Extractive 360
NEWS
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1.2KPIB: Baru Tasks National Assembly Consultants On Enduring Reforms
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has challenged the consultant to the National Assembly...
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1.3K$811bn To Be Spent On Oil Fields Globally In 8yrs, Research Finds
Findings from a research conducted by data and analytics firm, Globaldata, has revealed that globally about $811 billion will be spent on...
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1.0K1Research Show How Poor Governance Impacts NNPC’s Contributions To Economy
…Refineries with 2,000 staff operating at 17% capacity A research on the assessment of the contributions of the Nigerian National Petroleum...
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905Senate Passes Harmonised PIGB, To Transmit For Presidential Assent
The Senate has passed the Conference Committee Report on the harmonised Petroleum Industry Governance Bill (PIGB). The bill was passed during plenary...
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1.0KBrent Futures Rises Above $70 Per Barrel On Middle East Tension
Oil prices rose on Monday with international Brent crude futures opening above $70 per barrel for the first time since January. Prices...
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968OPEC Supply Cut Compliance Hits Record
Compliance with a global deal to cut oil supply hit a new high in February and an inventory glut is shrinking fast,...
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904FG Threatens To Withhold States’ 13% Derivation Revenue
The Ministry of Mines and Steel Development said that any state government that bans miners from operating in its jurisdiction could lose...
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1.1KPIGB Crucial For Nigeria’s Competitiveness In Current Low Oil Price World – Kachikwu
To survive in the modern low oil price world, the passage and assent to the Petroleum Industry Governance Bill (PIGB) is critical,...
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296.5K90EITI Moves Towards Online Transparency
The Extractive Industries Transparency Initiative (EITI) has commenced moves towards online transparency, setting 2018 as target year for achieving this. The Executive...
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4.4K8Mainstream Energy Lose N6.4bn To Un-utilised Capacity, But Optimistic Of Reversal With Eligible Customer Policy
While Nigerians lament over poor power supply and blame the government as such, new facts have emerged that the major problem with...