We Paid $665m To Renew Three Oil Blocks — Mobil   An oil giant, Mobil Producing Nigeria Unlimited (ExxonMobil), has denied an allegation of owing the Federal Government to the tune of $1.8bn for the renewal of three oil blocks’ licences. It said on Monday that it...

Presidential Panel Demands N684bn Oil Block Renewal Fee From Mobil ...Company Denies Indebtedness   The Special Presidential Investigation Panel for the Recovery of Public Property says an oil giant, Mobil Producing Nigeria Unlimited (ExxonMobil), is indebted to the Federal Government to the tune of $1.6bn, The PUNCH...

ExxonMobil Considers Sale Of $3bn Nigerian Assets   United States energy giant, ExxonMobil, has held talks on the sale of some oil and gas fields in Nigeria as the company focuses on new developments in United States shale and Guyana. This is coming as over $6.397 billion...

The Nigerian National Petroleum Corporation (NNPC) and ExxonMobil are collaborating to expand existing operational portfolio aimed at increasing the country's crude oil output. Group Managing Director of NNPC, Dr. Maikanti Baru, said this in Abuja after a meeting with a high-powered ExxonMobil delegation led by...

The plummeting prices of crude oil in the international market have impacted negatively on the earnings of ExxonMobil Corporation and Chevron Corporation, according to their third quarter 2016 results. Chevron’s average sales price per barrel of crude oil and natural gas liquids was $37 in...

…Begin entrepreneurship training for staff Shell and Chevron have begun entrepreneur-ship valedictory training for some of their staff, as the lingering tough time forced the companies and other International Oil Companies (IOCs) operating in Nigeria to slate about 250 fresh staff for disengagement, New Telegraph...