ExxonMobil

A’Ibom govt sues ExxonMobil over attempt to sell assets without consent

A’Ibom govt sues ExxonMobil over attempt to sell assets without consent

By Chioma Onuegbu, Uyo Akwa Ibom State government has dragged ExxonMobil to court over an attempt to sell off some of its assets without informing it as a critical partner about the intention to carry out such a major activity. ExxonMobil had recently informed the general public that it had reached an agreement to sell […]
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Kachikwu to ExxonMobil: Key into gas commercialisation policy

Kachikwu to ExxonMobil: Key into gas commercialisation policy

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has urged ExxonMobil and other  International Oil Companies operating in Nigeria, to key into the gas commercialization policy of government for gas development in the country.

Shell, ExxonMobil seek crude swap deals with Nigeria

Shell, ExxonMobil seek crude swap deals with Nigeria

Two oil giants that had previously exited Nigeria’s downstream sector, Shell and ExxonMobil, could sign crude-for-product deals with Africa’s largest oil producer, a senior NNPC official said.

ExxonMobil shows outright contempt for Nigeria’s Supreme court

ExxonMobil shows outright contempt for Nigeria’s Supreme court

IF you were to visit the Lagos headquarters of ExxonMobil (Nigeria) in Victoria Island, Lagos today, you would immediately notice that something strange is going on. You will find a number of people camped outside the building; sometimes chanting, sometimes dancing, sometimes shouting slogans. They are there 24/7; day and night. Surely, this is anomalous to the activities of an international oil company.

ExxonMobil profits below estimate, stocks fall

ExxonMobil profits below estimate, stocks fall

Higher oil prices drove increased profits for US oil giant ExxonMobil, but the earnings report Friday missed analyst expectations due to natural gas outages and refining downtime.