Showing posts with label ExxonMobil. Show all posts
Showing posts with label ExxonMobil. Show all posts

Friday, 24 June 2016

EFCC probes ExxonMobil over $3.75bn oil deal

ExxonMobil’s deal to secure some oil blocks in Nigeria is under investigation by the Economic and Financial Crimes Commission, according to documents obtained by The Guardian of the United Kingdom.

ExxonMobil, the world’s largest oil company, was said to have secured the lucrative oil rights in 2009 by beating out China’s fourth-largest oil producer for access, despite apparently underbidding its rival by $2.25bn.

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