Extractive 360
All posts tagged "oil and gas"
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1.1KNEWSNigeria To Shore-up Oil Revenue As Senate Passes Amended PSCs Bill
The Senate on Tuesday passed the Deep Offshore and Inland Basin Production Sharing Contract Act 2004 (amendment) Bill 2019. The bill was...
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1.1KINTERNATIONAL NEWS27 Blocks Offered In Latest Equatorial Guinea Bid Round
Drilling looks set to pick up offshore Equatorial Guinea, with new companies likely to be awarded blocks later this year under the...
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879INTERNATIONAL NEWSAngola To Offer 10 Blocks In Bid Round
Angola new licensing agency will offer 10 oil and gas blocks in the first of several auctions it plans in a 6-year...
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911INTERNATIONAL NEWSEni Gains Two Blocks Offshore Ivory Coast
Eni has secured 90percent operated stakes in two new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast....
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831INTERNATIONAL NEWSSierra Leone Reopens Fourth Licensing Round
The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners Ltd. and Getech Group PLC, announced the reopening of the fourth licensing...
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1.2KNEWSOil Production To Begin In Ogoni By October
Amid resistance, crude oil production will commence in Ogoni area of OML 11, as the Presidency recently directed the Nigerian National Petroleum...
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934NEWSExxonMobil Reports 1Q Earnings Of $2.4bn
Exxon Mobil Corporation reported estimated first-quarter earnings of $2.4 billion, down from $4.7 billion a year earlier. Cash flow from operations and...
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845NEWSChevron 1Q Production Up 7% Worldwide As Earnings Dip
Chevron Corp. reported first-quarter earnings of $2.6 billion, down from $3.6 billion in first-quarter 2018 while its worldwide net oil-equivalent production was...
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924INTERNATIONAL NEWSConocoPhillips’ To Sell Entire UK North Sea Asset
Chrysaor Holdings Ltd. has struck a deal to acquire ConocoPhillips’ UK North Sea oil and gas business for $2.675 billion. The assets...
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1.2KINTERNATIONAL NEWSMajors Scoop Up Acreage In Offshore Argentina Bid Round
Units of ExxonMobil, Equinor, and Wintershall were among the companies that submitted winning bids in Argentina’s Apr. 16 licensing round—the first open...