Extractive 360
NEWS
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1.0KEdo State, Chinese Consortium Sign MoU On 5,000bpd Modular Refinery
The Governor Godwin Obaseki led Edo State government says it has signed a Memorandum of Understanding (MoU) with a Chinese consortium for...
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999Oil Price Hits 2-year High At $69.26/barrel
Oil Price Hits 2-year High At $69.26/barrel Crude oil price reached a two year high Wednesday with Brent trading at $69.26 per...
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1.1KEurope Now Top Buyer Of Nigeria’s Crude With 39.59% import
With the cut in crude imports into the United States following the country’s discovery of the Shale oil technology, Europe is now...
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1.2K1254 Coys Bid To Purchase Nigerian Crude Grades
A total of 254 indigenous and foreign owned entities, Wednesday, submitted bids for the sale and purchase of the Nigerian government equity...
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1.2KNigeria Loses N900m Daily For Selling Petrol At N145/L, Minister Says
…landing cost of petrol is N171/L, retails for N145/L Nigeria’s Minister of State for Petroleum Resources Dr Ibe Kachikwu, has said that...
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780Kachikwu: Attaining Local Refining Key To Achieve Efficient Products Supply
For the umpteenth time, Dr. Ibe Kachikwu, Minister of State for Petroleum Resources has said attainment of local refining capacity is the...
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1.4K4,501 Trucks Loaded with Petrol Disappeared In December, NNPC Says
Nigeria lost about 148,533000 million litres of petrol to diversion during the December fuel crisis. Group Managing Director of the Nigerian National...
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851Oil Price At Highest Since 2015, As Iran Unrest Spooks Market
Oil price rose further above $68 a barrel on Thursday to the highest since May 2015, supported by unrest in Iran that...
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967Petrol Can No Longer Sell For N145/L Marketers Say
As crude prices gain in the international market, Nigeria’s petroleum products marketers have said it is longer possible for them to continue...
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1.1KReport: Nigeria Earned $24.791bn From Oil Proceeds In 2015
…NNPC deducts N490.535bn “first line charges,” fails to remit $16.477m, N1.597bn A report detailing Nigeria’s oil and gas sector activities for...