Extractive 360
NEWS
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1.1KNNPC Commits To Intensifying Refineries TAM, Frontier Basin Exploration
Expediting action on the holistic rehabilitation of the refineries, strengthening internal control mechanisms and intensifying exploration efforts in the frontier Basins, top...
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1.1K‘NNPC’s Unremited N1.25trn Enough To Fund A Third Of 2018 Recurrent Budget’
The Nigerian National Petroleum Corporation (NNPC) is yet to remit an outstanding N1.25 trillion a review of remediation issues in the Nigeria...
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806While Nigeria Slumbers, Ghana Forms Cmtte Ahead Of Next Offshore License Offer
Boakye Agyarko, the Ghanaian Minister for Energy, has established a 22-member committee to supervise open competitive bidding of Ghana’s oil blocks to...
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1.5KTransmission 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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1.0K1NNPC 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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1.4KMalabu 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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1.0KOil 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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799Oil 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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961Nigeria 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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3.9K14Shell 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...