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ExxonMobil eyes fresh multi-billion dollar investments in Nigeria’s deepwater oil sector

Business Pointer Admin3 weeks ago3 weeks ago04 mins

By Seun Ibiyemi Global energy giant ExxonMobil has unveiled plans to invest billions of dollars in deepwater oil and gas projects in Nigeria, citing improvements in the country’s investment climate. The company disclosed this during a visit to the headquarters of the Nigerian Upstream Petroleum Regulatory Commission in Abuja as part of activities marking 20…

NNPC credits improved pipeline security for crude output surge

Business Pointer Admin4 weeks ago4 weeks ago04 mins

By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd) has attributed the recent rise in Nigeria’s crude oil production to strengthened pipeline security and coordinated stakeholder collaboration. Speaking at the Parliamentary Roundtable on the State of Pipeline Security held at the National Assembly in Abuja on Wednesday, the Group Chief Executive Officer of…