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ExxonMobil

  • In the NewsOil & Gas

    ExxonMobil Deploys Drone Technology to Boost Offshore Efficiency in Angola

    by Oluwatosin Racheal Alabi September 8, 2025
    by Oluwatosin Racheal Alabi September 8, 2025

    KEY POINTS The U.S. energy major claims that ExxonMobil’s deployment of drone-based inspection systems and sophisticated sonar imaging throughout its offshore operations in Angola will significantly increase safety, reduce downtime, …

  • In the NewsMarketsOil & Gas

    ExxonMobil Weighs $1 Billion Sale of European Chemical Plants

    by Oluwatosin Racheal Alabi September 4, 2025
    by Oluwatosin Racheal Alabi September 4, 2025

    KEY POINTS In light of the continent’s industry’s struggles to recover from a brutal energy crisis, new competition from China, and the effects of U.S. trade tariffs, U.S Major Oil …

  • In the News

    ExxonMobil Criticizes EU’s Climate Strategy, Says High Costs Hurt Industry

    by Oluwatosin Racheal Alabi August 29, 2025
    by Oluwatosin Racheal Alabi August 29, 2025

    KEY POINTS ExxonMobil has directly attacked Europe’s decarbonisation strategy, claiming that the EU‘s excessive reliance on expensive climate mandates and regulations has hurt competitiveness in its industrial core. According to …

  • In the NewsOil & Gas

    ExxonMobil Wins Industry Award in Nigeria for Boosting Geoscience Research

    by Oluwatosin Racheal Alabi August 20, 2025
    by Oluwatosin Racheal Alabi August 20, 2025

    KEY POINTS As ExxonMobil continues to link its long-term presence in Nigeria to larger investments in human capital, the company has recognized its Nigerian affiliates for their contributions to innovation …

  • Oil & Gas

    Libya’s NOC Reignites Collaboration with ExxonMobil for Offshore Exploration

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS In a significant move for Libya’s oil and gas sector, the National Oil Corporation, NOC, announced on Monday that it has entered into a memorandum of understanding (MoU) …

  • In the NewsOil & Gas

    ExxonMobil Set for Comeback in Libya With Offshore Deal

    by Oluwatosin Racheal Alabi July 31, 2025
    by Oluwatosin Racheal Alabi July 31, 2025

    KEY POINTS ExxonMobil is preparing to ink a conditional deal for offshore gas exploration in Libya, according to a statement by the U.S.  Embassy in Tripoli—potentially signaling the American energy …

  • In the News

    Exxon Plans Sale of Assets in North Dakota’s Bakken Shale

    by Adenike Adeodun October 16, 2024
    by Adenike Adeodun October 16, 2024

    ExxonMobil plans to sell assets in North Dakota’s Bakken shale to focus on high-growth resources, part of its strategy following the Pioneer merger.

  • In the News

    ExxonMobil Eyes Algeria for Oil and Gas Investments

    by Motoni Olodun January 10, 2024
    by Motoni Olodun January 10, 2024

    Algeria is in talks with the U.S. oil giant ExxonMobil to boost its oil and gas output, according to an energy ministry statement on Tuesday. The statement said that a …

  • In the News

    Nigeria Left Out of US Oil Giants’ 2024 Budgets

    by Motoni Olodun December 18, 2023
    by Motoni Olodun December 18, 2023

    Nigeria, Africa’s largest oil producer, has been overlooked by two of the biggest American oil companies in their 2024 spending plans. Chevron and ExxonMobil have announced their budgets for next …

  • In the News

    ExxonMobil and Chevron Buck the Trend: Doubling Down on Fossil Fuels

    by Motoni Olodun October 30, 2023
    by Motoni Olodun October 30, 2023

    In a world striving to balance escalating energy demands with the urgent need to reduce greenhouse gas emissions, a surprising development has emerged. ExxonMobil and Chevron, two of the largest …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Femi Otedola Exits Geregu Power in $750 Million Stake Sale
Nigeria’s Tinubu Approves Write-Off of Billions in NNPC Debt to Government Account

Latest Stories

Femi Otedola Exits Geregu Power in $750 Million Stake...
Nigeria’s Tinubu Approves Write-Off of Billions in NNPC Debt...
Chevron Tankers Deliver Venezuelan Oil to US Ports Despite...

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