Extractive 360
NEWS
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1.1KSubsea 7 Awarded Contract Offshore Nigeria
Subsea 7 says it has won a “substantial” contract from Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in...
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719Oil Holds Gains As Markets Tighten Amid OPEC Cuts, Iran Sanctions
Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid...
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938NNPC Crude Marketing Chief, Appointed Nigeria’s OPEC Rep
The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of Mr. Mele Kyari, incumbent Group General Manager in charge of its...
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1.2KOil Price Heads For $80 After US Withdrawal From Iran Deal
The price of crude oil has risen to an almost three-year high, following US President Donald Trump’s unilateral decision to withdraw from...
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1.2KFollow Money Trail To Determine Beneficial Owners, NNPC Advocates
…NEITI to release 2016-2017 oil, gas audits, 2012-2016 FASD reports this year The debate around Beneficial Ownership (BO) was at the...
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988CBN: $36bn 5-year Fuel Import Bill Resulted In Naira Depreciation
The Central Bank of Nigeria (CBN) has indicated that Nigeria expended $36.3 billion on the importation of petroleum products over a five...
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943Oil Wobbles Near $70 Ahead Of Trump’s Decision On Iran
Oil retreated from the highest level since 2014 amid speculation that even if U.S. President Donald Trump delivers on threats to exit...
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33.2K190Nigeria Intensifies Efforts To Establish Public Register Of Beneficial Owners
Vice President Yemi Osinbajo Monday said that efforts are being intensified to establish a public register of beneficial owners of companies in...
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1.2K1Remediation: NNPC Yet To Remit $16.8bn To Federation, NEITI Audit Shows
The Nigeria National Petroleum Corporation (NNPC) is yet to remit an outstanding $16.8 billion dividend to the federation account, audit reports by...
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1.5KNNPC Says It Is Committed To Ending Petrol Importation By 2019
The Nigerian National Petroleum Corporation (NNPC) has expressed commitment to actualize the December 2019 target set by the federal government to end...