Extractive 360
All posts tagged "Featured"
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737NEWS2019: IEA Revises Downward Non-OPEC Supply Growth Forecast
In its latest monthly oil market report, the International Energy Agency (EIA) has revised its 2019 non-OPEC supply growth forecast down by...
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833NEWSOPEC+ Production Cuts Not Enough, Says Analyst
OPEC+ will need to stay 700,000 b/d below its agreed targets of 31.8 MMb/d through 2019 in order to bring a recovery...
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843NEWSDownstream Liberalisation Solution To Subsidy Challenge, Says Kachikwu
The Minister of State for Petroleum Resource, Dr Ibe Kachikwu, on Thursday said that the liberalisation of the downstream oil sector was...
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1.1KINTERNATIONAL NEWSEquatorial Guinea Set For Upsurge In Offshore Drilling
Equatorial Guinea Ministry of Mines and Hydrocarbons says 11 new oil and gas wells are set to be drilled next year in...
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963NEWSConocoPhillips Sets $6.1bn Capex Budget For 2019
ConocoPhillips has set a capital expenditure budget for 2019 of $6.1 billion, which is flat to its expected full-year 2018 capex, excluding...
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881INTERNATIONAL NEWSAramco Outlines Long-term Vision For ‘Energy City’
Saudi Aramco has issued details of a new development in its supply chain initiative, the In-Kingdom Total Value Add (IKTVA) program. The...
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1.0KINTERNATIONAL NEWSEni Makes Oil Discovery, Starts-up Offshore Angola Field
Eni has started production from the Vandumbu field and made a new oil discovery in the Afoxé exploration prospect in block 15/06...
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660INTERNATIONAL NEWSPetrobras Foresees Steep Production Growth Over New Start-ups
Petrobras anticipates growing its oil production in Brazil next year by 10percent and 7percent globally, due to start-up of five new production...
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1.2KINTERNATIONAL NEWSU.S. To Become 3rd Largest LNG Exporter By 2019 – EIA
U.S. Energy Information Agency (EIA) said on Monday that liquefied natural gas (LNG) export capacity in the United States was expected to...
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2.5KINTERNATIONAL NEWSSaudi Energy Minister Says He Discussed Oil Market With U.S.
Saudi Arabia’s Energy Minister Khalid al-Falih said in a tweet he had discussed the state of the oil market with U.S. Energy...