Extractive 360
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1.6KNEWSRemediation: Nigerian Parliament To Set Up Forum On EITI
Nigeria’s implementation of the Extractive Industries Transparency Initiative (EITI) standards has further received a boost following readiness by the country’s parliament to...
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1.1KNEWSIran Says OPEC May Need Extraordinary Meeting Over Output
Iran’s oil minister said OPEC may need to hold an extraordinary meeting should the organisation of oil producers fail to prevent member...
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1.0KNEWSA Storm Looms In Oil Markets, IEA Warns
A storm might be looming later this year when new U.S. sanctions are poised to slash supplies of Iranian oil, the International...
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1.1KNEWSAqualis Contracted For Egina FPSO Installation Offshore Nigeria
Samsung Heavy Industries (SHI) has contracted Aqualis Offshore to provide position keeping services for the installation of the Egina FPSO offshore Nigeria,...
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1.1KNEWSGovt Approves N17bn For Fuel Consumption Tracking Device
The Federal Executive Council (FEC), meeting, presided over Wednesday by Acting President, Yemi Osinbajo, approved N17 billion for the installation of technology...
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609NEWSNigeria Imports 6.14bn Litres Of Fuel In Q2 2018
Nigeria cumulatively imported a total of 6.81 billion litters of the four products in Q1, while imports in Q2 fell by 670.91...
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803INTERNATIONAL NEWSU.S. Can’t Stop Iran’s Oil Exports, Says Foreign Minister
A plan by the United States to reduce Iran’s oil exports to zero will not succeed, Iranian Foreign Minister Mohammad Javad Zarif...
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1.0KNEWSUK Awards New Offshore Exploration Contracts
The UK Oil and Gas Authority (OGA) has awarded new contracts supported by government funding for programs to stimulate exploration activity in...
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818NEWSNNPC Seeks More Alternative Financing Models For JV Obligations
Dr. Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has called for more alternative financing models to fund...
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1.3KINTERNATIONAL NEWSAramco Opens Modern Well Control Training Center
Saudi Aramco’s Drilling and Workover (D&WO) training division has opened a new facility designed to double the number of participants to help...
