Extractive 360
NEWS
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961Global Oil, Gas Planned Project Spending Tops $1.79 Trillion
The pipeline of planned capital and maintenance project activity within the oil and gas industry being tracked globally by Industrial Info stands...
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958Mines Minister Says No Going Back On Concession Of Ajaokuta Plant
Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said that the Federal Government would not repeat the mistake of the...
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1.1KKachikwu Expresses Hope Of PIGB Becoming Law By June
Dr Ibe Kachikwu, Minister of State Petroleum Resources, Thursday in Abuja expressed the hope that the Petroleum Industry Governance Bill (PIGB) would...
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1.3K2N644bn Spent On JV Financing, As Federation Gets N857bn From 2017 Crude Sale – Report
A report released by the Nigerian National Petroleum Corporation (NNPC) has showed that from January to December, 2017, the Corporation remitted a...
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2.0KIEA Sees U.S. Oil Output Dominating OPEC Share In 5yrs
U.S. shale oil output is set to surge over the next five years, stealing market share from OPEC producers and moving the...
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1.3KShell LNG Outlook Indicates Potential Supply Shortage
The global liquefied natural gas (LNG) market has continued to defy expectations, growing by 29 million tonnes in 2017, according to Shell’s...
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982Malabu: Italian Court Postpone Shell, Eni Trial Over Nigeria Bribery
A trial for oil giants Eni and Shell over bribery and corruption allegations in the purchase of an offshore oilfield in Nigeria...
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950NNPC Says It Has Driven Down Cost Of Producing Crude To $20/b
The Nigerian National Petroleum Corporation (NNPC) Monday, said it has brought down the cost of producing a barrel of crude oil to...
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1.1KNNPC To Resume Oil Exploration In Nasarawa State
The Nigerian National Petroleum Corporation (NNPC) says it is set to immediately resume oil exploration activities in Nasarawa State. Dr Mazadu Bako, the...
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828Global Oil Players Flock To Houston As OPEC, U.S Shale Tensions Ease
The oil industry’s biggest names gather this week at CERAWeek, the largest energy industry get-together in the Americas, at a time when...