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Reactions As Exxonmobil Prepares To Leave Nigeria - Business (3) - Nairaland

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ExxonMobil Nigeria Renews OMLs Leases For A 20–Year Period / Shoprite To Leave Nigeria After 15 Years - News24 / Oil Prices Soar As OPEC+ Prepares To Cut Supplies (2) (3) (4)

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Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Kidakute1(m): 5:36pm On Apr 03, 2019
On my way already. This country has tire me abeg see you all in Canada

2 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by madridsta007(m): 5:36pm On Apr 03, 2019
Cletus77:
We need more of these to convince BMC that APC and Buhari is a total failure

You think they don't know? They do. All of them. Including the BMC's with official positions like Tolu.
However, I don't really blame them if one looks at the picture holistically. The Buhari's regime is implementing a classic program of fascist socialism, where the State uses poverty to subdue its citizens and the security services to oppressive the stubborn ones in order to intimidate the rest into silence.

And it has worked, of courses enabled by the twin postcolonial and seminal divisions of tribe, ethnicity and religion. Nigeria is a country that stands as on a tripod of the Hausa/Fulani, Igbo and Yoruba nation-states. To rule, you just need the backing of at least the political class from two of these tripod. Buhari has the backing he needs from the North and Tinubu-led political elites of the South West. That is enough to rule in Nigeria.

The BMCs are also victims of the sorry state of Nigeria's affairs. However, they survive based on the penury they get from Buhari. So they know. But survival, for them and as expected, is first. So they ignore.

6 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Topmaike007(m): 5:37pm On Apr 03, 2019
DEBUCHMANNY:
that's the dividend of lies. anyway I love the patriotic spirit of Americans. I hate to be a Nigerian
even as you're are Nigerian which benefit are you to we Nigerian wink
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by zynzyn(m): 5:38pm On Apr 03, 2019
ikorodureporta:
Nigerians have taken to social media to react to reports of plans by American oil giant, Exxon Mobil to divest its assets in Nigeria.

According to Reuters, quoting industry and banking sources, the company has held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana.

The report said that the potential disposals are expected to include stakes in onshore and offshore fields and could raise up to $3 billion.

However, some commentators blamed the harsh economic realities in Nigeria for the company’s alleged plans to leave the country.

Source: https://www.herald.ng/nigerians-react-as-exxon-mobil-prepares-to-leave-nigeria/


Ehen?? tongue

They aff suck us dry!!!

Time to move on to the next one, on to the next one!! cool

1 Like

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by contigiency(m): 5:38pm On Apr 03, 2019
Optimist88:
You're senseless! The untap oil in Nigeria's basins is still more than the tapped!

Can we have your feasibility study on the locations of the oil?

1 Like

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by SarkinYarki: 5:39pm On Apr 03, 2019
GavelSlam:
You are all daft.

Oil is at its end.

Alternative energy and shale oil makes this whole enterprise less rewarding.

The rainy days we spoke about yet you wouldn't listen.
But they are increasing their investments in Qatar . Is GSKs exit also about shale ? is Nestle leaving because of shale and renewable energy ? Accept Buhari has failed and now apart from being an economic failure he is also known as a shameless electoral thief who has been conducting election for not than 2 months all in a bid to rig and steal the vote of the people . Even Jonathan we called clueless delivered a far better electoral experience

11 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by BornnAgainChild(f): 5:39pm On Apr 03, 2019
Optimist88:
I'm leaving too


ziegobe allah yakemu grin
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by emkz: 5:39pm On Apr 03, 2019
I always wondered what would happen when Nigeria's oil dries up. Yes, all these companies woule leave.

I hope the NNPC would truly become competitive like Petrobras or Saudi Aramco and set up a company to be engaged in petroleum exploration and production. A situation where these IOCs produce and the NNPC does nothing but receive money is an anomaly which does not happen anywhere in the world. Nigeria needs to take over and manage Nigeria's assets.

5 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Optimist88(m): 5:40pm On Apr 03, 2019
contigiency:


Can we have your visibility study on the locations of the oil?
Request by who?
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by naijajobx: 5:40pm On Apr 03, 2019
Why everyone.always leave and.only the thieves politicians remains

3 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by texazzpete(m): 5:40pm On Apr 03, 2019
Exxon isn’t leaving Nigeria.
Poorly educated bloggers are a big problem in Nigeria

2 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Nobody: 5:40pm On Apr 03, 2019
MasterRahl:
angry
You know one funny thing about Nigeria? It always happens like this. Storms will blow, the whole place will be noisy and it will look like all is gonna fall apart, but one week from now, we will all laugh it off and move on and it'll look like nothing happened. grin

The way Nigerians quickly adapt to situation eh...even if the whole world is nuked, I assure you 80% of Nigerian will survive & pretend it never happened

6 Likes 1 Share

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by TripleH911: 5:41pm On Apr 03, 2019
I Love you Mr President. `haters we`ll soon comprehend you sir. God bless Nigeria.

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Truthbites: 5:41pm On Apr 03, 2019
Next level.una wen vote buhari go suffer
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by udemzyudex(m): 5:42pm On Apr 03, 2019
Cletus77:
We need more of these to convince BMC that APC and Buhari is a total failure

It will affect us all.

1 Like

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Optimist88(m): 5:42pm On Apr 03, 2019
BornnAgainChild:


ziegobe allah yakemu grin
You say wetin?
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Nobody: 5:43pm On Apr 03, 2019
Next level thing. By the time Buhari and his team spend 4 years in power,I hope and pray there would still be Nigeria. Wilbros has left, solgas has left, michelin has left, dunlop has left, PZ has left, Nestle has left and now, Mobil is leaving. These ate the great multinationals. Buhari may not he the one responsible for those who had left in the past but the situation got worse in his time. He couldn't manage it at all. Obasanjo warned Buhari of his refusal to renew oil licences. Now the realities are staring us in the face. Make we dey drink our oyel now. Nonsense. I wonder what the Buhari economic team members are made up of.
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by jconsulting(f): 5:43pm On Apr 03, 2019
Is not about bad administration, the person figured as head is cursed Buhari is cursed but I hope is not too late to realized that

1 Like

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Nobody: 5:43pm On Apr 03, 2019
Kidakute1:
On my way already. This country has tire me abeg see you all in Canada
greet them for me in Manitoba. I'm visiting in September. There's what yoruba would call obe( soup) in Nigeria. I'm not relocating anywhere

1 Like

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Nobody: 5:43pm On Apr 03, 2019
Kingspin:
You are myopic.


And u hypermyomic?
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Awoo88: 5:44pm On Apr 03, 2019
ednut1:
Before you blame Buhari kindly note that the future is not oil
Maybe we should blame Jonathan?! People wen thiwr brain dey lick
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Xander85: 5:44pm On Apr 03, 2019
contigiency:


Can we have your visibility study on the locations of the oil?

Feasibility!

1 Like 1 Share

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by nobone(f): 5:45pm On Apr 03, 2019
feasibility study
contigiency:


Can we have your visibility study on the locations of the oil?

1 Like 1 Share

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by GavelSlam: 5:45pm On Apr 03, 2019
Optimist88:
You're senseless! The untap oil in Nigeria's basins is still more than the tapped!

You want to show yourself abi?

I'm saying there's is a steady commitment away from oil, and you are here telling me about untapped oil.

Combustion engine vehicles (Diesel and petrol) are being phased out in Europe.

Many homes are beginning to install solar panels.

Wind energy is being used to power many homes and industries.

Abi you dey see coal trains again?

Just as coal is in less demand so is oil being phased out.

In addition, there are many places with Shale (the source rock for petroleum) which can now be extracted making far-flung countries such as Nigeria less attractive even in the short to medium term.

To think you even got.likes tells me the average Nigrian is highly unimformed.

2 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by jaxxy(m): 5:46pm On Apr 03, 2019
This shud be a concern.
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by semyman: 5:48pm On Apr 03, 2019
Who dey elp?
Re: Reactions As Exxonmobil Prepares To Leave Nigeria by bigtt76(f): 5:48pm On Apr 03, 2019
Even Nigerians are leaving naaaa cheesy cheesy cheesy cheesy



ikorodureporta:
Nigerians have taken to social media to react to reports of plans by American oil giant, Exxon Mobil to divest its assets in Nigeria.

According to Reuters, quoting industry and banking sources, the company has held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana.

The report said that the potential disposals are expected to include stakes in onshore and offshore fields and could raise up to $3 billion.

However, some commentators blamed the harsh economic realities in Nigeria for the company’s alleged plans to leave the country.

Source: https://www.herald.ng/nigerians-react-as-exxon-mobil-prepares-to-leave-nigeria/

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by martineverest(m): 5:48pm On Apr 03, 2019
ednut1:
Before you blame Buhari kindly note that the future is not oil
the only sensible comment here

3 Likes

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Treasure17(m): 5:50pm On Apr 03, 2019
I'm tired of negative news today abeg.

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by GavelSlam: 5:50pm On Apr 03, 2019
fairfora:
Next level thing. By the time Buhari and his team spend 4 years in power,I hope and pray there would still be Nigeria. Wilbros has left, solgas has left, michelin has left, dunlop has left, PZ has left, Nestle has left and now, Mobil is leaving. These ate the great multinationals. Buhari may not he the one responsible for those who had left in the past but the situation got worse in his time. He couldn't manage it at all. Obasanjo warned Buhari of his refusal to renew oil licences. Now the realities are staring us in the face. Make we dey drink our oyel now. Nonsense. I wonder what the Buhari economic team members are made up of.

Which oil licence hasn't been renewed?

What OML?

Enough of beer parlour gist.

Follow facts of the matter.

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by tempest01(m): 5:51pm On Apr 03, 2019
chloride6:
They are not selling ALL their assets...

How does the Nigerian Economy affect their situation...

Poor Journalism...

New fields in Eastern Africa as well as the American are currently very profitable because of various incentives offered.

We already have a developed oil industry so we wont offer those incentives..

Exxon are still developing assets in Nigeria as well speak...

Same with Shell, Total and AGIP...

Besides no sale can take place without the approval the FG...

So chill and dont wail....

Modified

Called my friend in Eket now

Said it's just the discussion are on the onshore fields..

The offshore fields are not for Sale..

Exxon is currently hiring fresh graduates.

They wouldn't be doing so if there was no long term plan.


Hmm does Exxon have onshore assets? Not much I think ( if they do)

Except they are discarding their processing and custody transfer assets.

1 Like

Re: Reactions As Exxonmobil Prepares To Leave Nigeria by Optimist88(m): 5:52pm On Apr 03, 2019
GavelSlam:


You want to show yourself abi?

I'm saying there's is a steady commitment away from oil, and you are here telling me about untapped oil.

Combustion engine vehicles (Diesel and petrol) are being phased out in Europe.

Many homes are begging to install solar panels.

Wind energy is being used to power many homes and industries.

Abi you dey see coal trains again?

Just as coal is in less demand so is oil being phased out.

In addition, there are many places with Shale (the source rock for petroleum) which can now be extracted making far-flung countries such as Nigeria less attractive even in the short to medium term.

To think you even got.likes tells me the average Nigrian is highly unimformed.

As much as I will accept some of your points here, you still lack online courtesy based on your first comment! Believing any company will find oil business less attractive in Nigeria is still out of right thinking!

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