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…
Oil & Gas
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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 Produces 30,000 Barrels Of Crude Oil 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…
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…
Gas Price Review To Impact Power Sector Stability
YemisI Izuora The Federal Government is anticipating a turn around in electricity generation after it announced immediate reduction in domestic base price of natural gas to power plant producers from…
Chevron Catalyze Over $100Mn In Niger Delta Economic Development
Yemisi Izuora A new study undertaken by Georgetown University has shown significant investment by oil major Chevron Corp, of over $100 million which has spread development across major sectors in…
Oil Prices React To COVID-19 Spread And China Floods
Yemisi Izuora Oil prices were little changed on Monday as investors balanced concerns about fuel demand from the spread of COVID-19 variants and floods in China against expectations of tight…
Oil Prices Aiming For Stability As Demand Recovers
Yemisi Izuora Oil prices stabilized on Friday and poised to end the week largely steady after rebounding from a sharp drop earlier in the week, underpinned by expectations that supply…
