Exxon Tries to Put the Worst Behind it With $20 Billion Writedown
By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...
(Bloomberg) — Nigeria, Africa’s largest oil producer, plans to increase exports of Akpo crude to six cargoes of 1 million barrels each in September, one more than August, according to a loading plan obtained by Bloomberg News.
The nation will also export four shipments of Escravos, three Erha and two Yoho, separate plans showed. Cargo sizes range from 950,000 barrels to 985,000 barrels.
Shipping schedules of Amenam and Okono grades weren’t available yet. Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.
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