Tag
EXXONMOBIL
Nigerian crude moderately decreased but maintained its premium status as industry data showed a buildup in both crude and fuel inventost economyries in the world's large.
The federal government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has proposed to expedite the exit of major oil companies like Shell and Exxon Mobil from the Niger Delta region, on the condition that they accept responsibility for oil spills and finance the cleanup efforts.
The Federal Government may approve ExxonMobil’s asset sale to Seplat in less than two weeks if parties agree...
Somalia says Turkey will begin drilling oil from the country’s massive coastline from next year according to the Director General of the Somali Ministry of Petroleum and Mineral Resources, Mohamed Hashi Abdi ‘Arabey’.
Climate activist investors have levied accusations against ExxonMobil, alleging the company's utilization of "bullying" tactics and undermining shareholders' rights by pursuing legal action against them.
ExxonMobil has filed a lawsuit seeking to prevent a shareholder-proposed climate resolution from reaching a vote at its annual investor meeting.
Multinational oil and gas corporation, ExxonMobil says it plans to increase cash flow by $14 billion from 2023 to 2027.
Oil majors – ExxonMobil and Chevron have reportedly taken steps to intensify their oil and gas investments despite calls for a global clean energy transition.
ExxonMobil has said it is still looking for deals even after announcing its biggest transaction this century, the $60 billion acquisition of Pioneer Natural Resources.
Ms. Olu Verheijen, the Special Adviser to President Tinubu on Energy has unveiled groundbreaking initiatives to boost oil and gas investments. She has also secured $13 billion worth of energy investments.
President Bola Tinubu met with a delegation of ExxonMobil, in New York, where he made his position known that "Nigeria has never been more ready for business than it is now".
Data from the Q2 2023 State of African Energy Report by the African Energy Chamber has listed six upcoming major pre-2030 liquids final investment decisions (FIDs).