Extractive 360
All posts tagged "Featured"
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36INTERNATIONAL NEWSEquinor Reports Q2 Earnings Of $350m
Equinor ASA reported second-quarter (Q2) adjusted earnings of $350 million compared to $3.15 billion in the same period in 2019. Adjusted earnings...
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43INTERNATIONAL NEWSTotal To Sell UK Refinery, Downstream Assets
Total SE has agreed to sell its UK downstream business—including subsidiary Total Lindsey Oil Refinery Ltd.’s 109,000-b/d refinery in North Killinghome, Immingham,...
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53NEWSCovid-19: Schlumberger Slashes 21,000 Jobs
Schlumberger, the world’s largest oilfield services company, is to cut 21,000 jobs out of the 105,000 people it employed at the end...
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72INTERNATIONAL NEWS
Oil Up On Weak Dollar Though U.S.-China Tensions, Virus Weigh
Oil prices edged higher on Monday, helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising...
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87INTERNATIONAL NEWSOil Prices Fall As Virus Infections Rise, Eyes On EU Recovery Plan
Oil prices on Monday fell as coronavirus cases increased in many countries across the globe, however investors remained cautiously optimistic about ongoing...
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143NEWSNNPC Increases Gas Supply To Power Sector By 19%
The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 19.14 per cent in the average daily natural gas supply to power...
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166NEWSFG Explains Deregulation Of Oil Downstream Sector
The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to ensure economic...
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133Nigeria/EITINEITI Calls For Scrapping Of Excess Crude Account
The agency recommended that Section 162 (1) of the 1999 Constitution be amended to mandatorily allow for part of the oil earnings to...
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113NEWSEIA Revises Up Oil Price Forecasts On Declining Inventories
Monthly Brent spot prices will average $41/bbl during the second half of 2020 and rise to an average of $50/bbl in 2021,...
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96NEWS
NNRC Urges FG To Make NNPC More Commercially Focused
The Nigeria Natural Resource Charter (NNRC) has called on the Federal Government to use the opportunity provided by the prevailing socio-economic situation...