Exxon Mobil Corporation will release fourth quarter and full year 2017 financial results on Friday, February 2, 2018. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com.Jeff Woodbury, vice president of Investor Relations, will review the results during a listen-only conference call at 8:30 a.m. CT. The earnings presentation can…
*NNPC GMD, Dr Maikanti Baru, exchanging pleasantries with the investigating team. The Nigerian National Petroleum Corporation (NNPC) Monday in Abuja revealed that the Nigerian Federation was indebted to the corporation to the tune of N170.6 billion outstanding subsidy payments due from January 2006 to December, 2015.Leading a team of Top Management of the NNPC to the…
By Energy Worth The Oil and Gas Free Zones Authority (OGFZA) has opened discussions with the Nigerian Ports Authority (NPA) to forge closer ties on a range of issues from use of land in the ports where oil and gas free zones are located to strategic cooperation.The strategic engagement move between the two government agencies…
The once-giant crude nation whose output plunged in the past decade is enticing the world’s richest explorers with cut-rate prices for drilling rights to its most coveted offshore fields. The Jan. 31 auction for access to 29 deepwater tracts comes as $70/bbl crude lifts foreign drillers from the worst market slump in decades. ExxonMobil Corp.,…
By Energy Worth with Agency ReportThe Kaduna Refining and Petrochemical Company (KRPC) shut down operations on January 15 due to the non-availability of crude oil.The Executive Director, Services, of KRPC, Abdullahi Idris, disclosed this to the News Agency of Nigeria (NAN) in Kaduna.He said the refinery, whose fuel plant was inaugurated in 1980, was functioning…
*Alhaji Aliko Dangote, President, Dangote Group. Kano State government has handed over 150 hectares of land to Dangote Group for the development of a United States $150m Dangote/Black Rhino solar power plant in Zakirai, Gabasawa local government area.Managing Director, Stakeholder Management Dangote Group, Alhaji Bello Danmusa received the land on behalf of Aliko Dangote.The handing…
