Seplat Energy Announces NUPRC Confirmation of Consent on MPNU Deal
Lagos and London, 22 October 2024: Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange…
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ExxonMobil
NNPC Limited, ExxonMobil Signs Settlement Agreement Over $1.28 billion Asset Divestment Deal
… as President Tinubu wade in, pushes for quick resolution on the approval of Exxon-Seplat asset deal.
By Ndubuisi Micheal…
Exxon Mobil-Seplat $1.3bn Asset Deal Nearing Approval
...NUPRC meets with both companies, considering to approve the deal in less than two weeks under three conditions.
...insist…
NUPRC, not delaying $1.3bn ExxonMobil assets deal
By Ibrahim Musa
There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of…
NUPRC Releases Regulatory Framework for Asset Divestment in Oil, Gas Sector
By Ndubuisi Micheal Obineme
…Outlines terms and conditions on asset divestment following the decisions of IOCs to sell its…
IOC’s Divestment: We Facilitate, Not Hinder Process – NNPC Ltd.
The Nigerian National Petroleum Company Limited (NNPC Ltd), as the largest partner to all the oil producing companies in Nigeria,…
NNPC, NCDMB, IOCs SIGN MoU To Reduce Contracting Cycle
In a major boost for the nation’s oil and gas industry, the NNPC Ltd and the Nigerian Content Development & Monitoring Board…
Nigeria Secures $13 Billion In Investment Pledges From Oil Firms
By Ndubuisi Micheal Obineme
Nigeria has secured a total of $13 billion in investment commitments in its oil and gas sector…
QatarEnergy Trading to offtake and market 70% of LNG produced by Golden Pass
DOHA, Qatar – Affiliates of QatarEnergy and ExxonMobil have agreed to independently offtake and market their respective…
ExxonMobil Acquires Deepwater Exploration Blocks in Namibe Basin Offshore Angola
By Ndubuisi Micheal Obineme
Following the recent reforms in Angola's oil and gas industry,
ExxonMobil, in-line with its…
ExxonMobil and Global Clean Energy Holdings sign agreement for renewable diesel
Global Clean Energy Holdings to supply renewable diesel from Bakersfield biorefineryRenewable diesel can significantly reduce…
IOCs reports historic loss, Cut Production in Permian Basin
The biggest U.S. oil producers reported historic losses last week and predicted that it could take months to recover as the…
More oil and gas projects in Nigeria are expected in 2019
By Ndubuisi Micheal Obineme
Oil and gas projects continues to expand at a rapid pace in the Nigerian oil and gas industry,…
ExxonMobil not exiting Nigeria – Kachikwu
The Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu has denied the knowledge about any plan by Exxon Mobil, operators…
ExxonMobil Provides $300,000 to Support Relief Efforts in Mozambique Following Cyclone Idai
Funding will be provided to the Red Cross and other
agencies to assist with disaster relief efforts ExxonMobil employees,…
ExxonMobil Made Two New Discoveries Offshore Guyana
IRVING, Texas----ExxonMobil has said that it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1…
ExxonMobil, Qatar Petroleum makes FID to Proceed with Golden Pass LNG Export Project
IRVING, Texas----ExxonMobil and partner Qatar Petroleum said that they have made a final investment decision to proceed with…
ExxonMobil & Partners Set To Advance Integrated Gas-for-Power Development in Vietnam
Proposed development to provide cleaner, reliable power and stimulate economic growth and improved living standards
Front-end…
ExxonMobil makes FID for Beaumont Refinery Expansion
ExxonMobil has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery…
ExxonMobil Joins Kinder Morgan, EagleClaw and Apache on Permian Highway Pipeline Project
ExxonMobil signs a letter of intent; XTO Energy to be a shipper on pipeline
HOUSTON----Kinder Morgan Texas Pipeline LLC (KMTP), a…
ExxonMobil Increases Estimate for Guyana’s Stabroek Block to 4 Billion Barrels
Evaluation supports third phase of development; additional two phases under consideration with potential to produce over…
ExxonMobil’s Petroleum-based polymers are widely used in the automotive industry
At a time when fuel efficiency standards are on the rise, plastics are helping cars travel longer distances on less fuel.
For…
ExxonMobil Earns $19.7 Billion in 2017; $8.4 Billion in Fourth Quarter
Net favorable non-cash impacts in the fourth quarter total $4.6 billion, including $5.9 billion relating to U.S. tax reform,…
ExxonMobil to Triple Permian Production by 2025
IRVING, Texas----ExxonMobil has officially announced that it plans to triple total daily production to more than 600,000…
ExxonMobil Named 2017 Explorer of the Year by World Oil and Gas Council
IRVING, Texas----ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence…
Ghana: “Exxon Mobil Key To Developing Ghana’s Oil & Gas Industry” – President Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says close co-operation between Ghana and the world’s largest publicly…
ExxonMobil Acquires Exploration Acreage Offshore Ghana
IRVING, Texas----ExxonMobil has officially announced that it has signed a petroleum agreement with the government of Ghana to…
ExxonMobil, MagnaBond Collaborates to develop New Well Integrity Evaluation Technologies
SPRING, Texas----ExxonMobil Upstream Research Company has officially announced that it has signed a three-year joint development…
ExxonMobil Come Across Hydrocarbons Onshore Papua New Guinea
IRVING, Texas----ExxonMobil has officially announced that it came across hydrocarbons after drilling the onshore P’nyang South-2…
ExxonMobil Announces Sixth Oil Discovery Offshore Guyana
IRVING, Texas----Exxon Mobil Corporation has announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s…