Extractive 360
NEWS
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965Vetoed 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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1.5K10% 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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1.0KNigeria’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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818OPEC/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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1.2KHansa 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...
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828Easing Trade Tensions, Weak Dollar Supports Spike In Oil Price
Some easing in multilateral trade tensions, pending strikes in the North Sea and a weaker U.S. dollar added up for a spike...
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972OPEC 15-Member Countries Earn $417bn In 7months – Report
According to a fact sheet report published by the US Energy Information Administration (EIA), the 15-member OPEC countries earned a total of...
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1.0KShell Says 95% Oil Recovered From Nigeria Spill Incidents
Oil giant, Shell Petroleum Development Company (SPDC) Nigeria says it has recovered more than 95 percent of the oil from two spills...
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905
Crude Prices Barely Recover After Wednesday’s Loss
Crude oil prices were moving in positive territory ahead of the start of U.S. trading after major losses in the previous session,...