Extractive 360
All posts tagged "Featured"
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930FEATURESNEITI Audit Reveals Prevalence Of Underpayments, Process Abuse In Oil Sector
The 2015 oil and gas industry audit released recently by the Nigeria Extractive Industries Transparency Initiative (NEITI) which covered a total of...
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691NEWSMalabu Oil Deal: Nigeria Sues JP Morgan For $875m
The Nigerian government has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring...
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819INTERNATIONAL NEWSIndia To Auction 55 Blocks After 8yrs Of Licensing Round
India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country’s first licensing round...
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1.3KNEWSIndigenous Ship-owners On Verge Of Inclusion To lift Nigerian Crude
Stakeholders have unanimously agreed on the need for a change in the nation’s trade terms from Free On Board (FOB) to Cost...
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766NEWSData Show States Which Paid Highest For Petrol, Kerosene In Dec
The National Bureau of Statistics in its Premium Motor Spirit (Petrol) Price Watch and National Household Kerosene price watch for December 2017,...
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1.2KEDITORIALTime To Fix The Refineries
With the challenges facing Nigeria as far as petrol importation and distribution is concerned, it has become imperative for government to take...
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1.0KNEWSEdo State, Chinese Consortium Sign MoU On 5,000bpd Modular Refinery
The Governor Godwin Obaseki led Edo State government says it has signed a Memorandum of Understanding (MoU) with a Chinese consortium for...
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995NEWSOil Price Hits 2-year High At $69.26/barrel
Oil Price Hits 2-year High At $69.26/barrel Crude oil price reached a two year high Wednesday with Brent trading at $69.26 per...
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1.1KNEWSEurope Now Top Buyer Of Nigeria’s Crude With 39.59% import
With the cut in crude imports into the United States following the country’s discovery of the Shale oil technology, Europe is now...
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1.2KNEWSNigeria Loses N900m Daily For Selling Petrol At N145/L, Minister Says
…landing cost of petrol is N171/L, retails for N145/L Nigeria’s Minister of State for Petroleum Resources Dr Ibe Kachikwu, has said that...