
LONDON, May 8 (Reuters) - Royal Dutch Shell (RDSa.L: Quote, Profile, Research) said on Thursday part of its oil production in Nigeria remains shut following a spate of sabotage in April to its oil facilities and it still does not know when it can restore the lost production.
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After an eight-day strike, ExxonMobil has returned its oil production output in Nigeria to normal operating levels, while Shell plans to kick off a partial resumption of production after it shut down operations following militant attacks.
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Exxon Mobil Corp.’s $10.89 billion first-quarter profit report Thursday ranks as one of the biggest hauls in U.S. corporate history. But the results disappointed Wall Street and added to concerns about the future of the industry.