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Contact information
Address

6th Floor, St Peter's House, 3 Ajele Street Lagos, Nigeria.

Email

info(at)ctb-ng.com

Phone

+234 709 8119 327

Stock Market

MOBIL OIL NIGERIA PLC

MOBIL      158.00 NGN    0.00 ( 0.00 %)

Open
158.00
High
158.00
Low
158.00
Close
158.00
Year High
188.00
Year Low
150.00
Volumn
4,496
Value
706,936.90

Oil Giants Note -- Nigeria Now Has a Chance to Open Its Fields

Tue, 16 Jul 2019 04:00:00 GMT — Bloomberg
Oil Giants Note -- Nigeria Now Has a Chance to Open Its Fields    Bloomberg Investors' 11-year wait for the Nigerian government to open up Africa's biggest crude industry may be over. An overhaul of oil policy that's been in the works for ... read more

We’re not getting forex at N305/$1, oil marketers lament

Fri, 05 Jul 2019 07:00:00 GMT — The Punch
We’re not getting forex at N305/$1, oil marketers lament    The Punch 'Femi Asu The Major Oil Marketers Association of Nigeria has said its members are not getting foreign exchange at N305 to a dollar for the importa... read more

West Africa Oil & Gas Upstream Market 2019-2024: Increasing Exploration & Production Activities - Nigeria to Dominate the Market - ResearchAndMarkets.com

Tue, 02 Jul 2019 07:00:00 GMT — Yahoo Finance
West Africa Oil & Gas Upstream Market 2019-2024: Increasing Exploration & Production Activities - Nigeria to Dominate the Market - ResearchAndMarkets.com    Yahoo Finance The "West Africa Oil & Gas Upstream Market - Growth, Trends, and Forecast " report has been added to ResearchAndMarkets.com's offering. read more

Oil marketers deny access to $7.2 billion window on fuel importation

Tue, 09 Jul 2019 07:00:00 GMT — Daily Trust
Oil marketers deny access to $7.2 billion window on fuel importation    Daily Trust Major oil marketers under the auspices of Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Products Marketers Association of ... read more

ExxonMobil considers sale of Nigerian oil, gas fields for $3bn

Wed, 03 Apr 2019 07:00:00 GMT — The Punch
ExxonMobil considers sale of Nigerian oil, gas fields for $3bn    The Punch 'Femi Asu with agency report. Nearly two and a half years after exiting Nigeria's downstream oil sector, ExxonMobil is weighing the sale of some oil and gas ... read more

MOMAN seeks deregulation, denies NNPC’s N305/$1 claim on fuel importation

Wed, 10 Jul 2019 07:00:00 GMT — Guardian
MOMAN seeks deregulation, denies NNPC’s N305/$1 claim on fuel importation    Guardian The Major Oil Marketers Association of Nigeria (MOMAN) has said total deregulation of the downstream sub-sector remains the best option, as no marketer is ... read more

11Plc eyes growth in lubricant market, rewards customers

Thu, 20 Sep 2018 07:00:00 GMT — Punchng
11Plc eyes growth in lubricant market, rewards customers    Punchng 'Femi Asu 11 Plc, formerly Mobil Oil Nigeria Plc, is bullish on expanding its foothold in the lubricant market, as it rewarded its customers in it... read more

ExxonMobil, one of Nigeria's largest oil and gas producers, is planning to sell oil assets worth up to $3 billion

Wed, 03 Apr 2019 07:00:00 GMT — Pulse Nigeria
ExxonMobil, one of Nigeria's largest oil and gas producers, is planning to sell oil assets worth up to $3 billion    Pulse Nigeria ExxonMobil Nigeria is planning to sell stakes in oil mining leases 66, 68, 70 and 104, a jointly owned venture with Nigeria's state-owned oil firm, NNPC. read more

New Research on High Viscosity Lubricating Oil Industry: Future of investment opportunities, market share & trends to 2026 | Leading Players: Idemitsu Kosan, Shell, Valvoline, Ashland, IndianOil

Sun, 21 Jul 2019 16:23:28 GMT — Market Reports
New Research on High Viscosity Lubricating Oil Industry: Future of investment opportunities, market share & trends to 2026 | Leading Players: Idemitsu Kosan, Shell, Valvoline, Ashland, IndianOil    Market Reports Research report comes up with the size of the global High Viscosity Lubricating Oil Market for the base year 2019 and the forecast between 2019 and 2026. read more

Equities continue decline

Thu, 04 Jul 2019 04:59:20 GMT — The Nation Newspaper
Equities continue decline    The Nation Newspaper Nigerian equities continued on their losing streak as investors appeared to overlook new audited reports and accounts, dividend recommendations. read more

Forte Oil Divestment: Shareholders task firm on lubricants, liquidity

Tue, 25 Jun 2019 07:00:00 GMT — Vanguard
Forte Oil Divestment: Shareholders task firm on lubricants, liquidity    Vanguard Nigerian News - Shareholders have tasked Forte Oil Plc to put in place a new board, capable of driving the company towards increased stability and growth. read more

Mobil Oil Nigeria Plc Changes Name to 11 Plc

Tue, 08 Aug 2017 07:00:00 GMT — Proshare Nigeria Limited
Mobil Oil Nigeria Plc Changes Name to 11 Plc    Proshare Nigeria Limited Mobil Oil Nigeria Plc has changed its name to 11 Plc (pronounced as “Double One Plc”). This is sequel to the resolution passed by the company's shareholders ... read more

Nigerian fuel retailer Nipco launches $16 mln offer for Mobil Oil shares

Wed, 21 Jun 2017 07:00:00 GMT — Reuters
Nigerian fuel retailer Nipco launches $16 mln offer for Mobil Oil shares    Reuters Nipco Plc has launched a 4.84 billion naira ($16 mln) offer for the shares it needs to take its stake in Mobil Oil to 70 percent to comply with Nigerian takeover ... read more

Court Adjourns Oando Case Against Securities Regulator Until July 22

Mon, 24 Jun 2019 07:00:00 GMT — SaharaReporters.com
Court Adjourns Oando Case Against Securities Regulator Until July 22    SaharaReporters.com A federal court sitting in Lagos on Monday has adjourned a case brought by oil firm Oando Plc to stop Nigeria's financial watchdog from replacing its chief ... read more

Nipco gets recognition for Mobil Oil acquisition

Thu, 01 Mar 2018 08:00:00 GMT — Punchng
Nipco gets recognition for Mobil Oil acquisition    Punchng 'Femi Asu. Nipco Plc, a major player in the downstream oil and gas sector, has received an award for its recent acquisition of ExxonMobil's stake in Mobil Oil ... read more

Mobil Oil Nigeria Plc - Another IOC Exits Downstream

Mon, 10 Apr 2017 10:08:06 GMT — Proshare Nigeria Limited
Mobil Oil Nigeria Plc - Another IOC Exits Downstream    Proshare Nigeria Limited Mobil Oil Nigeria's (Mobil) results in came in better than expected, boosted by gross margin expansion and improved real estate income which grew 40% y/y to ... read more

NIPCO Investments Limited Completes N90bn Acquisition of ExxonMobil's Stake in Mobil Oil Nigeria Plc

Tue, 04 Apr 2017 07:00:00 GMT — Proshare Nigeria Limited
NIPCO Investments Limited Completes N90bn Acquisition of ExxonMobil's Stake in Mobil Oil Nigeria Plc    Proshare Nigeria Limited Following the approval of the Securities and Exchange Commission (SEC) and The Nigerian Stock Exchange (NSE), NIPCO Investments Limited (NIPCO), ... read more

Growing calls for reform of downstream oil sector

Thu, 24 Jan 2019 08:00:00 GMT — The Punch
Growing calls for reform of downstream oil sector    The Punch The downstream sector of the Nigerian oil and gas industry is in desperate need of reform as unresolved challenges continue to dampen private secto... read more

11 Plc relaunches aviation fuel business

Wed, 05 Dec 2018 08:00:00 GMT — Guardian Nigeria
11 Plc relaunches aviation fuel business    Guardian Nigeria 11Plc, formerly Mobil Oil Nigeria Plc, has recommenced the sale and marketing of aviation jet fuel at the Murtala Mohammed International Airport and General ... read more

11Plc petitions police over Ascon occupation of Gbagada fuel station

Tue, 25 Sep 2018 07:00:00 GMT — Vanguard
11Plc petitions police over Ascon occupation of Gbagada fuel station    Vanguard 11 Plc, formerly Mobil Oil Nigeria Plc, has petitioned police authorities over Ascon Oil Nigeria Limited alleged occupation of a filling station, located in a piece of ... read more

IT’S OFFICIAL: Mobil Oil is now 11 Plc

Tue, 08 Aug 2017 07:00:00 GMT — TheCable
IT’S OFFICIAL: Mobil Oil is now 11 Plc    TheCable Mobil Oil Nigeria Plc says it will now be known as 11 Plc (to be pronounced as Double One Plc). In a statement signed by Godstime Iwenekhai, acting head, ... read more

Mobil Nigeria changes name to 11 Plc

Wed, 09 Aug 2017 07:00:00 GMT — Premium Times
Mobil Nigeria changes name to 11 Plc    Premium Times Mobil Oil Nigeria Plc has changed its name to 11 Plc, an official has said. A notice dated August 8, posted to the Nigerian Stock Exchange, NSE, and signed by ... read more

Nipco Plc raises stake in Nigerian fuel retailer

Wed, 23 Aug 2017 07:00:00 GMT — Reuters
Nipco Plc raises stake in Nigerian fuel retailer    Reuters Nigerian fuel distributor Nipco Plc has bought another 3.23 percent stake in 11 Plc, the fuel retailer formerly known as Mobil Oil Nigeria, for 4.84 billion naira ... read more

11 Plc renovates 21 classrooms in Apapa

Mon, 01 Apr 2019 07:00:00 GMT — Daily Trust
11 Plc renovates 21 classrooms in Apapa    Daily Trust Oil major, 11plc, formerly Mobil Oil Nigeria Plc, has intensified its social investment scheme with the renovation of two building structures consisting of 21 ... read more

Fake lubricants flood domestic market – MD, 11 Plc

Tue, 02 Oct 2018 07:00:00 GMT — Vanguard
Fake lubricants flood domestic market – MD, 11 Plc    Vanguard THE management of 11Plc (formerly Mobil Oil Nigeria Plc), has frowned at the influx of adulterated lubricants into Nigeria's domestic market, saying the market ... read more

Nigeria Heads to Sea in Search of Future for Oil Producers

Mon, 29 Oct 2018 07:00:00 GMT — Bloomberg
Nigeria Heads to Sea in Search of Future for Oil Producers    Bloomberg When it comes to the future of its oil industry, Nigeria is looking miles out to sea. By early next year, the largest offshore production vessel ever delivered to ... read more

ExxonMobil (XOM) Plans to Divest Stakes in Nigerian Assets

Fri, 05 Apr 2019 07:00:00 GMT — Nasdaq
ExxonMobil (XOM) Plans to Divest Stakes in Nigerian Assets    Nasdaq Per Reuters, Exxon Mobil Corporation XOM is contemplating the sale of its stake in some of the oil and gas fields in Nigeria, both onshore and. read more

Advanced Research Report to Uncover Key Factors of Industrial Gear Oils Market 2019-2025 key players like Advanced Lubrication Specialties, Afton Chemical Corporation, Amalie Oil Company, Bechem Lubrication Technology, LLC, Chem Arrow Corporation, CLC Lubricants

Fri, 12 Jul 2019 06:11:31 GMT — Rise Media
Advanced Research Report to Uncover Key Factors of Industrial Gear Oils Market 2019-2025 key players like Advanced Lubrication Specialties, Afton Chemical Corporation, Amalie Oil Company, Bechem Lubrication Technology, LLC, Chem Arrow Corporation, CLC Lubricants    Rise Media Industrial Gear Oils Market. Research report comes up with the size of the global Industrial Gear Oils Market for the base year 2019 and the forecast between ... read more

ExxonMobil sells 60% stake in Mobil Oil Nigeria to Nipco

Thu, 20 Oct 2016 07:00:00 GMT — The Nation Newspaper
ExxonMobil sells 60% stake in Mobil Oil Nigeria to Nipco    The Nation Newspaper ExxonMobil Oil Corporation has executed a sale and purchase agreement (SPA) with Nipco Plc to sell its majority equity stake of 60 per cent in Mobil Oil Nigeria ... read more

MOBIL Declares N9.33bln PAT in 2018 Audited Result, Proposes N8.25K Final Dividend

Fri, 22 Mar 2019 07:00:00 GMT — Proshare Nigeria Limited
MOBIL Declares N9.33bln PAT in 2018 Audited Result, Proposes N8.25K Final Dividend    Proshare Nigeria Limited Mobil Plc , Petroleum and Petroleum Products Distributors company in Oil and Gas sector announced 31.4% Revenue growth in Q4'18 Result. read more

Nigeria Revives Plan to Double Oil Output, Triple Refining

Thu, 25 Apr 2019 07:00:00 GMT — Bloomberg
Nigeria Revives Plan to Double Oil Output, Triple Refining    Bloomberg Nigeria plans to almost double oil production and triple its refining capacity within six years, reviving previous pledges that turned out to be too ambitious. read more

Oil marketers are making losses, closing shop —MOMAN

Fri, 18 Jan 2019 08:00:00 GMT — The Punch
Oil marketers are making losses, closing shop —MOMAN    The Punch 'Femi Asu The Major Oil Marketers Association of Nigeria has said most oil marketing companies in the country are running at a loss, while many ha... read more

Petroleum Liquid Feedstock Market will reach CAGR of 2.95%, Factors Influencing Future Market Drivers of Oil & Gas Refining & Marketing,Oil, Gas & Consumable Fuels sector.

Fri, 19 Jul 2019 19:15:31 GMT — Cryptocurrency News
Petroleum Liquid Feedstock Market will reach CAGR of 2.95%, Factors Influencing Future Market Drivers of Oil & Gas Refining & Marketing,Oil, Gas & Consumable Fuels sector.    Cryptocurrency News Petroleum Liquid Feedstock Market research report provides knowledgeable market data on the market drivers, present as well as upcoming growth ... read more

NIPCO's acquisition: Mobil Oil changes name to DOUBLE ONE Plc

Tue, 11 Apr 2017 07:00:00 GMT — Vanguard
NIPCO's acquisition: Mobil Oil changes name to DOUBLE ONE Plc    Vanguard By Sebastine Obasi. FOLLOWING the successful completion of the acquisition process of 60 per cent equity stake of ExxonMobil in Mobil Oil Nigeria Plc (MON) ... read more

No Cause For Panic Over Fuel Scarcity, Oil Marketers Assure Nigerians

Sat, 13 Apr 2019 07:00:00 GMT — SaharaReporters.com
No Cause For Panic Over Fuel Scarcity, Oil Marketers Assure Nigerians    SaharaReporters.com Clement Isong, the Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), has assured Nigerians that there is no risk of possible fuel scarcity ... read more

NIPCO takes over ExxonMobil’s 60% stake in Mobil Oil Nigeria

Mon, 03 Apr 2017 07:00:00 GMT — The Nation Newspaper
NIPCO takes over ExxonMobil’s 60% stake in Mobil Oil Nigeria    The Nation Newspaper ... • Launches N60.2b bid for minority shares. NIPCO Investments Limited, a subsidiary of NIPCO Plc, at the weekend took over the 60 per cent majority equity ... read more

ASCON Oil, 11 PLC clash over filling station

Thu, 27 Sep 2018 07:00:00 GMT — The Nation Newspaper
ASCON Oil, 11 PLC clash over filling station    The Nation Newspaper The ownership battle for a petrol station belonging to Mobil Oil Plc now 11PLC on Oshodi-Gbagada Expressway, has taken a new dimension. ASCON Oil ... read more

Waxes Industry Global Market Growth, Trends, Revenue, Share and Demands Research Report 2023

Fri, 19 Jul 2019 15:07:00 GMT — Global Banking And Finance Review
Waxes Industry Global Market Growth, Trends, Revenue, Share and Demands Research Report 2023    Global Banking And Finance Review Global “Waxes Market” shows the continuous positive developments in major regions like North America, Europe, Asia-Pacific, South America, Middle East and ... read more

Otedola’s planned exit from Forte Oil raises concern on downstream sustainability

Wed, 02 Jan 2019 08:00:00 GMT — Guardian Nigeria
Otedola’s planned exit from Forte Oil raises concern on downstream sustainability    Guardian Nigeria With the Chairman of Forte Oil Plc, Femi Otedola, set to sell his entire 75 per cent majority equity stake in the company in a deal estimated... read more

It’s unhealthy that only NNPC is importing petrol — Oyebanji

Sun, 13 Jan 2019 08:00:00 GMT — The Punch
It’s unhealthy that only NNPC is importing petrol — Oyebanji    The Punch Mr Adetunji Oyebanji is the new Chairman of the Major Oil Marketers Association of Nigeria and Managing Director, 11 Plc (formerly Mobil Oil Nigeri... read more

Energy News Monitor | Volume XVI; Issue 2

Tue, 25 Jun 2019 07:00:00 GMT — Observer Research Foundation
Energy News Monitor | Volume XVI; Issue 2    Observer Research Foundation Examining the oil demand slowdown in India and other energy new in and around the world. read more

Stock market investors lose N78bn in bearish run

Mon, 24 Jun 2019 07:00:00 GMT — Vanguard
Stock market investors lose N78bn in bearish run    Vanguard Nigerian News - FOLLOWING the four days bear run on the Nigerian Stock Exchange, NSE, last week, investors lost N78 billion as market capitalisation d. read more

Statoil is the latest energy company to drop "oil" from its name

Tue, 15 May 2018 07:00:00 GMT — Quartz
Statoil is the latest energy company to drop "oil" from its name    Quartz Today, Norwegian oil giant Statoil will officially rebrand as Equinor. Why? “A name with 'oil' as a component would increasingly be a disadvantage. None of our ... read more

11 Plc relaunches aviation fuel sale

Tue, 04 Dec 2018 08:00:00 GMT — The Nation Newspaper
11 Plc relaunches aviation fuel sale    The Nation Newspaper 11 Plc (formerly Mobil Oil Nigeria Plc) has recommenced the sale and marketing of aviation jet fuel (ATK) at the Murtala Mohamed International Airport and ... read more

Nigeria's oil-rich Bayelsa State opens inquiry on spills

Wed, 27 Mar 2019 07:00:00 GMT — WorldOil
Nigeria's oil-rich Bayelsa State opens inquiry on spills    WorldOil Nigeria's oil-rich Bayelsa state started an inquiry into the human and environmental impact of spills caused by multinational businesses operating in the region, ... read more

List of oil and gas companies in Nigeria and their websites

Wed, 21 Nov 2018 08:00:00 GMT — Legit.ng
List of oil and gas companies in Nigeria and their websites    Legit.ng Legit.ng News ☆ Learn who are ✅TOP 10 AND GAS COMPANIES IN NIGERIA✅ and their websites! Do not miss an opportunity to find out how much oil ... read more

Communities lose N24.3b oil spill suit against Mobil

Wed, 17 Apr 2019 07:00:00 GMT — Guardian
Communities lose N24.3b oil spill suit against Mobil    Guardian Indigenes of Kampa communities in Eastern Obolo local council of Akwa Ibom State have lost a N24.3 billion suit filed against Mobil Producing Nigeria after the ... read more

Eterna: Why we’re expanding as oil majors sell downstream arm

Tue, 12 Feb 2019 08:00:00 GMT — TheCable
Eterna: Why we’re expanding as oil majors sell downstream arm    TheCable Mahmud Tukur, managing director, Eterna Plc, says the company is expanding its downstream operations despite Nigeria's “challenging operating environment” ... read more

Energy News Monitor | Volume XVI; Issue 3

Mon, 01 Jul 2019 07:00:00 GMT — Observer Research Foundation
Energy News Monitor | Volume XVI; Issue 3    Observer Research Foundation Exploring the gas sector revival by using LNG, growth in the demand for jet fuel and gasoline — and other news. read more

Nigeria Plans to Boost Spending as Revenue Improves on Oil

Wed, 10 Apr 2019 07:00:00 GMT — Bloomberg
Nigeria Plans to Boost Spending as Revenue Improves on Oil    Bloomberg Nigeria will propose a supplementary budget later this year to boost capital spending and fund a 67 percent increase in the minimum wage as government ... read more

ExxonMobil explains divestment from downstream as shareholders react

Wed, 26 Oct 2016 07:00:00 GMT — Guardian
ExxonMobil explains divestment from downstream as shareholders react    Guardian ExxonMobil, an American multinational oil and gas corporation, has said that its divestment of 60 per cent stake in Mobil Oil Nigeria Plc, to Nipco Plc., would ... read more

Nipco outlines growth strategies for Nigeria’s downstream petroleum business

Wed, 19 Apr 2017 07:00:00 GMT — Guardian
Nipco outlines growth strategies for Nigeria’s downstream petroleum business    Guardian NIPCO Plc has outlined measures being put in place by the majority shareholders of the newly acquired Mobil Oil Nigeria Plc, to make the deal a game changer ... read more

11 Plc rewards loyal customers, promise to expand scheme

Wed, 04 Jul 2018 07:00:00 GMT — Vanguard
11 Plc rewards loyal customers, promise to expand scheme    Vanguard Customers of 11 plc formerly Mobil oil Nigeria plc, from the Western part of the country who participated in the ongoing “Mobil Peel and Win promo and raffle ... read more

Counterfeit lubricant remains a national challenge – GM 11Plc

Mon, 20 May 2019 07:00:00 GMT — Vanguard
Counterfeit lubricant remains a national challenge – GM 11Plc    Vanguard The General Manager Lubes, 11Plc, Umesh Malik, yesterday maintained that counterfeit lubricant remains the greatest challenge plaguing the industry. read more

Future Growth of Fire Resistant Fluid Market By New Business Developments, Innovations, And Top Companies: Shell, BP PlC, Chevron Corporation, etc

Wed, 03 Jul 2019 09:34:40 GMT — Rise Media
Future Growth of Fire Resistant Fluid Market By New Business Developments, Innovations, And Top Companies: Shell, BP PlC, Chevron Corporation, etc    Rise Media Industrial Growth Forecast Report Fire Resistant Fluid Market 2019-2025: Global Fire Resistant Fluid Market report provides a detailed analysis of worldwide ... read more

How NIPCo acquired 67% equity in Mobil Oil

Mon, 31 Oct 2016 07:00:00 GMT — The Nation Newspaper
How NIPCo acquired 67% equity in Mobil Oil    The Nation Newspaper Ownership of one of Nigeria's blue chip companies, Mobil Oil Nigeria (MON) Plc just changed hands with NIPCo acquiring MON's entire 60 per cent equity ... read more

Company Profiles Top 5 Companies Owned by Exxon Mobil (XOM)

Tue, 13 Oct 2015 07:00:00 GMT — Investopedia
Company Profiles Top 5 Companies Owned by Exxon Mobil (XOM)    Investopedia Exxon Mobil Corporation (NYSE: XOM) is the world's biggest publicly traded oil and gas company, and one of the world's biggest companies in any industry. read more

Exxon Aims for $15-a-Barrel Costs in Giant Permian Operation

Thu, 14 Mar 2019 07:00:00 GMT — Bloomberg
Exxon Aims for $15-a-Barrel Costs in Giant Permian Operation    Bloomberg Exxon Mobil Corp. plans to reduce the cost of pumping oil in the Permian to about $15 a barrel, a level only seen in the giant oil fields of the Middle East. read more

Nigerian Oil Region Crisis Threatens Buhari's Economic Plans

Tue, 12 Mar 2019 07:00:00 GMT — Bloomberg
Nigerian Oil Region Crisis Threatens Buhari's Economic Plans    Bloomberg *Fresh* from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy's addiction to oil: win a ... read more

Who Are the Leading Drivers for Oil & Gas Lubricants Market? Forecast by Size, Share, Growth Segmentation till 2024

Tue, 25 Jun 2019 04:22:00 GMT — Kentucky Reviewer
Who Are the Leading Drivers for Oil & Gas Lubricants Market? Forecast by Size, Share, Growth Segmentation till 2024    Kentucky Reviewer Global Oil & Gas Lubricants Market Outlook: Oil & Gas Lubricants Market report 2019 describes components like market trends, competitive landscape, market ... read more

11 Plc: Out of exceptional item, into exceptional profit

Mon, 02 Jul 2018 07:00:00 GMT — TheCable
11 Plc: Out of exceptional item, into exceptional profit    TheCable 11 Plc, the former Mobil Oil Nigeria, shows an up and down pattern of profit performance and the current year is indicating a big upturn for the company from a ... read more

Nipco raises stake in 11 Plc to 70%

Tue, 29 Aug 2017 07:00:00 GMT — Vanguard
Nipco raises stake in 11 Plc to 70%    Vanguard NIPCO Plc has bought another 3.23 percent stake in II Plc, the fuel retailer formerly known as Mobil Oil Nigeria, for 4.84 billion naira ($16 million) to increase its ... read more

Oil giants flex muscles over Lagos property

Sun, 19 Aug 2018 07:00:00 GMT — Vanguard
Oil giants flex muscles over Lagos property    Vanguard By Mike Ebonugwo. Ascon Oil Company Limited and Mobil Oil Nigeria Plc, now 11 Plc, are at loggerheads over a piece of land in Gbagada, Lagos. read more

Compressor Oil Market 2019 | Strategies of Emerging Companies in Global Markets

Mon, 24 Jun 2019 07:00:00 GMT — Healthcare Sector
Compressor Oil Market 2019 | Strategies of Emerging Companies in Global Markets    Healthcare Sector MarketResearch.Biz disclosed an up-to-date research highlighting the Global Compressor Oil Market 2019. The Market Report provides a professional and ... read more

Mobil Oil increases profit by 67 per cent

Thu, 01 Jun 2017 07:00:00 GMT — Guardian Nigeria
Mobil Oil increases profit by 67 per cent    Guardian Nigeria Mobil Oil Nigeria Plc has recorded a profit after tax of N8.15 billion in 2016, representing a 67 per cent increase from the N4.87 billion earned in 2015. read more

Nigeria: Nipco Group Retail Outlets Hit 500

Wed, 16 Aug 2017 07:00:00 GMT — AllAfrica.com
Nigeria: Nipco Group Retail Outlets Hit 500    AllAfrica.com With the acquisition of erstwhile Mobil Oil Nigeria Plc, the Nipco Group now has over 500 retail outlets in the country, with a strong presence in lubes while its ... read more

11 Plc introduces new product to reduce air pollution in Nigeria

Tue, 17 Apr 2018 07:00:00 GMT — Vanguard
11 Plc introduces new product to reduce air pollution in Nigeria    Vanguard 11 PLC, formerly called Mobil Oil Nigeria plc, has launched its Mobil Pegasus 1005 premium natural gas engine oil, in a bid to address the challenges of gas ... read more

GlobalData: Nigeria to have highest capex on crude and natural gas projects in sub-Saharan Africa over next seven years

Fri, 21 Dec 2018 08:00:00 GMT — Green Car Congress
GlobalData: Nigeria to have highest capex on crude and natural gas projects in sub-Saharan Africa over next seven years    Green Car Congress Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan ... read more

Fuel queues back at filling stations in Lagos

Sat, 13 Apr 2019 07:00:00 GMT — The Nation Newspaper
Fuel queues back at filling stations in Lagos    The Nation Newspaper Many petrol retail outlets in Lagos and Abuja yesterday closed shops while the few that sold had long queues as motorists waited to fill their vehicles. read more

Oando, others push for gender parity in oil, gas sector

Thu, 04 Jul 2019 07:00:00 GMT — The Nation Newspaper
Oando, others push for gender parity in oil, gas sector    The Nation Newspaper The oil and gas sector is central to the nation's economy. Oando, and other speakers at the Women's Energy Council at the just concluded Oil Council: Africa ... read more

Kachikwu denies reports of ExxonMobil’s exit

Fri, 05 Apr 2019 07:00:00 GMT — Guardian
Kachikwu denies reports of ExxonMobil’s exit    Guardian Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has denied knowledge of reports that oil giant, ExxonMobil, “is set to leave Nigeria.” The minister ... read more

Senate approves N129bn subsidy payment for 67 oil marketers

Fri, 31 May 2019 07:00:00 GMT — Daily Trust
Senate approves N129bn subsidy payment for 67 oil marketers    Daily Trust The Senate has approved N129 billion as final subsidy arrears claim to 67 oil marketing companies. This approval brought the total of all three approvals given ... read more

The Nigerian Downstream Oil and Gas Sector Update - In Dire Need of Complete Deregulation

Thu, 28 Feb 2019 08:00:00 GMT — Proshare Nigeria Limited
The Nigerian Downstream Oil and Gas Sector Update - In Dire Need of Complete Deregulation    Proshare Nigeria Limited The Nigerian downstream sector broadly categorised into the refining and marketing segments of petroleum products have continued to underperform despite ... read more

Revealed! How Etiebet’s 2016 letter offers new clues to N2.4bn debt to Access Bank

Mon, 06 May 2019 07:00:00 GMT — The Nigerian Voice
Revealed! How Etiebet’s 2016 letter offers new clues to N2.4bn debt to Access Bank    The Nigerian Voice In a letter dated November 9, 2016 written by former petroleum minister and All Progressive Congress (APC) chieftain, Don Etiebet, in respect of what is turning. read more

$20bn tax claims slam on oil firms may delay major projects - Shell – - Daily Trus

Wed, 27 Feb 2019 08:00:00 GMT — Daily Trust
$20bn tax claims slam on oil firms may delay major projects - Shell – Daily Trust    Daily Trust Royal Dutch Shell said claims that it owes billions in taxes could delay the development of a major oil field off the coast of the West African nation. The federal ... read more

11 Plc Q2 2018 Results Reviews - PAT grew by 126% YoY to N2.7bn

Fri, 27 Jul 2018 10:50:39 GMT — Proshare Nigeria Limited
11 Plc Q2 2018 Results Reviews - PAT grew by 126% YoY to N2.7bn    Proshare Nigeria Limited Upward adjustment to consensus estimates expected following better-than-expected results. Compared with our estimates, while sales were in line with our ... read more

NIPCO bags awards on acquisition of ExxonMobil

Wed, 28 Feb 2018 08:00:00 GMT — Guardian Nigeria
NIPCO bags awards on acquisition of ExxonMobil    Guardian Nigeria NIPCO Plc has bagged an Oil and Gas industry award for its unprecedented acquisition of ExxonMobil stake in Mobil Oil Nigeria (MON) Plc. The award, which ... read more

Full list of 132 firms jostling to lift Nigeria's oil in 2019/2020

Fri, 03 May 2019 07:00:00 GMT — Premium Times
Full list of 132 firms jostling to lift Nigeria's oil in 2019/2020    Premium Times A total of 132 oil and gas marketing companies on Thursday submitted bids to lift Nigeria's crude oil. The firms include local, regional and international oil ... read more

Downstream oil sector in need of complete deregulation ― Analysts

Sun, 03 Mar 2019 08:00:00 GMT — The Punch
Downstream oil sector in need of complete deregulation ― Analysts    The Punch Feyisayo Popoola Analysts at Afrinvest Securities Limited have said the nation's downstream oil sector is in dire need of complete deregulation. ... read more

Heavy Equipment Lubricants: Worldwide Market Growth, Trends and Forecasts (2019-2024) - ResearchAndMarkets.com

Mon, 01 Jul 2019 08:38:00 GMT — Benzinga
Heavy Equipment Lubricants: Worldwide Market Growth, Trends and Forecasts (2019-2024) - ResearchAndMarkets.com    Benzinga The "Heavy Equipment Lubricants Market - Growth, Trends, and Forecast (2019-2024)" report has been added to ResearchAndMarkets.com's offering. read more

Oil Giant Total SA Goes Further in Liquefied Natural Gas With $8.8 Billion Deal in Africa

Sat, 11 May 2019 07:00:00 GMT — The Wall Street Journal
Oil Giant Total SA Goes Further in Liquefied Natural Gas With $8.8 Billion Deal in Africa    The Wall Street Journal Total SA's deal to buy Anadarko Petroleum Corp. assets in Africa pushes its business deeper into dangerous regions while cementing its position as the world's ... read more

Exxon Exploration Chief Eyes Africa for Elephant Oil Find

Thu, 18 Oct 2018 07:00:00 GMT — Bloomberg
Exxon Exploration Chief Eyes Africa for Elephant Oil Find    Bloomberg Exxon Mobil Corp. is targeting western and southern Africa for the world's next big oil bonanza as the explorer scours the globe to repeat its success in Guyana. read more

Oando to raise fresh capital, cut debt – CEO

Thu, 04 Apr 2019 07:00:00 GMT — The Punch
Oando to raise fresh capital, cut debt – CEO    The Punch 'Femi Asu with agency report Oando Plc, an indigenous energy group, aims to raise *fresh* capital over the next two years and repay debt used to acq... read more

Why we acquired 60% equity in Mobil - NIPCO Chairman

Tue, 27 Dec 2016 08:00:00 GMT — Vanguard
Why we acquired 60% equity in Mobil - NIPCO Chairman    Vanguard By Sebastine Obasi. IN a response to observers on the motive behind the acquisition of ExxonMobil's 60 percent equity in Mobil Oil Nigeria, MON, Plc , Bestman ... read more

Nigeria Automotive Lubricants Market, 2018-2023 by Vehicle Type, Lubricant Type, Base Oil & Demand

Thu, 30 Aug 2018 07:00:00 GMT — PR Newswire
Nigeria Automotive Lubricants Market, 2018-2023 by Vehicle Type, Lubricant Type, Base Oil & Demand    PR Newswire DUBLIN, Aug 30, 2018 /PRNewswire/ -- The "Nigeria Automotive Lubricants Market By Vehicle Type (Passenger Car, Two-Wheeler, LCV, M&HCV & Tractors), ... read more

Global Liquid Paraffin Market 2019 – Apar Industries Ltd., Calumet Specialty Products Partners, LP (Penreco)

Fri, 12 Jul 2019 11:32:07 GMT — Global Market News Wire
Global Liquid Paraffin Market 2019 – Apar Industries Ltd., Calumet Specialty Products Partners, LP (Penreco)    Global Market News Wire A new research study from Global Liquid Paraffin Market Report, provides an in-depth assessment of the Liquid Paraffin including key market trends, upcoming ... read more

FT: Oil majors gear up for wave of climate change liability lawsuits

Sun, 09 Jun 2019 07:00:00 GMT — Royal Dutch Shell plc .com
FT: Oil majors gear up for wave of climate change liability lawsuits    Royal Dutch Shell plc .com Leslie Hook, environment and clean energy correspondent. Taken together, these lawsuits amount to a legal onslaught that climate activists hope will have a ... read more

Global Aliphatic Hydrocarbon Solvents and Thinners Market Growth Drivers, Restraining Factors, and Opportunities

Tue, 16 Jul 2019 16:41:56 GMT — Automotive Industry
Global Aliphatic Hydrocarbon Solvents and Thinners Market Growth Drivers, Restraining Factors, and Opportunities    Automotive Industry This latest report provides a deep insight into the Global Aliphatic Hydrocarbon Solvents and Thinners Market covering all its essential aspects. This ranges from ... read more

Jet Fuel Market Key Players, Regions, Regional Outlook, Analysis, Growth Forecast Analysis by Manufacturers, Type and Application to 2023

Wed, 26 Jun 2019 07:00:00 GMT — PortNews24
Jet Fuel Market Key Players, Regions, Regional Outlook, Analysis, Growth Forecast Analysis by Manufacturers, Type and Application to 2023    PortNews24 Jet Fuel Market ,The jet fuel is a type of aviation fuel and one of the major petroleum products produced from processing crude oil in a petroleum refinery. The jet ... read more

How Tillerson's Exxon Designed an Oil Deal to Skirt Anticorruption Scrutiny

Fri, 30 Mar 2018 07:00:00 GMT — The Wall Street Journal
How Tillerson's Exxon Designed an Oil Deal to Skirt Anticorruption Scrutiny    The Wall Street Journal Negotiators for Exxon Mobil Corp. XOM 0.20% gathered in a London hotel room faced a problem. The government of Liberia suspected that oil rights the energy ... read more

ExxonMobil Plans Big 2020 Capex Boost Mar 06, 2019 Exxon Mobil Corp plans to boost capital

Wed, 06 Mar 2019 08:00:00 GMT — OE Digital
ExxonMobil Plans Big 2020 Capex Boost Mar 06, 2019 Exxon Mobil Corp plans to boost capital    OE Digital Exxon Mobil Corp plans to boost capital spending for several years, CEO Darren Woods said on Wednesday, and the largest U… read more

ExxonMobil target Africa for next big 'oil bonanza' - News for the Oil and Gas Sector

Fri, 19 Oct 2018 07:00:00 GMT — Energy Voice
ExxonMobil target Africa for next big 'oil bonanza' - News for the Oil and Gas Sector    Energy Voice ExxonMobil Corp. is targeting western and southern Africa for the world's next big oil bonanza as the explorer scours the globe to repeat its success in Guyana. read more

Nipco offers $16m to take over Mobil

Thu, 22 Jun 2017 07:00:00 GMT — TheCable
Nipco offers $16m to take over Mobil    TheCable Nipco Plc is offering $16 million to increase its shares in Mobil Oil to 70 percent and comply with takeover rules in Nigeria. Nipco's investment subsidiary bought ... read more

Oil Refining Market 2019: Industry Trends, Size, Growth Insight, Share, Competitive Analysis, Statistics, Regional, And Global Industry Forecast To 2024

Wed, 03 Jul 2019 08:34:39 GMT — TheWindReports
Oil Refining Market 2019: Industry Trends, Size, Growth Insight, Share, Competitive Analysis, Statistics, Regional, And Global Industry Forecast To 2024    TheWindReports Oil Refining Market report provides a basic overview of the Oil Refining industry including definitions, classifications, applications, and. Also industry chain ... read more

Nigerian Senate to Probe $3.5 Billion Spent by State Oil Firm

Tue, 16 Oct 2018 07:00:00 GMT — Rigzone
Nigerian Senate to Probe $3.5 Billion Spent by State Oil Firm    Rigzone Lawmakers in Nigeria will investigate $3.5 billion allegedly spent by the state oil firm on gasoline subsidies and expressed concern that the sum was not i... read more

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Thu, 20 Dec 2018 08:00:00 GMT — OilVoice
Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData    OilVoice Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan ... read more

Shell on Prowl for Permian Deals as Majors Make Shale Play

Mon, 11 Mar 2019 07:00:00 GMT — Bloomberg
Shell on Prowl for Permian Deals as Majors Make Shale Play    Bloomberg Royal Dutch Shell Plc is on the hunt for deals to bulk up its position in the Permian Basin, where it lags rivals Exxon Mobil Corp. and Chevron Corp. read more

Long fuel queues amid IMF’s call for subsidy removal

Mon, 15 Apr 2019 07:00:00 GMT — The Nation Newspaper
Long fuel queues amid IMF’s call for subsidy removal    The Nation Newspaper Long queues have resurfaced at filling stations raising fears of fuel scarcity. The Nigerian National Petroleum Corporation (NNPC) read more

CAGR Of 2.10% | Global Isooctane Market Forecast 2019-2028

Thu, 18 Jul 2019 06:52:00 GMT — The Smart CMS
CAGR Of 2.10% | Global Isooctane Market Forecast 2019-2028    The Smart CMS MarketResearch.Biz adds Global Isooctane Market by Key Players, Regions, Type and Application, Forecast to 2019-2028 new report to its research database. read more

IOCs, others shut 101 oilfields – DPR

Thu, 01 Nov 2018 07:00:00 GMT — The Punch
IOCs, others shut 101 oilfields – DPR    The Punch 'Femi Asu International oil companies operating in the country and other producers left a total of 101 oilfields idle as of December 2017 as a res... read more