ExxonMobil to Invest $1.5 Billion in Nigeria’s Deepwater Oil Sector
“This investment highlights our commitment to Nigeria’s energy sector and reinforces our role in driving growth and innovation in deepwater exploration.”
Tag: ExxonMobil
Nigeria Urges Indigenous Firms to Boost Oil Production
“The transfer of ownership from IOCs to Nigerian firms would lead to increased output. Divestment is a global industry practice.
Exxon Misses on Q1 Profit Despite Growth in Guyana Operations
Exxon Mobil Corporation, the largest U.S. oil company, faced a setback in its first-quarter earnings, missing analysts’ expectations by a notable margin. Despite significant gains in its operations in Guyana, ...
Exxonmobil In Talks To Re-Enter Ghana’s Upstream Petroleum Sector
US oil major, ExxonMobil, has initiated discussions with the Government to reestablish its presence in the nation’s upstream petroleum sector. This is according to the Energy Minister, Matthew Opoku Prempeh, ...
Energy giant ExxonMobil sues EU Against Excess Profit Tax
US oil major ExxonMobil is suing the EU in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority ...
Shell and Exxon Begin Processes to Sell Major Dutch Gas Venture
The ExxonMobil and Shell- the two supermajors in Netherlands, which own 50-50 NAM joint venture has started the process of selling their natural gas production companies. The sale of the ...
Exxon Mobil’s exit from Ghana may not be dramatic- Norwegian Petroleum Expert
Sigurd Solem, a Norwegian Petroleum Expert and a former operations manager of Maersk Directional Drilling Services has indicated that Exxon Mobil’s exit from Ghana’s upstream sector may not be dramatic. ...
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