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Tag "ExxonMobil Corporation"

Presidency: Buhari has reversed approval of Seplat Energy, Mobil Producing Oil deal

    Presidency: Buhari has reversed approval of Seplat Energy, Mobil Producing Oil deal

President Muhammadu Buhari has reversed his authorisation of the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc. In February, Seplat had agreed to acquire the entire share capital of

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‘Status quo remains’ — NUPRC rejects Buhari’s approval of Seplat, Mobil Producing Oil assets deal

    ‘Status quo remains’ — NUPRC rejects Buhari’s approval of Seplat, Mobil Producing Oil assets deal

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says status quo will remain in respect to the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc. In May, NUPRC had declined

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Buhari overrides NNPC, approves Seplat’s acquisition of Mobil Producing Oil assets

    Buhari overrides NNPC, approves Seplat’s acquisition of Mobil Producing Oil assets

President Muhammadu Buhari has approved the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc despite moves by the state-owned oil company to block the deal. In February, Seplat had

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