REVIEW: Acquisitions and partnerships that shaped Nigeria’s oil and gas landscape in 2024
Nigeria's oil and gas industry witnessed a flurry of business deals such as partnerships, acquisitions, and divestments in 2024.
Tag: ExxonMobil
Minister says Shell, ExxonMobil, others not exiting Nigeria amid concerns around divestment deals
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has addressed concerns about the potential exit of international oil companies (IOCs) ...
FG’s incentives in oil and gas sector have attracted $3 billion to the economy — Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the recently unveiled incentives in ...
ExxonMobil’s $1.28 billion asset sale to Seplat to receive ministerial approval in days — Tinubu
The President of Nigeria, Bola Tinubu, has said the $1.28 divestment deal between ExxonMobil and Seplat Energy will receive ministerial ...
ExxonMobil to invest $10 billion in Nigeria’s offshore oil operations — FG
The Federal Government said it welcomes oil major, ExxonMobil’s plan to invest $10 billion in Nigeria’s deep-water (offshore) oil operations. ...
Why Nigerians should consider investing in U.S. stocks
The American stock market is the most significant globally, accounting for two-thirds of the global market by value.
Seplat ExxonMobil $1.28 billion deal gets boost as NNPC moves to withdraw lawsuit
NNPC has filed a motion in the High Court of the Federal Capital Territory, Abuja, seeking to discontinue its ongoing ...
NNPC confirms $1.28 billion asset divestment deal between ExxonMobil and Seplat after two years legal disputes
The Nigerian National Petroleum Company Limited (NNPC Ltd.) announced the signing of a settlement agreement that facilitates the divestment of ...
ExxonMobil to cut back operations in Nigeria as oil firm moves to smaller office in Lagos
ExxonMobil is downsizing its operations in Africa’s largest oil-producing nation as it moves to reduce its office space in Lagos ...
Tinubu seeks resolution of $1.28 billion divestment deal between ExxonMobil and Seplat Energy
President Bola Tinubu has said he is committed to the quick resolution of the divestment issues between ExxonMobil and indigenous ...
