American oil giants Chevron and ExxonMobil have unveiled their 2024 spending plans, leaving Nigeria’s major oil projects hanging in uncertainty. Despite rebounding from the 2020 crisis...
Seplat Energy and ExxonMobil have announced the extension of their Share Sale and Purchase Agreement (SSPA) for the acquisition of ExxonMobil’s share capital of Mobil Producing...
The US energy giant posted a profit of $11.4 billion in Q1 2023, up from $5.5 billion in Q1 2022, according to its latest financial report.
The Chadian government has announced that it has nationalized all assets and rights, including hydrocarbon permits and exploration and production authorizations, that belonged to Exxon Mobil’s...
The Nigerian National Petroleum Company (NNPC) has secured a court order restraining the sale of shares of ExxonMobil's Nigerian unit to any third parties.
Walmart took the top spot for the tenth year in a row, generating $5.1 trillion cumulative revenue over that time
The Nigerian government has urged the Turkish authorities to explore investment opportunities for major oil and gas projects in the country. Minister of State, Petroleum Resources,...
Apparently worried by unending inquiries by its happy investors and stakeholders who barely a week ago welcomed its share deal with ExxonMobil, Seplat Energy on Monday...
Oil theft, especially in a developing country like Nigeria is a major factor in the country’s declining economic growth. Experts revealed that in 2021 alone, Nigeria’s...
Seplat Energy is currently holding talks with another oil driller, ExxonMobil towards purchasing its Nigerian shallow water assets. This was disclosed by the company’s Chief Financial Officer, Emeka...