The recent increase in oil production is set to be significantly hit as Exxon Mobil has declared force majeure on oil lifting from different terminals in...
Seplat Energy’s plans to buy out ExxonMobil’s shares in its Nigerian unit Mobil Oil Producing Nigeria Unlimited (MPNU) is seriously in trouble as Nigerian National Petroleum...
Seplat chairman, ABC Orjiako, former Chief Executive Officer, Austin Avuru, and other shareholders of the company saw their networth increase by 9.99% on Tuesday, following series...
Foreign oil companies are exiting the Nigerian oil market, after operating in the market for over 60 years, as the passage of the Petroleum Industry Act...
Exxon Mobil has announced it might reduce its workforce by 15% worldwide, including profound white-collar staff cuts in the U.S. as the coronavirus pandemic weakens oil...
The Federal Government, in its continued clampdown on tax defaulters to shore up its revenue, has demanded a number of foreign oil companies operating in the...
Despite the threat by the striking workers of an oil major in Nigeria, Exxon Mobil, to shut down its facilities by Monday, a relief of sort...
If the ongoing strike action by staff of an oil major in Nigeria, Exxon Mobil Company, is allowed to continue, the country will lose at least...
Nipco Plc is doling out as much as 159 per cent premium to push through its bid to acquire ExxonMobil Oil Corporation’s 60 per cent equity...
Ripples Nigeria has learnt that Nigeria National Petroleum Corporation (NNPC) is in a standoff with energy giants ExxonMobil and Royal Dutch Shell over ownership of physical...
Total, Shell and two other oil majors have resolved to fund 4 major oil marketers, Dr. Ibe Kachikwu disclosed on Thursday. The four oil majors had...
