Extractive 360
NEWS
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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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1.3KNLNG 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)...
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727Oil Prices Rise Monday On Supply Deficit Concerns
Crude oil prices moved into positive territory Monday ahead of the start of trading in New York amid growing concerns about a...
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835Oil Will Remain In High Demand For Long, Kachikwu Says
Dr. Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources says despite talks about new forces coming into the market, oil will...
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1.1KNNPC Considering Capital Market To Fund Projects
The Nigerian National Petroleum Corporation (NNPC) says it is considering approaching the Capital market to fund its new projects, Dr Maikanti Baru,...
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980OPEC Oil Output Rise In June As Saudi Pumps More
Oil output from the Organization of the Petroleum Exporting Countries (OPEC) rose in June as Saudi Arabia pumped at a near-record rate,...
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1.4KEITI: Eddie Rich Becomes Interim Head Of Secretariat As Moberg Resigns
The former Deputy Head of the Extractive Industries Transparency Initiative (EITI) International Secretariat, Eddie Rich is now the interim head of the...
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1.6KNNPC, JV Finalize $724m Schlumberger Oil Finance Deal For OML 83, 85
…Nigeria to earn $5.60bn in taxes, royalties One year after signing the tripartite term sheet for the financing and technical services arrangement...
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1.1KFocus More On Visible Impacts In Member Countries, Nigeria Tells EITI
Nigeria has called on the global Extractive Industries Transparency Initiative (EITI) to shift its current priorities to the pursuit of visible impacts...