Tag: Exxon

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Chad approves bill to nationalise assets ExxonMobil sold to Savannah Energy

Chad's parliament on Wednesday approved a bill to nationalise oil assets and rights acquired last year by Savannah Energy (SAVES.L) from ExxonMobil's (XOM.N) affiliate, Esso Exploration and Production...

Exxon considers selling stake in LNG terminal offshore Italy

Exxon Mobil Corp (XOM.N) is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from noncore assets,...

US agency sues Exxon for discrimination after nooses found at plant

Exxon Mobil Corp (XOM.N) was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the oil major failed to protect...

Exxon warns of Russia risks to its $2.5 billion Kazakhstan income

Exxon Mobil Corp (XOM.N) on Wednesday warned in a securities filing of potential risks to its Kazakhstan oil operations, which provided $2.5 billion in...

Guyana kicks off oil conference as Exxon mulls adding more blocks

As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest...

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Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

Ghana fails to reach debt deal with international bondholders

Ghana has failed to strike a deal with two...

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