Oil giant ExxonMobil has announced it will invest $1.5 billion in Nigeria’s deepwater oil exploration and development over the next two years. The company said this fresh investment will be …
Major oil companies around the world have recorded sharp drops in profit in the first quarter of 2025, as the fall in global oil prices and rising production costs continue …
The Nigerian National Petroleum Company (NNPC) Limited has appointed Adesua Dozie and three others into top management positions, as part of an ongoing shake-up aimed at boosting efficiency and attracting …
ExxonMobil, one of the world’s oil majors has renewed two deep-water leases in Nigeria for 20 years, among the first permits granted under the country’s new oil and gas law. …
Seplat Energy, on Thursday, said it had not received any official notification from the Federal Government of Nigeria reversing its proposed acquisition of the entire share capital of Mobil Producing …
Shortly after President Muhammadu Buhari authorised the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc, he has made a U-turn on the deal. Buhari had on Monday approved the …
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has rejected the sale of ExxonMobil’s assets to Seplat Energy as approved by President Muhammadu Buhari. Recall that the President had in a statement …
Seplat Energy on Thursday in a filing to the capital market, Nigerian Exchange Limited (NGX), announced the resignation of Arunma Oteh as a non-executive Director in the company. Arunma Oteh, …
The Nigerian National Petroleum Company (NNPC) Limited has won a court decision temporarily blocking Exxon Mobil Corporation from selling assets in Nigeria to Seplat Energy Plc. A judge in Abuja …
The Chief Executive Officer of ExxonMobil, Darren Woods, has called for an increment in Carbon price, to enable more investors come into the market, insinuating that the current $50 per …