Extractive 360
NEWS
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869Nigeria State Oil Firm Targets Increase Of Market Share To 30%
The Nigerian National Petroleum Corporation (NNPC) is targeting the increase of its market share from the present 13 to 30 percent. This...
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750Saudi Arabia: Oil Producers Will Cooperate Beyond 2018
Oil prices climbed on Monday, pushed higher by Saudi Arabia’s comment that cooperation between oil producers currently withholding supplies would continue beyond...
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1.1KTotal’s $3.3bn Egina FPSO Arrives Nigeria Jan. 23
The Nigerian oil and gas industry is set for a boost as Total’s $3.3 billion Floating Production, Storage and Offloading (FPSO) vessel...
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1.1KSenate Attributes Oil Sector Transparency Gains To NEITI’s Disclosures
The Chairman, Senate Committee on Federal Character and Inter-Governmental Affairs, Senator Tijjani Yahaya Kaura has attributed the gains so far recorded in...
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935Reps Pass Petroleum Industry Governance Bill
The House of Representatives, Wednesday, after third reading, passed the Petroleum Industry Governance Bill (PIGB), which is a section the Petroleum Industry...
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709Malabu Oil Deal: Nigeria Sues JP Morgan For $875m
The Nigerian government has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring...
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825Oil Price Rally After Niger Delta Avengers Threats
Oil prices inched higher Thursday on a reported decline in U.S. crude inventories, and as the Niger Delta Avengers threatened to attack...
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9143D Seismic Survey Heralds Start of Otakikpo Phase Two
Lekoil and Green Energy International have contracted Sinopec Changjiang Engineering Services to acquire 197 sq km (76 sq mi) of 3D seismic...
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1.4KIndigenous Ship-owners On Verge Of Inclusion To lift Nigerian Crude
Stakeholders have unanimously agreed on the need for a change in the nation’s trade terms from Free On Board (FOB) to Cost...
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795Data Show States Which Paid Highest For Petrol, Kerosene In Dec
The National Bureau of Statistics in its Premium Motor Spirit (Petrol) Price Watch and National Household Kerosene price watch for December 2017,...