil firm Tuesday said it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day....
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792OPEC/non-OPEC Coalition Sets Extra Meeting Over Production Rift
The monitoring committee set up by OPEC and non-OPEC producers is already set to meet in Algiers on September 23, but they...
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1.1KHansa Delivers Carousel For Total’s Egina Field Devt
Hansa Heavy Lift has transported a carousel with eight reels weighing a total of 3,508.7 metric tons (3,867 tons) from Newcastle, northeast...