Extractive 360
All posts tagged "Nigeria"
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694NEWSDon’t Delay Reforms Over High Oil Prices, IMF Warns Nigeria
The International Monetary Fund (IMF) has warned Nigeria and other oil exporting nations in dire need of structural reforms not to be...
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1.6KEDITORIALEnding Gas Flaring By 2019
The Federal Government recently gave oil companies operating in the country 2019 deadline to end gas flaring or stop producing. The government...
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1.2KKnowledge CentreComplete Harmonised Version Of The Petroleum Industry Governance Bill (PIGB) 2018
AN ACT TO PROVIDE FOR THE GOVERNANCE AND INSTITUTIONAL FRAMEWORK FOR THE PETROLEUM INDUSTRY AND FOR OTHER RELATED MATTERS Harmonised-Clean-Copy-of-Petroleum-Industry-and-Governance-Bill-2018 (2)...
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1.3KNEWS
Nigeria Approves Stiffer Gas Flare Regulation, Raise Penalty To $2/1000scf
Nigeria has announced stiffer regulations aimed at tackling gas flare menace and raised the penalty for gas flaring from N10 to $2...
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948NEWSNigeria Records 20 Unsold Crude Cargoes As Trade Slows
Nigerian crude market is still stuck with an overhang of close to 20 unsold cargoes from the 58-strong October loading programme. International...
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1.3K2FEATURESWhat Oil At $100/b Would Mean For the Global Economy
Rising oil prices are prompting forecasts of a return to $100 a barrel for the first time since 2014, creating both winners...
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1.2KNEWSGlobal Oil Production Hits New Record
The world’s supply of oil hit a record last month, yet another sign of oil’s dominance over the energy landscape. The International...
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967NEWS
OPEC 15-Member Countries Earn $417bn In 7months – Report
According to a fact sheet report published by the US Energy Information Administration (EIA), the 15-member OPEC countries earned a total of...
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1.0KNEWSOPEC Lowers Global Oil Demand Growth To 1.64mbpd
OPEC in its latest monthly report, lowered its global oil-demand growth estimate by 20,000 bpd, to 1.64 million bpd this year. This...
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1.1KNEWSCanadian Firm Secures Financing For Offshore Nigeria Lease
Shoreline Canadian Overseas Petroleum Development Corp. (ShoreCan) has negotiated finance of between $30 million and $50 million for investment in its 80percent...