Mobil Archives - Ibe Kachikwu

Tag: Mobil

Author | Legal Icon | Energy Expert

10th October 2020

Angola Signs Three Agreements with ExxonMobil for the Exploration of the Namibe Basin

The Angolan National Oil, Gas and Biofuels Agency (ANPG) has signed three Risk Service Agreements with ExxonMobil and Sonangol intending to increase the exploration area in the offshore area, Angola. The...

17th August 2020

Chevron, Shell, BP, Total and Exxon Mobil Slash Production, Assets by $50 billion

The five largest oil production companies in the world collectively cut their asset value by almost $50 billion in the second quarter of 2020. They also slashed production rates due...

1st August 2020

ExxonMobil Faces the Worst Loss in its History

Exxon Mobil posted its worst loss in history in the aftermath of the effects of the COVID-19 pandemic which has caused a brutal loss to the oil giant's business and...