Extractive 360
NEWS
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794Trump/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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1.2KOil 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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842IMF 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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848Oil 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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707Lekoil 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....
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726Shell: Crude Oil Theft Rose 50% In 2017, Makes $4.32bn Production Payment To FG
In its annual sustainability report for 2017, oil giant, Shell, revealed that crude oil theft rose by 50percent in 2017 indicating a...
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1.1KMore Details Emerge On 614km AKK Gas Pipeline Project
Following last week’s successful execution of contract agreements for the 614km Ajaokuta – Kaduna – Kano (AKk) gas project, e360 has learnt...
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1.1KNNPC Financials Were Unaudited For 4yrs, Corporation CFO Reveals
Isiaka AbdulRazaq, Chief Financial Officer/Group Executive Director (CFO/GED), Finance & Accounts of the Nigerian National Petroleum Corporation (NNPC) has said in August...
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1.1KNNPC, Consortium Signs $2.8bn Contracts For AKK Gas Project
The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3...