BREAKING: Nigeria’s Bonny Light hits $56.95 per barrel By Eyo Nsima The price of Nigeria’s Bonny Light has risen to $56.95 per barrel over the American Petroleum Institute (API) favourable report. Consequently, the prices of many crudes, including Bonny Light rose significantly in the international market. Also, the price of Brent rose to $58.17 […]
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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
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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
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Muhammadu Buhari of Nigeria and the Moroccan leader, King Mohammed V1 on Sunday had a telephone conversation to discuss joint efforts towards realization of strategic development projects that include Nigeria-Morocco Gas Pipeline and a fertilizer production plant. This was contained in a statement issued by the Senior Special Assistant to the President on Media and
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
ExxonMobil records $20.1bn 4th Quarter loss in 2020 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
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Kyari Commends President Buhari’s Non-Interference in NNPC …Tasks Govts, Institutions on Technology, Innovation The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has commended President Muhammadu Buhari for giving the Corporation’s Management free-hand to deliver on its mandate, saying that he remains the only president that has never interfered in
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ExxonMobil: Tan Sri Wan Zulkiflee Wan Ariffin joins Board of Directors 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
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Sylva performs groundbreaking of Atlantic Energy Infrastructure Park The Minister of State for Petroleum Resources, Chief Timipre Sylva has performed the groundbreaking ceremony of an Energy Infrastructure Park being developed by Atlantic International Refinery and Petrochemical Limited in partnership with the Nigerian Content Development and Monitoring Board (NCDMB) at Okpoama, Brass Local Government Area,
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The $12 billion Refinery has reached 80.3 per cent completion, according to the Department of Petroleum Resources, DPR. In its latest report obtained by The Daily, https://thedaily-ng.com, the DPR disclosed that, the plant, located at Lekki Free Trade Zone is blessed with 650,000 barrels per day, BPD capacity, meaning that it would enable Nigeria, which
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