Following the fluctuation in the oil setup in Nigeria, Some oil producers still try to keep their product and make profit....
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Nigerians have taken to social media to react to reports of plans by American oil giant, Exxon Mobil to divest its assets in Nigeria.
According to Reuters, quoting industry and banking sources, the company has held talks on the sale of a suite of oil and gas fields in …
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The Nigerian government asks the companies to pay between $2.5 billion and $5 billion. Nigeria orders oil giants to pay nearly $20 billion in taxes and outstanding royalties for oil and gas production....
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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.
“Unfortunately, Shell and ExxonMobil exited the downstream sector in Nigeria a couple of years ago...
Oil and gas company, Exxon Mobil, a major player in Nigeria’s oil and gas sector witnessed a three per cent drop in its share price after it missed analysts’ earnings estimate in the second quarter.
The company reported earnings of $4 billion, or $0.92 …
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Qua Iboe Power Plant Limited (QIPPL), the promoter of the Qua Iboe Power Plant has signed a community partnership agreement (CPA) with project impacted communities in Akwa Ibom State.
Execution of the agreement is a strategic move by QIPPL to proactively establish a positive relationship with...
Aggrieved Staff of ExxonMobil in Akwa Ibom state on Friday took to the streets over the sack of 860 spy police in the company without entitlements.
The protest which started at about 8 am had the Mobil Housing Estate at Marina road, Eket Local council blocked by …
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