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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SABIC mulls petrochemicals JV
NEWS
Saudi Arabia - July 25, 2016

Saudi Basic Industries Corporation (SABIC) is considering to establish a joint venture with an ExxonMobil entity that will operate a jointly owned petrochemicals plant…

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NNPC calculates losses from theft
NEWS
Nigeria - July 22, 2016

Nigeria National Petroleum Corporation (NNPC) lost around USD 172 million in revenue due to oil theft in 2015, newly appointed managing director Maikanti Baru said on…

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Total, Oil Search bow out
NEWS
Papua New Guinea - July 21, 2016

Total on Thursday bowed out of the race to acquire Papua New Guinea-based InterOil, clearing the way for rivals ExxonMobil to take over the company and strengthen its…

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Angola LNG down, Gorgon to restart
NEWS
Angola - July 20, 2016

The Angola LNG export plant has reportedly been shut down until late-August for final tests, traders said on Wednesday. The facility had recently been restarted after a…

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Exxon gets on InterOil bandwagon
NEWS
Papua New Guinea - July 18, 2016

ExxonMobil on Monday officially announced it had bid for InterOil in an effort to bolster its LNG operations in Papua New Guinea. The US major made a “superior…

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Exxon declares force majeure on Qua Iboe
NEWS
Nigeria - July 15, 2016

A “system anomaly” discovered during a routine check has prompted ExxonMobil’s Nigerian subsidiary, Mobil Producing Nigeria, to declare force majeure on Qua Iboe…

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Interview
Equatorial Guinea - July 12, 2016

Alfredo Jones, the managing director of Alduco Engineering Services, speaks to TOGY about the challenges in the oil and gas industry in Equatorial Guinea, meeting…

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Chevron to raise Kazakhstan output
NEWS
Kazakhstan - July 05, 2016

Chevron has signed off on the Future Growth and Wellhead Pressure Management Project for Kazakhstan’s Tengiz oilfield, the company announced on Tuesday. The USD…

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ExxonMobil confirms Guyana discovery
NEWS
- June 30, 2016

Drilling results from ExxonMobil’s Liza-2 well offshore Guyana have confirmed the presence of as much as 1.4 billion boe in recoverable resources, the company said in…

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