Extractive 360

Saudi Aramco Loses Exclusive Rights To Saudi Arabia’s Oil

Saudi Arabia has cut the length of time that its state energy company has exclusive rights to the kingdom’s vast oil and...

OPEC/non-OPEC Coalition Sets Extra Meeting Over Production Rift

The monitoring committee set up by OPEC and non-OPEC producers is already set to meet in Algiers on September 23, but they...

Hansa Delivers Carousel For Total’s Egina Field Devt

Hansa Heavy Lift has transported a carousel with eight reels weighing a total of 3,508.7 metric tons (3,867 tons) from Newcastle, northeast...

Easing Trade Tensions, Weak Dollar Supports Spike In Oil Price

Some easing in multilateral trade tensions, pending strikes in the North Sea and a weaker U.S. dollar added up for a spike...

OPEC 15-Member Countries Earn $417bn In 7months – Report

According to a fact sheet report published by the US Energy Information Administration (EIA), the 15-member OPEC countries earned a total of...

Russia Approves Offshore Route For Nord Stream 2

Nord Stream 2 AG has secured permission to install an underwater pipeline for the Nord Stream 2 gas project in Russia’s territorial waters, amid...

Photo News

Shell Says 95% Oil Recovered From Nigeria Spill Incidents

Oil giant, Shell Petroleum Development Company (SPDC) Nigeria says it has recovered more than 95 percent of the oil from two spills...

UK Adds More Blocks To Latest Offshore Licensing Round

  Britain’s Oil and Gas Authority (OGA) has added 13 more full or part-blocks to the acreage available under the 31st Offshore...

Remediation: NASS Should Walk The Talk

The National Assembly recently committed to ensuring the implementation of outstanding remedial issues contained in the reports of the oil and gas...