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  • In the News

    Exxon Profits Fall Short of Estimates Despite Production Boost

    by Victor Adetimilehin July 9, 2024
    by Victor Adetimilehin July 9, 2024

    Exxon Mobil Corp. (XOM) lowered profit expectations for the second quarter of 2024, citing lower refining margins and natural gas prices. The company expects earnings per share to be between …

  • In the News

    Exxon’s California Exit Dents Earnings Amid Low Oil Prices

    by Victor Adetimilehin January 6, 2024
    by Victor Adetimilehin January 6, 2024

    Exxon Mobil Corp, the largest U.S. oil producer, reported a drop in its fourth-quarter earnings on Thursday, as it wrote down $2.5 billion of assets in California and faced lower …

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Nigeria’s Oil Boom: Record Production in September 2023

Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion
Oil Revenue Probe Paused as Minister asks Lawmakers for More Time

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Seplat Posts Record $2.7bn Revenue as Production Surges on...
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