Extractive 360
All posts tagged "Featured"
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1.1KNEWSMalabu Deal: My Govt Acted In Country’s Best Interest, Says Jonathan
Former President Goodluck Jonathan has said his government acted in Nigeria’s best interest regarding the sale of the controversial OML 245 to...
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1.7KNigeria/EITINigeria’s Debt To Soar As Report Shows States Will Rely On Borrowing To Fund 2019 Budget
A new report has shown that disbursements from the Federation Accounts Allocation Committee (FAAC) would be inadequate to fund states’ 2019 budgets,...
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914NEWSFG Commissions Mining Projects, As Sector Positions To Shield Economy From Oil Market Shocks
The federal government Thursday commissioned research and development projects at the National Metallurgical Development Centre (NMDC) Jos, as part of efforts to...
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954NEWSNigeria Generates Over $180bn Revenue From Deepwater Operations
Nigeria’s deepwater operations have generated revenue exceeding $180billion following industry players’ capital investment in excess of $65billion with the potentials for growth...
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1.0KNEWSOTC: Nigeria Re-commits To Reducung Crude Production Cost
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has reiterated the commitment of the corporation to reduce...
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887NEWSOTC: Future Technology Will Help Offshore Players Compete With Shale, Expert Say
Future advances in technology will help offshore oil and gas development compete with US shale plays, said one of two oil-company keynote...
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1.0K1Nigeria/EITINigeria, Others Hopeful As EITI Chair Award Dangles
Nigeria, and 51 other implementing member countries of the Extractive Industries Transparency Initiative (EITI) are looking to possibly win the prestigious 2019...
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978NEWSNembe Trunck Line Shutdown Again Over Fresh Leaks
The Nembe Creek Trunk Line (NCTL), which was reopened on last Friday, have again been shutdown following fresh leaks. Operators of the...
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1.3KINTERNATIONAL NEWSOTC 2019: Distinguished Achievement Award Winners Revealed
This year’s Offshore Technology Conference (OTC) Distinguished Achievement Award winners are Carlos Mastrangelo and the ExxonMobil-operated Hebron offshore project. Carlos Mastrangelo will...
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881INTERNATIONAL NEWSU.S., EU Concerned By Turkey’s Plans To Drill Oil Off Cyprus
The United States and European Union have expressed deep concern over Turkey’s plans for offshore drilling operations in an area claimed by...