The Anglo-Dutch group sank into a $24-million net loss in the three months to March – when oil went into freefall on tumbling demand and a price war between producers Saudi Arabia and Russia.
Earnings on a current cost-of-supplies basis – stripping out changes to the value of oil and gas inventories – sank 46 percent to $2.9 billion in the reporting period, Shell said.The energy titan, which axed spending last month in response to the oil crash, said it had slashed its shareholder dividend by 65 percent to 16 cents per share, from 47 cents in the fourth quarter.
“Furthermore, recent global developments and uncertainty in oil supply have caused further volatility in commodity markets.”
On the other side NNPC that doesn't have a single presence up stream but only shares dividend's every first Monday of the month is employing.
It's really hitting this country. Seriously
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jigawa Records First COVID-19 DeathJigawa Records First COVID-19 Death Name of the person lets morn with his family.. Really How many cases do they have?
Source: channelstv - 🏆 7. / 63 Read more »
Yobe records first COVID-19 case as Nigeria’s total hits 1,728 – Daily TrustThe Nigeria Centre for Disease Control (NCDC) has confirmed the first COVID-19 case in Yobe state. The index case in the state was among the 196 new cases of COVID-19 in the country as announced late Wednesday by the Centre. With the new confirmed cases, the total number of infections in Nigeria stands at 1,728 … 💔Ok, Kogi and Cross rivers “Finals “🏆😂 Covid-19 in Nigeria are False Because the Government are Taking Advantage of it to embezzle, Launder Money and Enrich Themselves Says CNN. Addu'a Muke Ya Allah Duk Wani Munafiki Allah Kamana Maganinsa.
Source: Daily Trust - 🏆 13. / 51 Read more »
COVID-19: Jigawa records first death - Premium Times NigeriaResidents said the deceased, upon returning from Lagos State, had been receiving treatment at home for yet to be identified ailments until his sample
Source: PremiumTimesng - 🏆 3. / 78 Read more »
EXCLUSIVE: How First Class Borno Monarch, Shehu Of Bama, Died Of COVID-19 | Sahara ReportersEXCLUSIVE: How First Class Borno Monarch, Shehu Of Bama, Died Of COVID19 | Sahara Reporters El-Kanemi passed away on Monday in Maiduguri and was buried on Tuesday within the premises of his palace in Bama town but state government officials... READ MORE: To hell with you Sahara Reporters, you are nothing but a disgrace to Journalism 😞 😢Dear God.. We will appreciate a cure.. May Allah grant him peace❤️ We heard that Femi Gbajamiala sinks for bill from the lawmakers to pass bill to vaccinate Nigerians through Bill Gates Vaccine. Is that truth?
Source: SaharaReporters - 🏆 9. / 63 Read more »
Jigawa records first COVID-19 deathNa wa o Condolences to the bereaved Egungun isn't careful
Source: MobilePunch - 🏆 8. / 63 Read more »
Comoros confirms first COVID-19 caseLate comers Finally! Finally !!....... Hope they are prepared? 😑😑😑😑
Source: MobilePunch - 🏆 8. / 63 Read more »