Extractive 360
NEWS
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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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1.0KNNPC 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...
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973BP Starts Up Gas Field Offshore Egypt At 33% Below Initial Cost Estimate
BP has started gas production from the Atoll Phase One project in the North Damietta offshore concession in the East Nile Delta....
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1.1KClimate Change: NNPC, Kogi Sign Deal To Produce 84m Litres of Bio-fuel Annually
The Nigerian National Petroleum Corporation (NNPC) and the Kogi State government Tuesday executed a Memorandum of Understanding for the development of fuel-ethanol...
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9422Oil Price Hits 3week High On Strong Demand, Saudi Comments
Oil rose on Monday, hitting three-week highs, supported by strong U.S. demand and comments from Saudi Arabia that it would continue to...
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1.1K
Oil Falls As Stronger Dollar Eclipses U.S. Inventory Drop
Oil prices fell on Thursday, dragged lower by a firmer dollar that offset support from a surprise decline in U.S. crude inventories....
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746IEA Warns Of New Oil Glut
The global oil market could slip into deeper oversupply on the back of non-OPEC production growth led by the United States, the...
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1.0KFederation Disbursements Increased To N6.41tn In 2017 On Rising Crude Prices
…What each state got Rising oil prices and improved crude production have been cited as the major contributory factors, as the Federation...
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868Nigeria Govt. To Bar Oil Majors From 100% Crude Export
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday said multinational oil firms would, in a matter of time,...