Nigeria has successfully garnered $13 billion in investment commitments within its oil and gas sector, with major international energy giants such as ExxonMobil, Shell, and TotalEnergies pledging their support, revealed Olu Verheijen, Special Adviser on Energy to Nigeria's President Bola Tinubu...
The Nigeria Liquefied Natural Gas (NLNG) Ltd., says its ongoing plans to reach a Final Investment Decision (FID) on its Train-7 project by December will make Nigeria the....
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Oil major, ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and discovering …...
U.S. oil major ExxonMobil has let go of an additional 89 of its Nigerian workers, NAN reports.
According to a top source in the company, 60 regular workers and 29 contract workers were affected in the latest retrenchment, involving mainly workers at the company’s Qua Iboe Terminal.
He added...
Paul McGrath has been appointed as the new Chairman and Managing Director of Mobil Producing Nigeria Unlimited, effective from March 1.
Ogechukwu Udeagha, Manager, Media and Communication, made the announcement on Friday in Lagos. He said Mr. McGrath will succeed Nolan O’Neal, who elected to...
Mr. G. Okorocha, the Chief Engineer of the Aviation Department of ExxonMobil in the early hours of Tuesday was killed in a blast accident.
He in charge of servicing of aeroplanes and helicopters in the company.
An official at Exxonmobil said he had just finished servicing a helicopter of the...
American oil giant, ExxonMobil, has announced the discovery of about 1 billion barrels of crude oil in a Nigerian offshore oilfield.
In an emailed statement on Thursday, the firm described the development as “a significant discovery with a potential recoverable resource of between 500 million...
US based oil firm, ExxonMobil has pulled out of the Nigerian downstream oil sector.
The firm has divested its 60 per cent stake in Mobil Oil Nigeria Plc to Nipco Plc, an indigenous Nigerian downstream oil and gas company.
This leaves French energy major, Total, the only international oil...
Niger Delta Avengers has blown up yet again another of the nation’s crude oil pipeline, operated by ExxonMobil.
Spokesperson of the militant group, self-styled Brigadier General Mudoch Agbinibo, said the Qua Iboe 48-inch crude oil export line was attack on Monday evening.
His words: “At...
Exxon's (XOM) first-quarter profits plunged by 63% to $1.8 billion due to the oil crash. That's the lowest quarterly profit the company has reported since 1999, according to FactSet.
The world's largest publicly-traded oil company blamed "sharply lower commodity prices" and overall "challenging...
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