Oil & Gas

Iraq reiterates its commitment to adhering to full conformity and compensating for overproduced volumes in accordance with decisions taken at OPEC and non-OPEC Ministerial Meetings (ONOMM), most recently the 13th ONOMM on 4/5 January 2021, according to the Organisation of Petroleum Exporting Countries, OPEC. In a statement obtained by The daily, www.thedaily-ng.com, OPEC, stated: “Iraq

Exxon Mobil Corporation has announced an estimated fourth quarter 2020 loss of $20.1 billion, or $4.70 per share assuming dilution. In its report obtained by The Daily, www.thedaily-ng.com, the company, stated: “Fourth quarter capital and exploration expenditures were $4.8 billion, bringing full-year spending to $21.4 billion, $9.8 billion lower than the prior year. ExxonMobil reports

Exxon Mobil Corporation has disclosed that Tan Sri Wan Zulkiflee Wan Ariffin has joined its board of directors. Wan Zulkiflee served from 2015 to 2020 as president and group chief executive officer of Petronas, the national oil and gas company of Malaysia. In his role as president and CEO at Petronas, Wan Zulkiflee led strategic

Nigeria, Morocco to embark on joint Gas Pipeline, construction of fertilizer production plant   –As Buhari, King Mohammed V1 hold bilateral talks By Johnbosco Agbakwuru ABUJA—PRESIDENT Muhammadu Buhari of Nigeria and the Moroccan leader, King Mohammed V1 on Sunday had a telephone conversation to discuss joint efforts towards the realization of strategic development projects that