Extractive 360
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882NEWSOPEC Forecast Lower 2019 Oil Demand Growth, Warns On Economy
OPEC on Wednesday further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was...
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1.0KNigeria/EITIDelta, A/Ibom, Rivers, Bayelsa, Lagos Got Highest FAAC Allocations In H1
A review of net allocations to states by the Federation Accounts Allocation Committee (FAAC) shows that Delta, A/Ibom, Rivers, Bayelsa and Lagos...
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1.0KINTERNATIONAL NEWSPetronas Acquires 30% In Total Operated Offshore Block
Petronas subsidiary PC Senegal has signed an agreement with Total to acquire a 30percent interest in the Rufisque Offshore Senegal Profond block....
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1.5KNEWSEgina FPSO To Be Connected To 44 Subsea Wells
Total’s $3.3 billion Egina floating production storage and offloading (FPSO), will be connected to 44 subsea wells at the Egina oil field is...
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1.2KNigeria/EITI
Nigeria Records Highest Revenue Since 2014, Shared N3.95trn In H1 2018
Disbursements made by the Federation Accounts Allocation Committee (FAAC) has shown that the federal, states and local government areas shared N3.95 trillion...
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1.1KFEATURESPIB: Poor Investment Leaves Nigeria’s New Oil Frontiers Unexplored
The non-passage of the various segments of the Petroleum Industry Bill (PIB) which is expected to clear uncertainty in the oil industry...
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1.0KNigeria/EITIEITI Board Suspends Liberia Over Missed Reporting Deadline
The EITI Board decided on September 4, 2018, to suspend Liberia for not having published the EITI report for the fiscal period...
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884Nigeria/EITI‘EITI Validation More Of Peer Learning Than Punitive’
The EITI Regional Director, Mr. Pablo Valverde, has stated that the EITI validation is more of peer learning exercise than punitive. The...
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1.2KNigeria/EITIEITI Working To Rid Resource Governance Of Conflicts – Adio
The implementation of Extractive Industries Transparency Initiative (EITI) in Nigeria is a veritable tool for managing conflicts and insecurity in extractive communities,...
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1.1KNigeria/EITIAddress By EITI Chair Fredrik Reinfeldt On Contract Transparency
In 2013, the EITI Standard started to encourage contracts to be disclosed. Contracts, it is worth reminding ourselves, are legal documents that...
