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Tag "ExxonMobil"

Report: ExxonMobil, Shell to enforce part of $1.8bn award against NNPC

    Report: ExxonMobil, Shell to enforce part of $1.8bn award against NNPC

A United States appeals court says Exxon Mobil Corporation and Shell Plc affiliates may enforce a part of the $1.8 billion arbitration award against Nigerian National Petroleum Company Limited (NNPC),

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IOCs urge industry stakeholders to address oil theft in Niger Delta

    IOCs urge industry stakeholders to address oil theft in Niger Delta

International oil companies (IOCs) in Nigeria have called on stakeholders to address the existential issue of crude losses in the Niger Delta caused by oil theft. They made this known

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Like Shell, ExxonMobil to exit Russia over Ukraine invasion

    Like Shell, ExxonMobil to exit Russia over Ukraine invasion

ExxonMobil says it will exit Russia, following the exit of BP and Shell, over the invasion of Ukraine and the Western sanctions. The company said this in a statement issued

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Seplat Energy in talks to acquire ExxonMobil’s Nigerian shallow water oilfields

    Seplat Energy in talks to acquire ExxonMobil’s Nigerian shallow water oilfields

Seplat Energy Plc says it is currently in talks to acquire ExxonMobil’s shallow-water oilfields in Nigeria.  The company said this on Tuesday in a statement issued on the Nigerian Exchange

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Court grants EFCC’s application to arrest ExxonMobil MD over ‘$213m fraud’

  Court grants EFCC’s application to arrest ExxonMobil MD over ‘$213m fraud’

A federal high court in Abuja has granted an application by the Economic and Financial Crimes Commission (EFCC) to arrest

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ExxonMobil declares force majeure on Qua Iboe terminal

  ExxonMobil declares force majeure on Qua Iboe terminal

ExxonMobil has issued a force majeure on Qua Iboe Terminal (QIT) after one of its supervisor allegedly died in a

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‘Save me from avoidable pain’ — man sacked by ExxonMobil writes Buhari

  ‘Save me from avoidable pain’ — man sacked by ExxonMobil writes Buhari

Ernest Omo-Ojo, a former employee of  Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil, has accused the company of

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Mobil must reinstate 860 sacked staff, says Falana

  Mobil must reinstate 860 sacked staff, says Falana

Femi Falana, a human right lawyer, has asked Chris Ngige, minister of labour, to mandate Mobil Producing Nigeria Unlimited to

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NBA, ExxonMobil to mentor 300 students

  NBA, ExxonMobil to mentor 300 students

The National Basketball Association (NBA) has promised to mentor 300 students from 10 secondary schools in Abuja. The schools are:

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Nigeria to begin payment of $5.1bn debt to IOCs

  Nigeria to begin payment of $5.1bn debt to IOCs

The federal government says that it would begin payment of a $5.1 billion debt owed to five international oil companies

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