ExxonMobil
27 Mar
An ecological and fiscal advocacy group, Policy Alert, has condemned the guidelines provided by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) on asset divestment in the oil and gas industry
29 Feb
ExxonMobil rallied to a vital 1-0 victory over ARADEL in the ongoing preliminaries of the football event of the 19th Nigeria Oil and Gas Industry Games at the Shell Residential Area pitch, Port Harcourt, Rivers State.
1 Feb
The Federal Government, yesterday, insisted that there is a need to bring on stream the controversial Oil Prospecting Licence (OPL) 245, adding that the 28 years of legal battle over the lucrative asset must end.
17 Jan
Fresh crises are brewing over Shell’s planned exit from the onshore segment of Nigeria’s oil and gas industry while Nigerian firms scout $4.5 billion to buy out the assets of the company and those of ExxonMobil and Nigerian Agip Oil Company Limited (NAOC).
2 Jan
Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, said the oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, is an ambitious jump from 2023 levels of around 1.6 million bpd.
19 Sep 2023
ExxonMobil has pledged nearly 40,000 barrels per day (bpd) in new Nigerian production in the short term after President Bola Ahmed Tinubu's success in wooing energy investors in the United States (US). Tinubu in a statement signed by his spokesman, Ajuri Ngelale played host to a delegation consisting of the global leadership of an Oil…
30 Aug 2023
Although about $490 billion is being invested this year to boost crude oil production and plug the supply gap, there are indications that supply shortfall may persist.
28 Jul 2023
Mobil Producing Nigeria Unlimited (MPN), a subsidiary of ExxonMobil and operator of the Nigerian National Petroleum Company Limited (NNPC)/MPN Joint Venture, has inaugurated two Host Community Development Trusts covering its Oil Mining Leases in Akwa Ibom State, in compliance with the provisions of the Petroleum Industry Act (PIA). The Trusts are the Incorporated Trustees of NNPC/MPN…
21 Jul 2023
The other day, security Agencies in Nigeria reportedly ordered the destruction of a ship laden with stolen crude oil and news credited to the Nigerian National Petroleum Company (NNPC) have it that an average of 437, 000 barrels of crude oil is stolen in Nigeria daily...
11 Jul 2023
Nigerian National Petroleum Company Limited (NNPCL), Shell, ExxonMobil, Chevron, Total and other oil companies operating in the country flared about $3.9 billion (about N3 trillion) worth of gas in the last four years...
2 Jul 2023
Seplat Energy Plc has expressed its commitment to completing the purchase of Nigerian oil and gas assets from ExxonMobil Corporation, a deal that has been held up by the Federal Government for more than a year.
16 Jun 2023
ExxonMobil, NBA Africa and PanAfricare tipped off the 10th season of the Power Forward youth development program, which uses basketball to teach health literacy and life skills to secondary school students in Abuja, Nigeria.
Latest
2 mins ago
Citizens Gravel, a non-profit organisation, has said Nigeria has over 27.5 million legal problems with land disputes accounting for 30 per cent of the legal issues.
6 mins ago
Government at all levels have been enjoined to activate policies aimed at encouraging learning among children.
19 mins ago
Justice Emeka Nwite of the Federal High Court sitting in Abuja has ordered that the charges on alleged N80.2 billion fraud filed by the Economic and Financial Crimes Commission (EFCC) against former Governor of Kogi State, Yahaya Bello, be served through his lawyer, Abdulwahab Mohammed.
24 mins ago
Residents of Taraba, Gombe and Adamawa states are facing severe hardship as a result of widespread power outage, which has crippled businesses and exacerbated economic challenges in the region.
25 mins ago
President of the Pharmaceutical Society of Nigeria (PSN), Prof Cyril Usifoh, has lamented the danger of substandard medicines, warning that they pose a significant threat to public health.
33 mins ago
Nigeria Development and Finance Forum (NDFF) 2024 Conference is set to strengthen the momentum for Nigeria’s economic growth and catalyse development in the country’s blue and green economies, the organisers have said.
36 mins ago
Savings Group Implementers Platform (SGIP) has called for policy and regulatory reforms to accelerate financial and economic inclusion for disadvantaged groups, especially at the grassroots.
44 mins ago
As oil drilling activities advance in Ebenyi 1, Obi Local Council, Nasarawa State, the host community has appealed to the Nigerian National Petroleum Company Limited (NNPCL) to take quick action on the earlier agreement reached as part of its Corporate Social Responsibility (CSR). º
1 hour ago
chairman of the nation’s anti-graft body, EFCC , Ola Olukoyede, yesterday disclosed sleazy details of their findings, revealing how the embattled ex-governor transferred $720,000 from the state government’s coffers to a bureau de change (BDC) before leaving office to pay in advance for his child’s school fee.