Extractive 360
NEWS
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945Poll: OPEC Discipline, Healthy Demand May Power Oil Rally Through 2018
Strong compliance with OPEC-led production cuts, robust demand and supply disruptions in the Middle East are likely to lift oil’s average price...
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1.2KNPDC Targets Becoming Nigeria’s Top Exploration Company
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the target of the corporation...
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1.6KFirst Phase Of OPAC Modular Refinery To Process 7,000bpd
The Chairman of OPAC Refinery, Mr. Momoh Jimah Oyarekhua, has said the first phase of the refinery is designed for 7,000 barrels...
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697Total Issues Tenders For South Pars Phase 11
Oil giant Total, has issued tender for subcontracts for the South Pars (SP) Phase 11 gas/condensate development in the Persian Gulf, Offshore...
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751Trump/OPEC Feud: U.S. Oil Floods Europe, Hurting Nigerian, Russian, Other Grades
As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a...
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1.1KOil Dips On Rising U.S. Yields, Trumps Decision On Iran
Oil prices were little changed at around $74 a barrel on Monday on rising U.S. borrowing costs and the prospect of further...
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808IMF Warns Nigeria, Others Of Possible Crash In Crude Prices
The International Monetary Fund (IMF) has warned oil dependent economies like Nigeria and other countries of a possible crash of the prices...
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1.4KNEITI Relocates Secretariat To Asokoro
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it has moved its secretariat to Asokoro district in Abuja. The agency in a...
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805Oil Price Jumps To $72 On Syria Crisis
Oil price hit the highest level in three years on fears of a U.S. strike on Syria. With this, oil price jumped...
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669
Lekoil Taking Action Over Offshore Nigeria Lease
Lekoil is still waiting for confirmation of Nigeria’s government concerning a farm-in to the offshore OPL 310 lease in the Dahomey basin....