ExxonMobil has confirmed plans to invest $1.5 billion in Nigeria’s deepwater exploration and development for the next two years. The planned investment, which will be executed between Q2 2025 and 2027 ...

ExxonMobil is slowing medium-term investments in low-carbon ventures by some $10 billion compared with its outlook a year ago ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production. According to ...

Nigerian firm Seplat Energy plans to revive output from hundreds of currently idle oil wells after completing the purchase of ExxonMobil’s onshore operations in the biggest African oil producer, ...

ExxonMobil plans to invest $1.5 billion in Nigeria over the next two years, according to the country's upstream regulator. News of this commitment will be welcomed by the Abuja government amid a ...

In his capacity as Minister of Petroleum Resources, and in consonance with the country’s drive for Foreign Direct Investment in the energy sector, President Muhammadu Buhari, has consented to the ...

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U.S. oil major Exxon Mobil Tuesday evacuated the families of staff from the 400,000 barrels-a-day Qua Iboe oil terminal in Nigeria following an armed attack the previous day. LONDON Nov 13, 2007 (Dow ...

Ogechukwu Udeagha, Manager, Media and Communication, said in a statement issued in Lagos that McGrath will succeed Mr Nolan O’Neal, who elected to retire after 34 years of service. McGrath joined ...

LAGOS (Reuters) - Exxon Mobil Corp said on Tuesday no attacks had taken place at its facilities after Nigerian militant group Niger Delta Avengers said it had blown up the Qua Iboe 48" crude oil ...