Extractive 360
All posts tagged "Featured"
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1.1KNEWS‘NNPC’s Unremited N1.25trn Enough To Fund A Third Of 2018 Recurrent Budget’
The Nigerian National Petroleum Corporation (NNPC) is yet to remit an outstanding N1.25 trillion a review of remediation issues in the Nigeria...
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779NEWSWhile Nigeria Slumbers, Ghana Forms Cmtte Ahead Of Next Offshore License Offer
Boakye Agyarko, the Ghanaian Minister for Energy, has established a 22-member committee to supervise open competitive bidding of Ghana’s oil blocks to...
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1.4KNEWSTransmission Capacity In Doubt As 500MW Expected From Okpai 2
The wheeling capacity of Nigeria ‘s transmission grid is in doubt as the Nigerian National Petroleum Corporation (NNPC) and its Joint Venture...
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1.3KNEWSMalabu Deal: Ex-chief Executives Of Eni, Shell Begin Trial June 20
The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including ENI Chief...
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1.3K1INTERNATIONAL NEWSGerman-Russian Gas Pipeline Takes Shape Despite US Protests
Despite protests by the United States, workers are busily preparing thousands of steel pipes that will become part of a vast undersea...
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997NEWSOil Rises As U.S., China Agree To Drop Tariff Threats
Oil rose on Monday, supported by a rally across stocks and other commodities, after the United States said it had put a...
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929NEWSNigeria Raise Oil Benchmark To $51, Passes N9.12trn 2018 Budget
The National Assembly Wednesday passed a N9,120, 334, 977, 225, 2018 Appropriation Bill, an increase of N508 billion over the N8.612 trillion...
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3.7K14NEWSShell Shuts Down Trans Forcados Pipeline Over Leak
Shell’s Nigerian subsidiary has shut its Trans Forcados crude oil export pipeline in Nigeria due to a leak, the company said in a...
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930NEWSPIB: NNPC Recommends Split of Petroleum Licences
The Nigerian National Petroleum Corporation (NNPC) has recommended the splitting of petroleum licences into two components for prospecting and production phases under...
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797NEWSOPEC Sees Oil Rally Towards $80 As Short-term Spike, Not Supply-driven
OPEC sees oil’s rally towards $80 a barrel as a short-term spike driven by geopolitics rather than any supply shortage, four OPEC...