Shell, ExxonMobil, others set to divest from oil blocks in Nigeria

The Nigerian government on Friday said four International Oil Companies (IOCs) will divest from a total of 26 oil blocks in the country. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive, Gbenga Komolafe, said the proposed oil blocks belong to Nigerian Agip Oil Company, ExxonMobil (Mobil Producing Nigeria Unlimited), EQUINOR and Shell (Shell Petroleum … Read more