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Ivory Coast To Seek Investors For Deepwater Oil Blocks

By Josephine ADAMA ABIDJAN– Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea, at a promotional event in Texas...

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Prices of crude oil rise after a 7-month slide as Stock prices rebound

HOUSTON TX-Exxon Mobil, Chevron and other energy companies led all 10 sectors of the Standard & Poor’s 500 index to gains by the end of day on Jan. 16, as benchmark U.S. crude oil jumped $2.44,...

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Equatorial Guinea ratifies new ExxonMobil exploration agreement

Block EG-06 is located offshore Bioko Island, adjacent to the international border with Nigeria MALABO, Equatorial Guinea — The Ministry of Mines, Industry and Energy of Equatorial Guinea is pleased...

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Shell challenges ExxonMobil dominance with 47 billion-pound bid for BG

Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds ($70 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader U.S. Exxon...

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ExxonMobil announces significant Oil discovery offshore Guyana

By Yemie ADEOYE HOUSTON, TX-ExxonMobil, worlds largest hydrocarbon company and a major operator in the Nigerian Upstream oil and gas industry has announced a significant oil discovery on the Stabroek...

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ExxonMobil donates equipment, cash to six Nigerian varsities

LAGOS-Esso Exploration and Production Nigeria Ltd, a subsidiary of ExxonMobil, on Friday in Abuja donated geological equipment and cash to six Nigerian universities. ExxonMobil Headquarters in Nigeria...

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President Buhari appoints ExxonMobil’s Ibe Kachikwu as GMD NNPC

…As Prof. Danbatta emerges EVC NCC ABUJA-NIGERIAN President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the Group Managing Director of the Nigerian National Petroleum Corporation...

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ExxonMobil launches excellence reward scheme for A-Ibom schools

Joseph BAMIDELE EKET—IN line with its commitment to the development of education, ExxonMobil, a major oil company in Nigeria, has launched an academic reward programme to encourage excellence in...

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Why NNPC needs a new GMD now

  By Yemie ADEOYE I acknowledge, in the ordinary course of government, that the exposition of the laws and Constitution devolves upon the judicial. But I beg to know upon what principle it can be...

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