Extractive 360
NEWS
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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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1.2KShell 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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962Malabu: 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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942NNPC 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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1.0KNNPC 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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822Global 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...
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1.2KAt N145/L Of Petrol Nigeria Losses N774m Daily To Differentials
New facts have emerged that for retaining the pump price of petrol at N145 a litre, the Nigerian government, through the state...
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1.3KOPEC February Oil Output Falls, As Nigeria Gains 20,000bpd Output
OPEC oil output fell in February to a 10-month low as the United Arab Emirates joined other Gulf members in over-delivering on...
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1.0K
NNPC Plans Delivery of 3.4bscf Daily Domestic Gas Supply By 2020
The Nigerian National Petroleum Corporation (NNPC) has identified Seven Critical Gas Development Projects (7CGDP) scheduled to deliver about 3.4billion standard cubic feet...