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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Impairment charge holds Exxon back
NEWS
Multinational - January 31, 2017

ExxonMobil announced on Tuesday that it had booked a USD 2-billion impairment charge in the fourth quarter of 2016, driving down earnings.

In its estimated 2016…

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Articles
Multinational - January 29, 2017

Sidetrack Sunday, TOGY’s coverage of offbeat oil and gas news, today taps into the fast-paced world of Formula 1 and BP’s return to the world’s premier form of racing.…

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Halcón Resources to enter Delaware Basin
NEWS
USA - January 25, 2017

In a company statement released late on Tuesday, Halcón said that had reached an agreement with Samson Exploration to purchase 84 square kilometres in Pecos and Reeves…

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Tanzania sees LNG plant decision in 2018
NEWS
Tanzania - January 24, 2017

Tanzania is hoping for a final investment decision on the Shell-led LNG plant and export terminal project in the southern Lindi region in 2018, Tanzania Petroleum…

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Tillerson gets panel nod
NEWS
USA - January 24, 2017

Former ExxonMobil Chief Executive Rex Tillerson late on Monday got the nod from the Senate Foreign Relations Committee for the position of US Secretary of…

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Permian continues to draw interest
NEWS
USA - January 18, 2017

On Tuesday, the Texas General Land Office (GLO) announced the results of an online lease auction for oil and gas properties, and the Permian proved to be the big draw.…

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ExxonMobil gains new Permian assets
NEWS
USA - January 17, 2017

ExxonMobil announced on Tuesday that it had acquired several companies holding 3.4 billion boe in the Delaware Basin. Through the acquisition, the super-major has more…

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Exxon reaffirms Blue Whale commitment
NEWS
Vietnam - January 13, 2017

ExxonMobil’s Vietnamese unit on Friday entered into an arrangement with PetroVietnam, underscoring its commitment to the development of the Blue Whale…

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