Nigeria’s foremost indigenous energy company, Seplat Energy Plc, has said that it is still awaiting the next action by the government, over the assets acquisition deal it struck with Mobil Producing Nigeria Unlimited (MPNU), earlier in 2022. The deal had…
An exciting deal The business world and corporate Nigeria, especially the oil and gas industry, was literally lit and agog following the announcement by Seplat Energy Plc., a leading indigenous energy company listed on the Nigerian Exchange and the London…
PREMIUM TIMES Fishermen in Akwa Ibom State have accused ExxonMobil, the American multinational oil and gas corporation, of refusing to take responsibility and pay compensation for a series of oil spills that occurred in the state between 1998 and 2012.…
OILPRICE.COM The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks, and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves–or about one-third of the…
VANGUARD Following the directive of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, to its members to shut down operations and all activities at the nation’s oil rigs and export terminals over the continued detention of 21 offshore…
BUSINESSDAY ExxonMobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful of mega-projects, according to…