*NNPC GMD, Dr Maikanti Baru (right), during the inauguration of the board at the NNPC Towers, in Abuja, on Wednesday. The Group Managing Director of the Nigerian National Petroleum Corporation (NNC), Dr. Maikanti Baru, has urged the new Board of one of its downstream subsidiary companies, the Nigerian Pipeline Storage Company (NPSC), to partner with…
By Energy Worth In a bid to strengthen the network and improve power supply to customers across its network, the management of Ikeja Business Unit last week commissioned three (3) transformer substations to relieve overloaded transformers.Olowu II 300KVA transformer, one of the newly commissioned transformers will relieve Medical and Olowu transformers, bringing the heavy load-…
The Board of Directors of Exxon Mobil Corporation has declared a cash dividend of $0.77 per share on the Common Stock, payable on March 9, 2018 to shareholders of record of Common Stock at the close of business on February 12, 2018.This first quarter dividend is at the same level as the dividend paid in the fourth…
The oil and gas giant, Total has announced a major oil discovery in the Ballymore prospect, located deep offshore in the U.S. Gulf of Mexico (Eastern GoM). The well was drilled to a final depth of 8,898 m and encountered 205 m of net oil pay in a high quality Norphlet reservoir. A sidetrack well…
