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ExxonMobil, QIPP power firm to invest $1.6 billion in Akwa Ibom

Oil giants ExxonMobil and power firm QIPP initiate plans to invest a combined $1.6 billion in the development of gas and power projects in Akwa Ibom state

NNPC: Oil output to hit 1.8 million bpd in 2019

Nigeria will increase its oil production to 1.8 million barrels per day next year, Nigeria National Petroleum Corporation (NNPC) Group Managing Director, Maikanti Baru, has declared.
Nigerian National Petroleum Corporation (NNPC)

Official: NNPC may sign oil swap deals with Shell, ExxonMobil

The Nigerian National Petroleum Corporation (NNPC) could sign crude-for-product deals with Shell and ExxonMobil, similar to one signed with BP last week, a senior NNPC official told Reuters on Monday.
Turkish President Recep Tayyip Erdogan has inaugurated a massive new airport project in Istanbul, which, once complete, is expected to become one of the world's largest.

Recep Erdogan warns ‘sea bandits’ over Cyprus energy exploration

Turkish President Recep Tayyip Erdogan on Sunday warned foreign oil companies over energy exploration off Cyprus, describing those who defy Ankara as "bandits of the sea" who would face a similar response as its foes in Syria.
Zimbabwe President elect Emmerson Mnangagwa addresses a press conference at State House in Harare, on August 3, 2018. Mnangagwa defended the landmark election in which he was declared victorious, despite claims from the opposition of vote-rigging. MARCO LONGARI / AFP

Zimbabwe’s Emmerson Mnangagwa says study points to oil in country

Zimbabwe's President Emmerson Mnangagwa said Thursday that an Australian firm would explore for oil and gas in the nation after a study indicated deposits.

Clapping for Chris Ngige with one hand

The Minister of Labour and Productivity, Chris Ngige, is wondering why we’re not clapping for the government of President Muhammadu Buhari first thing every morning and, perhaps, last thing at night before going to bed.

Blockade: Nigeria set to lose 550,000 barrels of oil – ExxonMobil

ExxonMobil said a blockade by former employees threatens crude production at oil facilities in Nigeria, adding that “disruptions to these operations have the potential to significantly impact revenues.”

Ex-Staff block ExxonMobil’s facilities

ExxonMobil’s Nigerian oil producing unit, weekend said its crude production and exports facilities from the Qua Iboe terminal had come under threat following an over six-week blockade by former employees protesting their dismissal.

NLNG: Nigeria to become 3rd world largest exporter of gas

The Nigeria Liquefied Natural Gas (NLNG) Ltd., says its ongoing plans to reach a Final Investment Decision (FID) on its Train-7 project by December will make Nigeria the third World largest gas exporter.

ExxonMobil: Why we sacked spy police officers

The Management of ExxonMobil has given reasons why spy police officers on the company’s employ were terminated shortly after being absorbed in compliance with the recent Supreme Court order.
The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without entitlement

Workers shut ExxonMobil HQ for sacking 860 Nigerian workers

The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without entitlement.

ExxonMobil Lagos headquarters shut by protesting workers

The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the alleged dismissal of 860 security personnel without entitlement.

ExxonMobil staff protest sack of 860 spy police

Aggrieved Staff of ExxonMobil in Akwa Ibom state on Friday took to the streets over the sack of 860 spy police in the company without entitlements.

Village head, four others arrested for allegedly abducting 19 oil workers

The Akwa Ibom Police Command on Sunday confirmed the arrest of a village head and four suspects for allegedly abducting 19 ExxonMobil staff members.

Three killed in Akwa Ibom cult clash

Eket, which has significant presence of workers of Mobil Producing Nigeria, a subsidiary of the American oil giant, ExxonMobil, is among the four local government areas mostly affected by perennial cult-killings and related violence in the state.

Pope urges oil majors to combat global warming and aid poor

Pope Francis on Saturday asked that major oil and gas companies respect the 2015 Paris climate agreement to help protect the poor from global warming.

Nigeria Customs seizes rice, vegetable oil worth N7.6m

The Western Marine Command of the Nigeria Customs Service, NCS, has impounded 571 bags of foreign parboiled rice in 50 kilograms bags, each and 49 kegs of 25kg litres of vegetable oil with Duty Paid Value, DPV of N7.6 milion in one week.

ExxonMobil to invest N13 billion in Akwa Ibom community projects

“These investments will provide long-term health, education and economic benefits to many in our communities,” said Paul McGrath, chairman and managing director of Mobil Producing Nigeria.

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