Published 1 year ago

Exclusive: Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

Summary by Ground News

Exxon Mobil Corp (XOM.N) will wind down oil production in Equatorial Guinea. The company will leave the West African country after its license expires in 2026. Exxon has cut its output in the country to less than 15,000 barrels of oil per day. The departure reflects a wider move by major oil producers to reduce crude production.

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Reuters

Exclusive: Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to the matter told Reuters.

1 year ago·United Kingdom

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Financial Post

Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

HOUSTON -- Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to the matter told Reuters.

1 year ago·Canada

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