ExxonMobil

Shell and Eni were the talk of the town last week in oil and gas, albeit for the wrong reasons. Their dealings surrounding the acquisition of the OPL 245 Block offshore…

Nigeria will begin debt payments to international oil companies operating in the country this month, Minister of State for Petroleum Resources Emmanuel Kachikwu said…

Qatar Petroleum’s (QP) decision to lift the self-imposed moratorium on the development of the North Field dominated the oil and gas headlines last week. However, the…

France’s Total on Thursday unveiled plans to start exploration work in Block 11 offshore Cyprus in early July, along with partner Eni.

The two majors will team up…

A signing ceremony on Cyprus on Wednesday kicked off an ExxonMobil and Qatar Petroleum (QP) exploration drilling campaign along the island’s southern coast.

The…

Brazil’s state giant Petrobras is hoping to bring its debt to less than 250% of earnings before interest, tax, depreciation and amortization (EBITDA) next year, CEO…

Iraq remains committed to full compliance with the November 2016 agreement to cap oil production, OPEC Secretary General Mohammed Barkindo reported on Sunday.…

The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) announced the results of the federal government’s latest Gulf of Mexico lease…

ExxonMobil’s deal with Eni earlier this month for the acquisition of a 25% stake in the Area 4 block off Mozambique means a tax windfall for the government.…