Jagir BAXI

Managing Director

ESSO NIGERIA

Our strategy now is very straightforward: leverage our global deepwater capabilities to unlock new growth for Nigeria.
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ExxonMobil In Figures

Countries where ExxonMobil is active: Around 56

Total assets as of September 2025: USD 454.34 billion

ExxonMobil is a global energy, fuels and chemicals company, with operations in around 56 countries. Today, the company is focused on the energy transition and energy security by providing energy solutions that promote human progress across the world.

  • Upstream: Exploration, development and production of crude oil and natural gas to strengthen energy security and meet global energy demand
  • Product solutions: Fuels for transportation and industrial use; lubricants and speciality products; petrochemicals and advanced materials for modern applications; lower-emission and high-value product development
  • Low-carbon solutions: Carbon capture and storage technologies; low-carbon hydrogen and ammonia solutions; lower-emission fuels and biofuels; lithium production for electric vehicle battery supply

ExxonMobil’s strategy is focused on meeting the world’s growing energy needs while advancing lower-emission solutions. The company is expanding production of oil and natural gas to enhance energy security; investing in technologies such as carbon capture, hydrogen and biofuels to reduce emissions; and pursuing opportunities in emerging areas like lithium for electric vehicles. Through its core businesses, ExxonMobil aims to deliver reliable, affordable and increasingly sustainable energy to support global economic development.

Company website: https://corporate.exxonmobil.com/

ExxonMobil News and Interviews

Strong fundamentals across continents - CAN26 - Gary GUIDRY - Gran Tierra
Interview
Canada - July 22, 2026

Gary Guidry of Gran Tierra Energy talks about making the right capital allocation decisions in Colombia and Ecuador.

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ExxonMobil kicks off $1-billion Nigeria investment
NEWS
Nigeria - July 10, 2026

ExxonMobil and partners have kicked off a $1-billion investment plan to expand offshore production in Nigeria.

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Goal-based standards for offshore innovation - USA26 - Matthew TREMBLAY - ABS
Interview
USA - July 02, 2026

Matthew Tremblay of the American Bureau of Shipping talks about goal-based standards that help ensure the safe adoption of…

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Ready for transition into Angola’s downstream - ANG26 - François-BACCI - Ponticelli Angola
Interview
Angola - June 29, 2026

François Bacci of Ponticelli Angola talks about leveraging the group’s downstream and renewables capabilities to capture…

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BP back to black on low price expectations
NEWS
Multinational - August 01, 2017

BP made USD 144 million in profit in Q2, up from a loss of USD 1.42 billion a year earlier, the super-major announced Tuesday.

H1 profit stood at USD 1.59 billion,…

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SABIC reports 25% fall in Q2 net profits
NEWS
Saudi Arabia - July 31, 2017

Saudi Basic Industries Corporation (SABIC) posted on Sunday a net profit of USD 980 million for Q2 2017, a fall of 25% from the same period last year.

Several…

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US majors post gains, losses
NEWS
Multinational - July 28, 2017

Super-majors ExxonMobil and Chevron reported strong Q2 results on Friday, a day after ConocoPhillips posted a loss of USD 3.4 billion.

ExxonMobil said that its…

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ExxonMobil strikes oil in Guyana
NEWS
Guyana - July 26, 2017

Super-major ExxonMobil said on Tuesday that it had discovered oil in the Payara-2 well drilled in Guyana’s offshore Stabroek block.

The well encountered about 18…

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Exxon challenges Russia fine
NEWS
Multinational - July 21, 2017

Super-major ExxonMobil said on Friday it was mounting a court challenge against the US Treasury Department over a USD 2-million fine imposed for alleged violations of…

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Indonesia stakes South China Sea claim
NEWS
Indonesia - July 21, 2017

Indonesia’s Ministry of Energy & Mineral Resources signed a Memorandum of Understanding with the army on Thursday to guard upstream facilities using military…

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ExxonMobil walks away from East Natuna
NEWS
Indonesia - July 19, 2017

ExxonMobil has abandoned plans to develop the East Natuna natural gas block in Indonesia, one of the largest reservoirs in the world, international media reported on…

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Jorge VUGDELIJA, CEO of Oldelval
Interview
Argentina - July 18, 2017

Jorge Vugdelija, CEO of Oleoductos del Valle (Oldelval), talks to TOGY about plans to expand the company’s transportation capacity in line with projected production…

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