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Tag: ExxonMobil

IOCs petroleum

Business

Petroleum Minister Dismisses Claims of IOCs Exit, Clarifies Industry Shifts

Nigeria’s Petroleum Minister Heineken Lokpobiri addresses IOC divestment concerns, emphasizing strategy shifts towards offshore investments

7 November 2024

ExxonMobil Seplat

Business

FG Approves ExxonMobil, Seplat $1.2b Divestment Deal

Following a two year wait FG finally approves ExxonMobil’s $1.2 billion onshore assests sale to Seplat Energy.

22 October 2024

ExxonMobil Oil

Business

ExxonMobil To Invest $10 billion In Nigeria’s Oil Sector

ExxonMobil commits to a $10 billion investment in Nigeria’s oil sector, aiming to enhance production and energy growth

26 September 2024

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