Sunday, October 1, 2023
Tags ExxonMobil

Tag: exxonMobil

ExxonMobil lifts force majeure on Qua Iboe oil terminal

In a statement, NNPC said the resolution would free up approximately 300,000 b/d of crude and condensate to be exported and that it would help Nigeria reach 1.8 million b/d of crude output by the end of 2023.

Exxon declares force majeure on crude liftings in Nigeria

Exxon Mobil Corporation in Nigeria declared force majeure on oil liftings from different terminals in the country following industrial action by the...

Nigeria targets 400,000bpd from Owowo, Bonga

He explained that following the approvals for Field Development Programmes (FDP) for some of the 2020 marginal field bid investors, the commission is optimistic of exceeding the OPEC quota.

ExxonMobil releases 2023 capex of $24 bn

By 2027, upstream production is expected to grow 500,000 boe/d to 4.2 million boe/d, with more than 50% of the total to come from those key growth areas.

NNPC sues ExxonMobil over planned onshore assets sale to Seplat

Under the agreement, Seplat was to pay $1.28 billion to acquire Exxon’s entire offshore shallow water business in Nigeria.
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Emefiele meets Tinubu at Aso Rock

Wale Edun, former Lagos Finance Commissioner; and James Faleke, a House of Reps member, were also at the villa.

Oil marketers endorse fuel subsidy removal, pledge minimal adjustments 

We once again laud President Tinubu for his bold vision and stand ready to collaborate with his administration in its effort to promote greater economic equality and prosperity for all Nigerians.

Firm unveils 20KG composite cooking gas cylinders to Nigerian Market

According to him, the 20kg LPG cylinder goes for N75,000 due to increase in foreign exchange and is also more competitive.

Allegation of illegal sale of 48m barrels of crude false, Malami insists

Recall that the minister took the same position when he first appeared before the panel on April 27, 2023 to give testimony.