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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Nigeria, IOCs bury hatchet
NEWS
Nigeria - November 08, 2016

Nigeria’s Ministry of Petroleum Resources has reached a settlement with five international oil companies (IOCs) in a dispute over exploration and production costs,…

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ExxonMobil, Oil Seach target PNG gas
NEWS
Papua New Guinea - November 07, 2016

Partners ExxonMobil and Oil Search on Monday announced they had spudded the Muruk-1 gas exploration well in the highlands of Papua New Guinea.

Using the High Arctic…

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Shell surprises with record Q3 profit
NEWS
- November 01, 2016

Shell posted an adjusted Q3 profit on Tuesday that was up 18% year-on-year and narrowly beat the earnings of US competitor ExxonMobil.

At USD 2.79 billion, net…

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Qatar Petroleum in JV for LNG marketing
NEWS
Qatar - October 31, 2016

Qatar Petroleum (QP) announced on Monday a joint venture with ExxonMobil called Ocean LNG, tasked with marketing LNG sourced outside the GCC country.

QP will own a…

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US, EU majors post Q3 results
NEWS
- October 28, 2016

The US’ ExxonMobil and Chevron as well as France’s Total announced Q3 results that beat analyst expectations on Friday, hours after Italy’s Eni signaled…

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Exxon hits big offshore Nigeria
NEWS
Nigeria - October 27, 2016

ExxonMobil and partners Chevron and Total reported a major oil discovery off Nigeria late on Thursday. Made in the Owowo field, the find could increase the asset’s…

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Gas leaks plague Barzan project
NEWS
Qatar - October 18, 2016

Gas leaks from a pipeline associated with the Barzan project have pushed back the start-up of the Qatari gas endeavour, local sources familiar with the developments…

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Mexico eases deepwater development rules
NEWS
Mexico - October 14, 2016

Mexico’s upstream regulator decided on Friday to ease rules for foreign companies seeking a partnership with the state oil company Petroleos Mexicanos (Pemex) to…

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