Friday, April 26, 2024
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Tag "Exxon Mobil Corporation"

Poor investment, IOCs’ exit stall Nigeria’s ability to meet OPEC quota, says Sylva

    Poor investment, IOCs’ exit stall Nigeria’s ability to meet OPEC quota, says Sylva

Timipre Sylva, minister of state for petroleum resources, says poor investment and the exit of oil majors are affecting Nigeria’s inability to meet the oil production quota. Organisation of Petroleum

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Seplat acquires Mobil Producing Oil assets from ExxonMobil for $1.3bn (updated)

    Seplat acquires Mobil Producing Oil assets from ExxonMobil for $1.3bn (updated)

Seplat Energy Plc says it has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, Delaware (ExxonMobil).  The company

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