Nigerian President Bola Ahmed Tinubu has signed an executive order designed to lower costs and enhance revenue from oil and ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production.

The French firm is withdrawing from a production-sharing agreement that the Nigerian state signed in 2021 with TotalEnergies, ...

Nigeria aims to attract $30 billion in oil and $5 billion in gas investments, a goal considered attainable through the ...

ExxonMobil's quest to increase production is at one with Nigeria's aspiration to ramp up output to more than 2 million bpd this year after hitting a ten-year low in 2023. ExxonMobil is raring to ...

We’ve blinked and suddenly it’s June, and that means we’re already halfway through 2025! With just 6 months left of 2025, we ...

ExxonMobil will invest in developing Nigeria’s Usan deepwater oil field. • The company will also accelerate development of Owowo and Erha deepwater oil fields. ExxonMobil Corp. will invest in ...

ExxonMobil is raring to complete the process that will formalise a new $1.5 billion deepwater investment in Nigeria, and so has arranged for a final investment decision (FID) to be made at most by ...