Exxon, Seplat and Nigeria
Exxon-Seplat $1.28 billion deal approval imminent, Nigeria president says
Exxon Mobil Corp's deal to sell its Nigerian onshore assets to Seplat Energy will be approved in days after getting clearance from the regulator, President Bola Tinubu said on Tuesday. The $1.28 billion deal has been closely watched since it was first announced in 2022 with analysts saying it would also signal to investors that similar deals,
Nigeria set to approve $1.3B Exxon asset sale to Seplat, president says
Exxon Mobil's (NYSE:XOM) deal to sell its Nigerian onshore oil and gas assets to Seplat Energy will be approved within days after gaining clearance from the country's regulator, Nigeria President Tinubu said Tuesday. The sale will "increase oil and gas ...
Nigeria Set to Approve Exxon Sale of Oil, Gas Assets to Seplat
Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, President Bola Tinubu said.
Nigeria Set to Approve Exxon’s $1.3-Billion Shallow Water Asset Sale
Nigeria's president has announced imminent approval for Seplat's $1.3 billion acquisition of ExxonMobil's shallow water assets, while Exxon plans to reinvest in Nigeria's deepwater oil exploration.
Exxon plans $10 billion oil investment in Nigeria, presidency says
Exxon Mobil Corp has proposed a $10 billion investment in offshore oil operations in a new investment push in Nigeria, a presidential spokesperson said on Thursday, citing company executives.
ExxonMobil plans US$10 billion investment in Nigeria's offshore oil operations
The company also plans to invest around US$2.5 billion/y to enhance oil production by 50 000 bpd over the next few years.
Jim Cramer on Exxon Mobil (XOM): ‘This is Not the Moment to Own Oil’
We recently published a list of Jim Cramer Stock Portfolio for Q4: Top 11 Stocks to Buy and Sell. Since Exxon Mobil Corp ...
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California Sues Exxon Over Global Plastic Pollution
On September 23, California’s attorney general announced that the state has initiated a lawsuit against Exxon Mobil regarding ...
Smallest OPEC Member Plans Oil Output Comeback After Exxon Exit
Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from ...
92 Hedge Funds Hold Positions in Exxon Mobil Corp. (XOM) as of Q2 2024
We recently published a list of 8 Best Inexpensive Stocks To Invest In Now. In this article, we are going to take a look at ...
Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum
Goff, who joined Exxon in 2021 as part of a dissident slate of directors, was on Friday identified as CEO of Amber Energy, an ...
Exxon Mobil says advanced recycling is the answer to plastic waste. But is it really?
Exxon Mobil has touted 'advanced recycling' as a groundbreaking technology that will turn the tide in the plastic crisis.
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Exxon invested in plastic recycling tech, and now California is suing Exxon, alleging deception
The Center for Climate Integrity (CCI), which is funded by the Rockefeller Family Fund, published a report alleging that “Big ...
Exxon Mobil, Visa Among 17 Companies To Announce Annual Dividend Increases In October
17 long-term dividend growth companies will announce their annual increases in October. I provide predictions of the dividend ...