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Restructuring

  • In the NewsOil & Gas

    Presidency Considers Major Restructuring of NNPC to Boost Oil Production

    by Oluwatosin Racheal Alabi November 11, 2025
    by Oluwatosin Racheal Alabi November 11, 2025

    KEY POINTS The Nigerian Presidency is weighing significant changes to the ownership structure of the Nigerian National Petroleum Company Limited, NNPC, as concerns mount over the state firm’s limited contribution …

  • In the News

    ExxonMobil to Cut 2,000 Jobs Globally in Cost-Saving Restructure

    by Oluwatosin Racheal Alabi October 6, 2025
    by Oluwatosin Racheal Alabi October 6, 2025

    KEY POINTS ExxonMobil Corp. plans to slash roughly 2,000 jobs worldwide — about 3% to 4% of its total workforce — in the latest phase of a sweeping restructuring aimed …

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Nigeria’s Oil Boom: Record Production in September 2023

Exxon, Lyondell among suitors for Shell’s US chemical assets, FT says
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Exxon, Lyondell among suitors for Shell’s US chemical assets,...
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