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Contact information
Address

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

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info(at)ctb-ng.com

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+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
13,434
Value
1,911,766.00

Exxon, Shell cannot revive $1.8 bln Nigerian arbitration award -U.S. judge

Wed, 04 Sep 2019 07:00:00 GMT — Reuters
Exxon, Shell cannot revive $1.8 bln Nigerian arbitration award -U.S. judge    Reuters Nigeria escapes another $1.8bn fine in oil deal in US    Legit.ng Exxon, Shell cannot revive $1.8 bln Nigerian arbitration award    Nasdaq Shell, Exxon Units Can't Get $2.7B Nigeria Award Enforced    Law360 View full coverage on Google News read more

Nigeria can “easily” boost oil output next year, Kyari says

Fri, 30 Aug 2019 07:00:00 GMT — WorldOil
Nigeria can “easily” boost oil output next year, Kyari says    WorldOil Nigeria can easily boost its oil production next year to at least 2.5 MMbpd, according to the newly appointed head of the state oil company. 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

Insurance sector may lose 72% of Dangote refinery's risk

Mon, 19 Aug 2019 07:00:00 GMT — Guardian Nigeria
Insurance sector may lose 72% of Dangote refinery's risk    Guardian Nigeria The nation's insurance industry may lose 72 per cent of the insurance business in the Dangote Oil Refining company. read more

Nigeria plans to boost oil output in 2020

Fri, 30 Aug 2019 07:00:00 GMT — cgtn.com
Nigeria plans to boost oil output in 2020    cgtn.com Nigeria can easily boost its oil production next year to at least 2.5 million barrels a day, according to the newly appointed head of the state oil company. read more

Forte Oil plans to delist from NSE, reverses takeover offer

Mon, 02 Sep 2019 07:00:00 GMT — Vanguard
Forte Oil plans to delist from NSE, reverses takeover offer    Vanguard THERE are indications that Forte Oil Plc is planning to delist its shares from the Nigerian Stock Exchange, NSE, following the proposed takeover offer by Ignite ... read more

Oil Downstream Activities Market Estimated to Record Highest CAGR by 2022 – Royal Dutch Shell, Exxon Mobil Corporation, China Petroleum & Chemical Corporation, BP Plc, Chevron

Wed, 11 Sep 2019 10:09:11 GMT — Market Mirror
Oil Downstream Activities Market Estimated to Record Highest CAGR by 2022 – Royal Dutch Shell, Exxon Mobil Corporation, China Petroleum & Chemical Corporation, BP Plc, Chevron    Market Mirror Oil Downstream Activities Market Estimated to Record Highest CAGR by 2022 – Royal Dutch Shell, Exxon Mobil Corporation, China Petroleum & Chemical ... 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

Global Specialties of Lube Oil Refinery Market 2019 Major Manufacturers, Technology Trends, Functional Survey 2025

Sat, 14 Sep 2019 08:35:42 GMT — Mach Tribune
Global Specialties of Lube Oil Refinery Market 2019 Major Manufacturers, Technology Trends, Functional Survey 2025    Mach Tribune Global Specialties of Lube Oil Refinery Market provides a sorted image of the Specialties of Lube Oil Refinery industry by analysis of study and data collected ... 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

Transmission Fluids Market Size and Growth Factors Research and Projection 2024: BASF SE, Chevron Corporation, Exxon Mobil Corporation, etc.

Tue, 10 Sep 2019 12:09:46 GMT — Financial Newspaper
Transmission Fluids Market Size and Growth Factors Research and Projection 2024: BASF SE, Chevron Corporation, Exxon Mobil Corporation, etc.    Financial Newspaper Global Transmission Fluids Market : Overview. Global Transmission Fluids Market report offers the latest industry trends, technological innovations and forecast ... read more

Kyari plans to boost Nigeria's oil output in 2020

Mon, 02 Sep 2019 07:00:00 GMT — The Nigerian Voice
Kyari plans to boost Nigeria's oil output in 2020    The Nigerian Voice Nigeria can easily boost its oil production next year to at least 2.5 million barrels a day, according to the Group Mnaging Director of the Nigerian National Pe. 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

Major oil marketers speak on scarcity of aviation fuel

Thu, 05 Sep 2019 14:11:03 GMT — Daily Post Nigeria
Major oil marketers speak on scarcity of aviation fuel    Daily Post Nigeria The Major Oil Marketers Association of Nigeria (MOMAN) has urged airlines and air travellers not to panic over aviation fuel scarcity, as members have enou. read more

Mobil Oil Nigeria Plc - Another IOC Exits Downstream

Mon, 10 Apr 2017 07:00:00 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

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

UK Stocks-Factors to watch on Sept 5

Thu, 05 Sep 2019 05:17:00 GMT — Nasdaq
UK Stocks-Factors to watch on Sept 5    Nasdaq Sept 5- Britain's FTSE 100. FTSE index is seen opening 26 points higher at 7337 on Thursday, according to financial bookmakers. *BREXIT: The British. read more

Global Automotive Antifreeze Liquids Market Strategic Insights 2019 – Castrol Limited, TOTAL SA, Exxon Mobil Corporation

Wed, 11 Sep 2019 07:38:00 GMT — ScoopJunction
Global Automotive Antifreeze Liquids Market Strategic Insights 2019 – Castrol Limited, TOTAL SA, Exxon Mobil Corporation    ScoopJunction The report Global Automotive Antifreeze Liquids Market offers a quantitative analysis of the Automotive Antifreeze Liquids market that employs methodical ... 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

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

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 TheCable | Nigeria's independent online newspaper. 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

Nigeria Oil and Gas Upstream Market-Growth, Trends, and Forecast (2019-2024)

Tue, 03 Sep 2019 08:45:31 GMT — Market Reports
Nigeria Oil and Gas Upstream Market-Growth, Trends, and Forecast (2019-2024)    Market Reports Description. Access the PDF sample of the report @ https://www.orbisresearch.com/contacts/request-sample/3617392. Market Overview. Investment in the ... 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

Nigerian market deserves high quality lubricants, says 11 Plc

Wed, 19 Sep 2018 07:00:00 GMT — Guardian
Nigerian market deserves high quality lubricants, says 11 Plc    Guardian The management of 11Plc (formerly Mobil Oil Nigeria Plc), has reiterated that the Nigerian market deserves high quality lubricants given the potential of the ... 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

African Automotive Lubricants Market Report, 2019-2029 with Profiles on 18 Key Players - ResearchAndMarkets.com

Tue, 10 Sep 2019 09:44:00 GMT — Business Wire
African Automotive Lubricants Market Report, 2019-2029 with Profiles on 18 Key Players - ResearchAndMarkets.com    Business Wire DUBLIN--(BUSINESS WIRE)--The "The African Automotive Lubricants Market Report 2019" report has been added to ResearchAndMarkets.com's offering. read more

Exxon Mobil's second-quarter results expected to sag, spotlighting need for asset sales

Tue, 30 Jul 2019 07:00:00 GMT — Reuters
Exxon Mobil's second-quarter results expected to sag, spotlighting need for asset sales    Reuters Exxon Mobil Corp's plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns and major projects, is getting off to a slow ... 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

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

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

Nigeria Lubricants Market Outlook to 2022: Increasing Demand for Synthetic Lubricants

Thu, 18 Apr 2019 07:00:00 GMT — PRNewswire
Nigeria Lubricants Market Outlook to 2022: Increasing Demand for Synthetic Lubricants    PRNewswire DUBLIN, April 18, 2019 /PRNewswire/ -- The "Nigeria Lubricants Market Outlook to 2022- By Type of Lubricant (Engine Oil, Industrial Oil, Transmission Oil, ... 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

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

Nigerian Insurers May Lose 72% of Dangote Refinery's Risk, Others

Mon, 05 Aug 2019 07:00:00 GMT — AllAfrica.com
Nigerian Insurers May Lose 72% of Dangote Refinery's Risk, Others    AllAfrica.com Nigerian insurance firms may lose 72 per cent of the insurance business in the Dangote Oil Refining Company whose insured value has been put at $6.8billion ... 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

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

Grease Market Size 2019 – Trends, Analysis Covers Leading Manufacturers, Top Regions, and Forecast to 2024

Wed, 11 Sep 2019 21:32:00 GMT — Denton Observer
Grease Market Size 2019 – Trends, Analysis Covers Leading Manufacturers, Top Regions, and Forecast to 2024    Denton Observer “Grease Market” 2019-2024 report provides vital data associated to the complete market shares, growth rate, revenue, challenges, opportunities prediction over ... 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

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’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

Global Drilling and Completion Fluids Market Competitive Landscape Analysis with Forecast by 2025

Fri, 13 Sep 2019 11:16:00 GMT — NewsStoner
Global Drilling and Completion Fluids Market Competitive Landscape Analysis with Forecast by 2025    NewsStoner Global Drilling and Completion Fluids Market: Snapshot. In geotechnical engineering, drilling and completion fluids are used to aid the drilling of boreholes into ... read more

Honour for humanitarians at FUOYE

Thu, 05 Sep 2019 07:00:00 GMT — The Nation Newspaper
Honour for humanitarians at FUOYE    The Nation Newspaper An educationist, a Muslim cleric and a Catholic bishop were the three recipients of honorary doctorate degrees during the second convocation of the Federal ... 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

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

Nigeria plans to double crude oil production, triple refining in bid for self-reliance

Thu, 25 Apr 2019 07:00:00 GMT — WorldOil
Nigeria plans to double crude oil production, triple refining in bid for self-reliance    WorldOil ABUJA (Bloomberg) -- Nigeria plans to almost double oil production and triple its refining capacity by 2025, reviving previous pledges for the country's oil ... 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

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

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

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

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

Mon, 15 Jul 2019 07:00:00 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

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

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

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

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

Gamco Investors Et Al Upped Its Minerals Technologies (MTX) Holding by $551,000; Exxon Mobil (XOM) Holding Maintained by Destination Wealth Management

Mon, 02 Sep 2019 07:00:00 GMT — CryptoCoinsTribune
Gamco Investors Et Al Upped Its Minerals Technologies (MTX) Holding by $551,000; Exxon Mobil (XOM) Holding Maintained by Destination Wealth Management    CryptoCoinsTribune Gamco Investors Inc Et Al increased its stake in Minerals Technologies Inc (MTX) by 5.08% based on its latest 2019Q1 regulatory filing with the SEC. Gamco ... read more

Capital Investment Counsel Trimmed Its Exxon Mobil (XOM) Stake by $383,840 as Share Value Declined; Fmr Lowered Holding in Hyster Yale Matls Handling I (HY) by $594,456 as Stock Rose

Fri, 06 Sep 2019 12:20:12 GMT — CryptoCoinsTribune
Capital Investment Counsel Trimmed Its Exxon Mobil (XOM) Stake by $383,840 as Share Value Declined; Fmr Lowered Holding in Hyster Yale Matls Handling I (HY) by $594,456 as Stock Rose    CryptoCoinsTribune Capital Investment Counsel Inc decreased its stake in Exxon Mobil Corp (XOM) by 3.84% based on its latest 2019Q1 regulatory filing with the SEC. Capital Fmr ... 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

Growth Rate of Refrigeration Oil Market with Raw Material Providers and Price Structure By 2028

Sun, 01 Sep 2019 07:00:00 GMT — Trade Examiner
Growth Rate of Refrigeration Oil Market with Raw Material Providers and Price Structure By 2028    Trade Examiner The research report insight “Worldwide Refrigeration Oil Market industry report” offers the crucial estimation of the market. Our Refrigeration Oil endeavor expert ... 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

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

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

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

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

11 Plc: Out of exceptional item, into exceptional profit

Sun, 15 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

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

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

Global Enhanced Oil Recovery Market to Exhibit Impressive Growth during 2019-2029 The Halliburton Company, Schlumberger Limited, Baker Hughes Inc.

Fri, 23 Aug 2019 22:04:19 GMT — Industry Observer
Global Enhanced Oil Recovery Market to Exhibit Impressive Growth during 2019-2029 The Halliburton Company, Schlumberger Limited, Baker Hughes Inc.    Industry Observer Global Enhanced Oil Recovery Market delivers a detailed study with present and upcoming Opportunities to clarify future investment in the market. 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

UPDATE 6-Oil protesters disrupt Texas energy port ahead of U.S. presidential debate

Fri, 13 Sep 2019 01:14:00 GMT — Devdiscourse
UPDATE 6-Oil protesters disrupt Texas energy port ahead of U.S. presidential debate    Devdiscourse The U.S. Coast Guard on Thursday closed part of the Houston Ship Channel to vessel traffic near Baytown, Texas, after 22 Greenpeace USA protesters ... read more

Nigerian oil region crisis threatens Buhari's economic plans

Wed, 13 Mar 2019 07:00:00 GMT — WorldOil
Nigerian oil region crisis threatens Buhari's economic plans    WorldOil *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

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. 's assets in Africa cements the French oil major's position as the world's second-largest provider of liquefied ... 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

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

ExxonMobil to streamline upstream organization

Thu, 31 Jan 2019 08:00:00 GMT — Oil & Gas Journal
ExxonMobil to streamline upstream organization    Oil & Gas Journal ExxonMobil Corp. will streamline its upstream organization and centralize project delivery across the company to support its plans to double operating cash flow ... read more

11 Plc rewards customers, promises continuity

Wed, 11 Jul 2018 07:00:00 GMT — Guardian Nigeria
11 Plc rewards customers, promises continuity    Guardian Nigeria As part of its efforts to give back to society, 11 Plc, formerly Mobil Oil Nigeria Plc has rewarded its loyal customers with items ranging from engineering tools, gas ... read more

ExxonMobil reports 1Q earnings of $2.4 billion

Fri, 26 Apr 2019 07:00:00 GMT — Oil & Gas Journal
ExxonMobil reports 1Q earnings of $2.4 billion    Oil & Gas Journal Exxon Mobil Corp. reported estimated first-quarter earnings of $2.4 billion, down from $4.7 billion a year earlier. 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' tanks and ... 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 Mrs Enenmoh had, in an earlier petition to the Economic and Financial Crimes Commission, EFCC, dated June 27, 2018, asserted that Mobil's continuous ... 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

$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

Mobil Producing Nigeria lets contract for uplift pipeline projects

Wed, 11 Apr 2018 07:00:00 GMT — Oil & Gas Journal
Mobil Producing Nigeria lets contract for uplift pipeline projects    Oil & Gas Journal Mobil Producing Nigeria Unlimited let a contract to Subsea 7 for production uplift pipeline projects in shallow water offshore Nigeria. 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

Banking, industrial goods stocks lead market gains

Mon, 28 Jan 2019 08:00:00 GMT — The Punch
Banking, industrial goods stocks lead market gains    The Punch Feyisayo Popoola The nation's stock market gained N156bn in four straight days as banking and industrial goods equities listed on the Nigerian St... 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

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

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

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

Rowan Relentless Gets Extension from Exxon Mobil Feb 14, 2019 Global offshore contract driller Rowan Companies

Thu, 14 Feb 2019 08:00:00 GMT — OE Digital
Rowan Relentless Gets Extension from Exxon Mobil Feb 14, 2019 Global offshore contract driller Rowan Companies    OE Digital Global offshore contract driller Rowan Companies announced that ExxonMobil has exercised the third of four options for the Rowan Relentless… 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

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

Largest oil and gas companies: Ranking the top 10

Tue, 19 Mar 2019 07:00:00 GMT — Offshore Technology
Largest oil and gas companies: Ranking the top 10    Offshore Technology Sinopec continued to lead the world's biggest oil and gas companies in 2018, enjoying a double-digit revenue growth when compared to 2017. The majority of ... 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

Chevron, BP to Argue Climate Change Appeals Before Same Panel

Thu, 18 Jul 2019 07:00:00 GMT — Bloomberg Big Law Business
Chevron, BP to Argue Climate Change Appeals Before Same Panel    Bloomberg Big Law Business Chevron Corp. , BP PLC , and other fossil fuel companies will get a chance to argue before a single panel of Ninth Circuit judges that several climate change ... 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

Nigerian insurers cede over $46.2bn risks abroad

Tue, 06 Aug 2019 07:00:00 GMT — Vanguard
Nigerian insurers cede over $46.2bn risks abroad    Vanguard Nigeria News - Nigerian insurance companies ceded over $46.2 billion to international insurance companies out of a total sum insured of $146.2 billion... 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

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 The big driller was excited about offshore prospects in west Africa but worried about “issues regarding U.S. anticorruption laws.” read more