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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Sonatrach eyes offshore operations
NEWS
Algeria - February 27, 2017

Algeria’s Sonatrach is hoping to start offshore drilling and is in talks with foreign majors such as ExxonMobil, Eni and Anadarko, international media reported over…

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Week in review
NEWS
Multinational - February 25, 2017

The news of the past week revolved around major deals in Abu Dhabi, a fresh oil find and additional reserves in Iraq and a slew of annual results announcements.…

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Exxon year-end reserves take hit
NEWS
Multinational - February 23, 2017

ExxonMobil late on Wednesday announced its proven reserves figures at year-end 2016, reporting 20 billion boe.

The company’s proven reserves figure marks a drop of…

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Marathon to double spending in 2017
NEWS
USA - February 16, 2017

Marathon Oil yesterday released its 2017 capital programme, detailing planned expenditure of USD 2.2 billion – double its 2016 total of USD 1.1 billion. USD 2…

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SapuraKencana nabs Pan Malaysia job
NEWS
Malaysia - February 10, 2017

SapuraKencana Petroleum was selected by Petronas for transportation and installation works on the NOC’s offshore Pan Malaysia development, according to sources on…

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Week in review
NEWS
- February 03, 2017

TOGY’s oil and gas coverage of the past week was dominated by Iran’s downstream news and reporting on Indonesia’s Pertamina. There were also a number of Q4 and…

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Shell Permian JV structure under review
NEWS
USA - February 03, 2017

Royal Dutch Shell is reconsidering its Permian joint venture (JV) with Anadarko Petroleum, according to Shell CFO Simon Henry.

Henry made the announcement on…

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Total hits tough layers in Papua
NEWS
Papua New Guinea - February 02, 2017

The French giant Total and its smaller partners Oil Search and InterOil have drilled a side track appraisal well in the Orubadi Formation in Papua New Guinea after…

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