Home Topics Exxon Mobil

Exxon Mobil

Exxon weighs sale of Nigerian oil, gas fields

Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking, sources told Reuters.
Eddie Efekoha

Stakeholders charge insurers to increase capital base

The managing director/CEO, Consolidated Hallmark Insurance Plc, Mr. Eddie Efekoha, has charged his colleagues in the business of insurance to shore up their capital base, irrespective of the cancellation of the recapitalisation exercise by the National Insurance Commission (NAICOM).

Oil prices slide as economic outlook darkens, US supply surges

Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and imports slumped last month.

Top Mobil staff drags company to court, unveils plot to sack Nigerians

Mr Paul Arinze, an official of Mobil Producing Nigeria Unlimited, on Monday, asked a National Industrial Court in Lagos, to suspend a “Special Review Audit” that is probing the affairs of the Public and Government Affairs Department (P&GA) of the company.
A trader laughs ahead of the closing bell on the floor of the New York Stock Exchange (NYSE) on February 1, 2019 in New York City. – Wall Street stocks concluded another strong week with a nearly flat session on Friday, February 1, 2019, pausing from a heady January following strong jobs data and mixed earnings. Analysts said the rally that had propelled stocks since late December and produced the Dow’s best January in 30 years was showing signs of fatigue. (Photo by Johannes EISELE / AFP)

Global stocks mostly rise after strong US jobs data

Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
Secretary-General of OPEC, Mr. Mohammed Barkindo

WEF: Oil industry considers options to combat climate change, investors’ pressure

When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics – climate change and pressure from investors.
Emmanuel Ramazani Shadary

The three frontrunners in DR Congo’s elections

Three men dominate the field of 21 candidates vying to become next president of the Democratic Republic of Congo, Africa's second-largest nation.
Martin Fayulu, the joint opposition presidential candidate in Democratic Republic of Congo, speaks during an interview with Reuters in the capital Kinshasa, December 20, 2018.REUTERS-Baz Ratner-File Photo

Congo opposition leader Martin Fayulu takes clear lead for Sunday election

Opposition candidate Martin Fayulu is the clear favourite to win Democratic Republic of Congo’s long-delayed election on Sunday, a poll showed on Friday, though the outcome remains uncertain after voting was cancelled in several opposition strongholds.

Enefiok Essein: UNIUYO yet to receive take-off grant after 27 years

The Management of the University of Uyo (UNIUYO), Akwa Ibom State, has expressed concern that 27 years after the institution was taken over by the Federal Government, it has not been given its take-off grant.

Exxon, Chevron, others to join rivals in climate initiatives

Exxon Mobil, Chevron and Occidental Petroleum are joining a group of international oil and gas giants in an initiative aimed at curbing carbon emissions in the sector, two sources familiar with the matter said on Thursday.
Lagos lawyer and human rights activist, Femi Falana

Mobil staff: Femi Falana tasks Minister Ngige on Supreme Court judgement

Human rights lawyer, Mr. Femi Falana, SAN, has urged Minister of Labour and Employment, Dr Chris Ngige, to get Mobil Producing Nigeria Unlimited to obey the Supreme Court judgement and reinstate 860 security staff it sacked for resisting its anti-labour policy of converting them into spy police personnel.

OPL 245: A most popular oil block

The Petroleum Act 1969 (as amended) grants powers to the Ministry of Petroleum, acting through the Department of Petroleum Resources (DPR) to administer the licensing of oil blocks in the country.

Shell profits rise on back of soaring oil prices

Royal Dutch Shell on Thursday reported a 42 percent rise in first-quarter profit, its highest in over three years, boosted by higher oil prices and production.

US oil hurts Nigeria, OPEC in Europe

US oil producers are reaping the benefits of OPEC’s efforts to balance the crude market by flooding Europe with a record amount of crude, hurting traditional suppliers such as Nigeria.

Mozambique holds general election October 2019

Mozambique will hold presidential, parliamentary and provincial elections on October 15, 2019, the presidency said on Wednesday, setting the date for a vote that will proceed the southern African country’s emergence as a major gas exporter.

Southern young leaders vow to mobilise youth for 2019 poll

Young leaders from the southern part of Nigeria have vowed to mobilise the youth for the 2019 general election.

Rex Tillerson bids to ease Turkey tensions in Recep Erdogan talks

US Secretary of State Rex Tillerson arrived in Turkey on Thursday for talks with President Recep Tayyip Erdogan, seeking to ease tensions between the NATO allies that reached new heights over Ankara's ongoing operation inside Syria.

Jagal Group appoints Austin Tam-George as corporate affairs director

Jagal, a leading Nigerian conglomerate that operates energy businesses and manages a diverse portfolio of investments, has appointed Dr. Austin Tam-George as its new Group Corporate Affairs Director.

Recent Stories

Gboyega Oyetola

Governor Oyetola cancels Dubai trip for council chairpersons

Governor Gboyega Oyetola of Osun State has cancelled an earlier approved trip to Dubai, United Arab Emirates, for local government chairmen.
Aurora, the autonomous vehicle technology startup backed by Sequoia Capital and Amazon, has struck a deal with Fiat Chrysler Automobiles to develop self-driving commercial vehicles.

Aurora and Fiat Chrysler partner to build commercial autonomous vehicle platforms

Self-driving car software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest collaboration with an automaker for the fast-growing Silicon Valley company.

Solomon Dalung: What I’ll do if reappointed sports minister

The immediate past Minister of Youth and Sports, Solomon Dalung, has reeled out his agenda if he gets the nod of President Muhammadu Buhari to continue in his former role.

JAMB releases another 15,490 results

The Joint Admissions and Matriculation Board, JAMB, has released another 15,490 results of the 2019 Unified Tertiary Matriculation Examinations, UTME.

BUK offers 3,000 tree seeds to ventilate fresh ecosystem

Committed to reducing the impact of global warming especially on the environment, Bayero University, Kano (BUK) is offering 3,000 free trees seeds to its immediate and external community.