Nigeria Oil Discovery 2016: Exxon Mobil Finds Billion-Barrel Reserve In Africa
October 27, 2016
ExxonMobil (XOM) has reportedly made a major oil discovery off Nigeria’s shores that could produce a billion barrels, Bloomberg reported Thursday. The news came as the Texas-based titan and Big Oil alike have experienced a significant slump in prices and profits over the last two years.
Breaking: @exxonmobil discovers #oil field off Nigeria with as much as a billion barrels of potential reserves