Extractive 360
All posts tagged "Featured"
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1.2KINTERNATIONAL NEWSShell Exits Malaysia LNG Venture, To Sell Norwegian Stake For $556m
Shell Gas Holdings (Malaysia) has completed the sale of its 15percent stake in Malaysia LNG Tiga (MLNG Tiga) to the Sarawak State...
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916NEWSNigeria Sees Slump In Oil Prices As Growth Opportunity
Despite slump in oil prices, the Nigerian National Petroleum Corporation (NNPC) has outlined plans to attract private investments, ensure sustainable development and...
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689NEWSOil Price Too High Trump Says, Blames OPEC
US President Donald Trump has declared that oil prices are too high and blaming the Organisation of Petroleum Exporting Countries and non-OPEC...
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1.1KINTERNATIONAL NEWSExxonMobil Stresses Local Content For Offshore Development
Drilling, according to ExxonMobil’s latest progress report, started last month on the first of 17 wells planned for the Liza Phase 1...
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1.1KKnowledge CentreDeepwater ‘Sweet Spots’ Set To Dominate Exploration Drilling
The economic outlook is at last looking brighter for explorers, said Dr Andrew Latham, Wood Mackenzie’s vice president, global exploration, during his...
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1.3KNEWS
Shell Overtakes ExxonMobil On Forbes Global 2000 Powerful Coys List
Shell is presently the world’s biggest oil and gas company after overtaking ExxonMobil to become the prime oil and gas company on...
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1.0KNEWSA’Ibom Gets N50bn, Osun N4bn As FG, Others Share N1.9trn In Q1
The Federation Account Allocation Committee (FAAC) disbursed N1.938 trillion in the first quarter (Q1) 2018. The amount shared represents an increase of...
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2.8KNEWS$652m Required To Reactivate Equipment At Ajaokuta Steel
A whopping $652 million is estimated as required to reactivate equipment and machines at the Ajaokuta Steel Company Limited, says the Ministry...
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924INTERNATIONAL NEWSExxonMobil Completes Purchase Of Carcara Oil Field Interest
ExxonMobil has completed the purchase of half of Equinor’s interest in the BM-S-8 block offshore Brazil, which contains part of the 2-billion-barrel,...
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1.7KINTERNATIONAL NEWSClimate Change: Pope Summons Oil Executives To Vatican
Pope Francis will meet with some of the world’s oil executives this week, likely to give them another moral nudge to clean...