Seplat ExxonMobil $1.28 billion deal gets boost as NNPC moves to withdraw lawsuit
NNPC has filed a motion in the High Court of the Federal Capital Territory, Abuja, seeking to discontinue its ongoing ...
Tag: ExxonMobil
NNPC confirms $1.28 billion asset divestment deal between ExxonMobil and Seplat after two years legal disputes
The Nigerian National Petroleum Company Limited (NNPC Ltd.) announced the signing of a settlement agreement that facilitates the divestment of ...
ExxonMobil to cut back operations in Nigeria as oil firm moves to smaller office in Lagos
ExxonMobil is downsizing its operations in Africa’s largest oil-producing nation as it moves to reduce its office space in Lagos ...
Tinubu seeks resolution of $1.28 billion divestment deal between ExxonMobil and Seplat Energy
President Bola Tinubu has said he is committed to the quick resolution of the divestment issues between ExxonMobil and indigenous ...
Seplat Energy announces extension agreement for ExxonMobil acquisition
Seplat Energy Plc has announced an extension of the share sale and purchase agreement (SSPA) for the acquisition of ExxonMobil’s ...
Court orders ExxonMobil to pay $725.5 million in leukemia case involving mechanic
A Pennsylvania jury in the United States of America has ruled that ExxonMobil must pay $725.5 million to an ex-mechanic ...
Nigerian crude falls to $86.5 per barrel amid weak demand globally
Nigerian crude moderately decreased but maintained its premium status as industry data showed a buildup in both crude and fuel ...
FG offers to expedite approval of Shell, others exit from Nigeria if they pay for oil spill cleanup
The federal government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has proposed to expedite the exit of major oil ...
FG may approve ExxonMobil’s $1.28 billion asset sale to Seplat in two weeks- Report
The Federal Government may approve ExxonMobil’s asset sale to Seplat in less than two weeks if parties agree to two ...
Turkey set to drill oil off Somali coast from 2025
Somalia says Turkey will begin drilling oil from the country’s massive coastline from next year according to the Director General ...
