ExxonMobil Plans $1bn Usan Field Investment

Esso plans to invest about $1 billion to unlock up to 40,000 barrels of oil per…

Iraq Opens 11th Energy Exhibition to Advance Sector Development

Iraqi Prime Minister Mohammed Shia’ al-Sudani inaugurated the 11th Iraq Energy Exhibition and Conference on Saturday,…

ExxonMobil Lifts Force Majeure on Mozambique’s Rovuma LNG Project

ExxonMobil has lifted the force majeure declaration at the 18 million metric ton/year Rovuma LNG export…

ExxonMobil Backs $40m Oil, Gas Training Centre in Mozambique

ExxonMobil has pledged $40 million to establish an oil and gas training centre in Maputo, Mozambique’s…

Oil Majors Double Down on Crude Demand Despite Global Glut

Major international oil companies are once again placing significant bets on the demand for crude oil.…

Seplat Launches $3bn Five-Year Expansion Plan in Nigeria

Seplat Energy Plc, Nigeria’s leading indigenous oil and gas producer, has announced a $3 billion five-year…

ExxonMobil Considers $1bn Sale of European Chemical Plants

ExxonMobil began exploring the sale of its chemical plants in the UK and Belgium on Thursday, September 4,…

Libya Reopens Oil Fields, Investors Take Notice

Libya’s oil revival is capturing the attention of energy markets. After years of volatility, Libya is…

ExxonMobil Enters Exclusive Talks to Sell French Unit Esso

On Wednesday, May 28, U.S. energy firm ExxonMobil announced that it had entered exclusive negotiations with…

UAE to Boost U.S. Energy Investments to $440bn by 2035

The United Arab Emirates (UAE) announced plans to increase its energy investments in the United States…