Nigeria – Extractive 360

TNOG Acquires 45% Interest In OML 17 In Nigeria

TNOG Oil and Gas Ltd. acquired 45% in Oil Mining Lease (OML) 17 and associated infrastructure in Eastern Niger Delta from Shell (30%), Total SE (10%), and Eni (5%)....

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NEWS

Nigeria, Others Account For Volumes As Discovered Hydrocarbon Stranded Worldwide

Huge volumes of discovered hydrocarbons worldwide are currently ‘stranded,’ according to a study by Westwood Global Energy Group. The consultant has identified...

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EDITORIAL

A Future Without Petrodollars

An economic transition is taking place boldly on a global basis and tragically not many are aware of this process. Modes of...

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OPINION

Investing In Africa: An Outlook On Nigeria And Ethiopia

by Itumeleng Mukhovha One can easily assume that international investors are deterred from investing in Africa given the growing need to weather...

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NEWS

Nigeria Supplies 10% Of India’s Energy Need

India is sourcing almost 10percent of its energy requirement from Nigeria the Indian High Commissioner to Nigeria, His Excellency, Abhay Thakur, says....

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NEWS

Ghana Overtakes Nigeria As W/Africa’s Largest FDI Destination In 2018

Nigeria’s Foreign Direct Investments (FDI) fell by 36percent in 2018 as Ghana led West Africa with the highest attraction of FDI within...

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NEWS

Oil And Gas: Experts Tells Angola To Learn From Nigeria’s Mistakes

Angola’s government is under a proverbial microscope as the country’s leaders make plans to grow its under-developed oil industry. Economists, and industry...

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NEWS

Nigeria Lost $6bn From Corrupt OPL 245 Oil Deal

A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria...

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INDUSTRY REPORTS

NEITI 2016 Solid Minerals Sector Audit – Full Report

(Download): Full report, 2016 solid minerals sector audit released Tuesday in Abuja by the Nigerian Extractive Industries Transparency Initiative (NEITI) NEITI-SMA-Report-2016-Full-131118