Extractive 360
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970NEWSBP 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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1.1KNEWSClimate 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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1.2KKnowledge CentreIs Carbon-capture Technology The Answer To Global Warming?
Most climate-change stories are doom and gloom. The world has committed to keeping global temperature rise below the dangerous 2°C threshold, which...
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9362NEWSOil 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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951INTERNATIONAL NEWSOman: Oil Industry Must Continue To Monitor Operations, Eliminate Waste
As international oil prices gradually inch up from their steepest decline in more than a year, a top official of Oman’s Ministry...
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1.1KNEWS
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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743NEWSIEA 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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1.0KNEWSFederation 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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688INTERNATIONAL NEWSIsraeli Gas Company Announces $15bn Export Deal With Egypt
Israeli energy company, Delek Drilling, has announced a $15 billion deal to supply natural gas to Egypt. Delek and its U.S. partner,...
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864NEWSNigeria 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,...
