ExxonMobil reduction of Nigerian operations raises job losses’ fears

23 October 2016, Lagos – The divestment by United States-based ExxonMobil of its 60 per cent stake in Mobil Oil Nigeria Plc has triggered fears of job losses. On Wednesday, Nipco Plc, an indigenous downstream oil and gas company, announced the acquisition of the equity from ExxonMobil, saying it had agreed with the execution of a […] More »