Extractive 360
NEWS
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778ConocoPhillips Reports Better Profits, Boosts 2018 Budget
U.S. oil and gas producer ConocoPhillips reported better-than-expected quarterly profit on Thursday and boosted its capital budget and production target for 2018...
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639Violating OPEC Cut Agreement Will Harm Organization’s Dignity, Says Zanganeh
Iranian Minister of Petroleum, Bijan Zanganeh, says violation of output cut plan by some Organisation of Petroleum Exporting Countries (OPEC) members would...
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1.1KGhana Heads For Gas Sufficiency As Eni Delivers First Gas From OCTP
Eni has started producing gas from the Sankofa field in the Offshore Cape Three Points (OCTP) integrated oil and gas project offshore...
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1.3KGas Reserves: Nigeria Can Become World’s 3rd Largest With PIB Passage
Nigeria, presently the world’s ninth largest proven gas reserves country, can easily become third if the ongoing oil sector reform laws, the...
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803Nigerians To Own Shares In National Oil Coy When PIGB Becomes Law
Nigerians will stand the epic opportunity to own shares in the national oil company after the Petroleum Industry Governance Bill (PIGB) is...
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884How Nigeria Can Reverse Prolonged Production Shut-ins With PIBs Passage
Mr. Osten Olorunsola, a former Director of the Department of Petroleum Resources (DPR) Tuesday, disclosed that crude oil fields in the country...
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836China Offshore Coy To Raise Nigerian Stake To Over $17bn
China’s National Offshore Oil Corporation (CNOOC) says it is investing additional $3 billion in its existing stakes in offshore oil and gas...
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1.1KNigeria Most Ambitious EITI Implementing Country, Says Adio
Of the 51 member countries implementing the principles of the global Extractive Industries Transparency Initiative (EITI), Nigeria has been adjudged the most...
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1.2KNLNG Capacity To Exceed 30mtpa As Partners Sign $4.3bn Train7 Contract
The Nigerian National Petroleum Corporation (NNPC), Shell, Total and Eni, Wednesday, signed the Front-End Engineering Design (FEED) contract of Train 7 of...
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2.4KNigeria Begins Critical Gas Projects To Support 15GW Power Generation
Nigeria’s State oil firm, Monday, signed agreements with Joint Venture (JV) partners for the commencement of seven Critical Gas Development Projects (7CGDP)...