The drop in global crude oil costs has led to cuts in depot prices as OPEC+ increased production output. Nigerians expect ...

ExxonMobil Corp. signed an MoU with the National Oil Corp. of Libya to conduct a detailed technical study of four offshore blocks near the northwest coast and Sirte basin.

Under the newly signed MoU, ExxonMobil and NOC will collaborate on detailed geological and geophysical studies aimed at identifying hydrocarbon resources across four offshore blocks off Libya’s ...