Oil major, Exxon Mobil Corporation, has released its third-quarter 2022 results showing earnings of $19.7 billion, or $4.68 per share assuming dilution. Third-quarter results included net favourable identified items of nearly $1 billion associated with the completion of the XTO Energy Canada and Romania Upstream affiliate divestments and one-time benefits …
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Mobil Producing Nigeria Unlimited and Shell Petroleum Development Company of Nigeria Limited recorded the biggest decline in production from joint venture assets in the first quarter of this year. The subsidiary of the United States-based ExxonMobil Corporation saw its JV output drop from 11.646 million barrels in January last year …
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Fresh oil spills suspected to emanate from American giant oil facility- ExxonMobil have hit more than 10 communities situated on the Ibeno shoreline in Akwa Ibom. In an interview with the News Agency of Nigeria, a youth leader in the community, Godwin Robert, secretary of Ulok Ulok People’s Assembly, lamented …
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Militants bombed a state-run oil pipeline in southern Nigeria Monday causing massive spills, in the latest attack on the country’s oil infrastructure, said an industry official. “The pipeline is operated by the Pipelines and Products Marketing Company (PPMC) at Batan near Warri. It was blown up early yesterday (Monday),” a …
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