Extractive 360
NEWS
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1.4KTransmission Capacity In Doubt As 500MW Expected From Okpai 2
The wheeling capacity of Nigeria ‘s transmission grid is in doubt as the Nigerian National Petroleum Corporation (NNPC) and its Joint Venture...
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9801NNPC To Relocate Pipelines Ahead Of Escravos Dredging
The Nigerian National Petroleum Corporation (NNPC) has said it would relocate pipelines along the Escravos Channel to pave the way for the...
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1.3KMalabu Deal: Ex-chief Executives Of Eni, Shell Begin Trial June 20
The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including ENI Chief...
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999Oil Rises As U.S., China Agree To Drop Tariff Threats
Oil rose on Monday, supported by a rally across stocks and other commodities, after the United States said it had put a...
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772Oil Prices Hit $80, Highest Since 2014
Oil prices climbed above $80 a barrel Thursday, as US decision to reinstate sanctions on Iran extended a rally that has pushed...
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932Nigeria Raise Oil Benchmark To $51, Passes N9.12trn 2018 Budget
The National Assembly Wednesday passed a N9,120, 334, 977, 225, 2018 Appropriation Bill, an increase of N508 billion over the N8.612 trillion...
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3.7K14Shell Shuts Down Trans Forcados Pipeline Over Leak
Shell’s Nigerian subsidiary has shut its Trans Forcados crude oil export pipeline in Nigeria due to a leak, the company said in a...
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935PIB: NNPC Recommends Split of Petroleum Licences
The Nigerian National Petroleum Corporation (NNPC) has recommended the splitting of petroleum licences into two components for prospecting and production phases under...
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969ALE Completes Module Lifts For Egina FPSO
ALE claims to have performed the heaviest ever land-based crane lift using a jib while working on Total’s FPSO Egina module integration...
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801OPEC Sees Oil Rally Towards $80 As Short-term Spike, Not Supply-driven
OPEC sees oil’s rally towards $80 a barrel as a short-term spike driven by geopolitics rather than any supply shortage, four OPEC...