President Muhammadu Buhari has consented to the acquisition of Exxon Mobil shares in the United States of America by Seplat Energy Offshore Limited, as part of Nigeria’s drive for Foreign Direct Investment in the energy sector.
9 Jul 2021
The Akwa Ibom State Cooperative Fisheries Association has protested against Exxon Mobil’s failure to pay compensation for oil spillages in some communities at the National Human Rights Commission (NHRC) office in Abuja.
2 Feb 2021
Exxon Mobil closed the books on a terrible 2020 on Tuesday, reporting losses in the fourth-quarter and for the full year in the wake of lower oil prices amid the Covid-19 crisis.
29 Oct 2020
Oil prices dived Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while stock prices attempted a modest rebound. Both main oil contracts fell five percent for part of the day before clawing back some of their losses, extending this week's meltdown to plumb four-month lows on…
6 Oct 2020
The National Industrial Court (NIC), Lagos has dismissed an application filed by Exxon Mobil Corporation, seeking an order striking out its name from a suit by one of its executives, Mr Paul Arinze, challenging his alleged unlawful retirement. Exxon Mobil Corporation is the American oil giant and parent company of Mobil Producing Nigeria (MPN). The firm…
8 Apr 2020
The outbreak of coronavirus and glut in the oil sector will drastically affect the nation’s oil industry, especially projected which are expected to take place this year, the Chairman...
28 Jun 2019
As the Africa Cup of Nations in Egypt enters its second week, lots of buzz is being generated on social media platforms by the tournament. Fans cannot get enough of the action and are turning to their second screens to share the excitement and the controversies with their networks. Sponsors are also plugging in to…
3 Apr 2019
Exxon Mobil has said that it is still committed to the company’s long-term business operations in Nigeria.
5 Jun 2018
To boost productivity and sustain profitability, organisations have been urged to devise means of making their employees happy and contented.
27 Jan 2018
The final of the football event of the 2018 Nigeria Oil and Gas Industry Games will feature Chevron against Exxon Mobil after the two teams won their semi final matches against Shell and PTI respectively.
10 Jan 2018
The perennial fuel scarcity in Nigeria was once described by a reputable international journal as the wonder of modern times, which indeed is a fair assessment...