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Ex-ExxonMobil official, policeman die in hotels

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A former ExxonMobil staff and a police officer (names withheld) have been confirmed dead in hotels in the Eket area of Akwa Ibom State. The...

FG approves ExxonMobil’s $1.28bn assets divestment to Seplat

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The Federal Government has announced the approval of ExxonMobil’s $1.28 billion divestment of its oil and gas assets to Seplat Energy. The Chief Executive of...

Tinubu assures collaboration as ExxonMobil pledges 40,000bpd in Nigerian production

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President Bola Tinubu says he is prepared to solve problems and crush all bottlenecks standing in the way of new and large-scale capital flowing...

Seplat: We’re not informed of ExxonMobil deal reversal

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Seplat Energy has said it was informed of the reversal of its proposed acquisition of the entire share capital of ExxonMobil. The company, on Thursday,...

Reps demand evidence of N2.6trn taxes, royalty from oil firms

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The House of Representatives ad-hoc Committee on the recovery of outstanding N2.6 trillion debt owed the Federal Government by Oil and Gas companies has...

Oil, gas coys owe federation accounts N1.32trn in 2020 – NEITI

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The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that oil and gas companies liabilities to the Federation Accounts as at December 31, 2020...

Court to CBN: Release NNPC, Mobil’s N82bn to A’Ibom communities

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The Federal High Court, Abuja has granted a garnishee order absolute, on Central Bank of Nigeria (CBN) to release N81.9 billion to Ibeno Local...
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