Exxon Mobil Corporation has said that it added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183 percent of production. ExxonMobil’s proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. Liquids represented 57 percent of the reserves, up from 53 percent in 2016. ExxonMobil’s reserves life at current production rates…
*The missing vessel. By Energy Worth with Agency Report India has sought the help of the Nigerian and Benin natives to find an oil tanker that has gone missing with 22 Indian crew members off Benin’s coast. External Affairs Minister, Sushma Swaraj, confirmed this on Sunday that the tanker, Marine Express, went missing in the…
By Energy Worth with Agency Report An Italian lawyer working for oil giant, Eni, Piero Amara, was arrested alongside 14 other people by Italian investigators over an intricate plan to spy and muddle a number of investigations undertaken including investigation into OPL 245, infamously known as the Malabu Oil scandal. Last October, Italian prosecutors charged…
Arrests 2 station managers, 6 black marketers As part of efforts to sanitize the fuel supply and distribution system to eliminate the queues, the Nigerian National Petroleum Corporation (NNPC) has stepped up the arrest and prosecution of erring marketers and fuel hawkers across the country. The NNPC Special Task Force on Filling Stations Monitoring has…
