Eni Returns To Profitability With Pledge To Reward Shareholders
Yemisi Izuora Italian energy group Eni has promised a higher shareholder returns after swinging to a net profit in the second quarter to beat expectations as firmer oil prices offset…
Energy
Energy
ExxonMobil Earns $4.7 Billion In Q2, 2021
Yemisi Izuora Exxon Mobil Corporation, has announced increased earning of $5.8 billion over the second quarter of 2020, driven by oil and natural gas demand and best-ever quarterly chemical and…
Chevron Reports Highest Earning Of $3.18 Billion At June Ending
Yemisi Izuora Oil major, Chevron Corp on Friday reported its highest profit with $3.18 billion in the quarter ended June 30, compared with a loss of $6.09 billion a year…
Nigeria Produced 30,000 Barrels A Day
…As OPEC July 2020 Output Hit Highest To 26.72 MPD, Yemisi Izuora Crude oil output from Organization of Petroleum Exporting Countries, OPEC, rose in July to its highest since April…
Epileptic Power Supply A Major Blight On Manufacturing Sector
Yemisi Izuora Nigerian Manufacturers are still reeling in pains as their businesses are steadily plagued by epileptic electricity supply from the nations weak grid infrastructure. The situation has inflated their…
TotalEnergies Report $6.8 Billion Cash Flows As Its Q2 And H1 Report Is Unveiled
Yemisi Izuora TotalEnergies, has generated cash flow of $6.8 billion as it unveiled its 2021, Q2 and H1 financial reports. The figure is an increase of more than $1 billion compared…
Shell Reports Strong $5.5 Billion Adjusted Earning Through End Of June
Yemisi Izuora Oil giant Royal Dutch Shell, on Thursday reported stronger-than-expected second-quarter earnings, lending further support to the energy major’s plans to reduce net debt and reward investors. The Anglo-Dutch…
Shell’s $2Bn Buyback Program, TotalEnergies $25Bn Cash Flow Signifies Oil Industry Turnaround
Yemisi Izuora Oil Majors are returning significant investments in the oil and das industry with Europe’s top energy companies signaling confidence in a lasting recovery from the pandemic impact by…
Kyari Assures AKK Gas Pipeline Project ‘ll Be Delivered On Schedule
Yemisi Izuora The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres Ajaokuta-Kaduna-Kano (AKK) gas pipeline project would be delivered…
TCN Restores Ailing Grid Asset
Yemisi Izuora Nigeria’s ailing National Grid has been restored by the Transmission Company of Nigeria, TCN, after it suffered collapse on Wednesday. The company said that the collapse which…
