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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ExxonMobil’s Nigeria terminal blocked
NEWS
Nigeria - May 20, 2016

Access to ExxonMobil’s export terminal for Qua Iboe was blocked on Thursday, international media reported today. While Nigeria’s largest stream has been under force…

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Papua LNG prospects get boost
NEWS
Papua New Guinea - May 20, 2016

Oil Search on Friday finalised the USD 2.2-billion acquisition of local independent InterOil Corporation. The deal is expected to streamline LNG operations in Papua New…

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Pemex seeks deepwater partners
NEWS
Mexico - May 20, 2016

Pemex is in talks with several oil majors about jointly developing deepwater oil resources in the Gulf of Mexico. According to statements to the press on Friday, talks…

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Nigeria losses exceed 22-year low
NEWS
Nigeria - May 17, 2016

An uptick in violence in the oil-rich Niger Delta has cut Nigeria’s oil output by 800,000 bopd, Minister of State for Petroleum Resources and Nigerian National…

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Oil prices at six-month high
NEWS
- May 16, 2016

Ongoing supply disruptions, especially on account of increased violence in Nigeria’s Niger Delta, have pushed oil prices to fresh highs. On Monday, Brent futures were…

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ExxonMobil’s Cepu block at full steam
NEWS
Indonesia - May 10, 2016

Output at East Java’s Cepu block has hit 185,000 bopd, exceeding the peak production of some 165,000 bopd originally envisioned in the development plan, ExxonMobil…

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Saleh S. Abdali, the managing director of Oilibya, talks to TOGY about the market for lubricants in Egypt and the main areas for growth in the coming years.
Interview
Egypt - May 10, 2016

Saleh S. Abdali, the managing director of Libya Oil, talks to TOGY about the market for lubricants in Egypt and the main areas for growth in the coming years. Libya Oil…

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S&P downgrades ExxonMobil rating
NEWS
USA - April 27, 2016

Standard & Poor’s Rating Services stripped ExxonMobil of its triple-A credit rating late on Tuesday, leaving Microsoft Corporation and Johnson & Johnson as…

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