Extractive 360
NEWS
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1.3KShell Overtakes ExxonMobil On Forbes Global 2000 Powerful Coys List
Shell is presently the world’s biggest oil and gas company after overtaking ExxonMobil to become the prime oil and gas company on...
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1.0KA’Ibom Gets N50bn, Osun N4bn As FG, Others Share N1.9trn In Q1
The Federation Account Allocation Committee (FAAC) disbursed N1.938 trillion in the first quarter (Q1) 2018. The amount shared represents an increase of...
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2.8K$652m Required To Reactivate Equipment At Ajaokuta Steel
A whopping $652 million is estimated as required to reactivate equipment and machines at the Ajaokuta Steel Company Limited, says the Ministry...
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1.1KNEITI Chief To Brief EITI Board In Berlin Meeting
The Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio has been invited to the 40th Extractive Industries Transparency...
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955Electricity: Kachikwu Urges Sustainability Of West African Gas Pipeline Project
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said sustainability of the West African Gas Pipeline Project (WAGP) will increase...
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1.0KPIB: NNPC Calls For Simplified Fiscal Terms
The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to consider simplifying the fiscal provisions in the Petroleum Industry Fiscal Bill...
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971OPEC Ministers Mindful Of Potential Supply-side Deficits
Parties to an OPEC-led effort to collaborate on the methods necessary for a healthy market said they were committed to help offset...
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818Oil Prices Flat As Dust Settles Over Global Trade Disputes
Near-global concerns about U.S. trade policies and growth in crude oil production from leading suppliers helped push crude oil prices lower on...
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690NNPC Denies Non-remittance Of Revenues Due To Federation Account
The Nigerian National Petroleum Corporation (NNPC) says it has been faithfully remitting all revenues accruing to it to the Federation Account. A...
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1.0KShell Begins Production In Deepwater Kaikias Project
Shell Offshore Inc. has started production at the deepwater Kaikias project in the US Gulf of Mexico, about one year ahead of...