The supermajor is working on developing the deepwater Owo project, Nigerian Vice President Kashim Shettima said after meeting Exxon Nigeria chairman Shane Harris. The company also proposed to spend $2.5 billion annually to boost oil output by 50,000 bpd over the next few years, Shettima said.
Petrobras posts $19.6 billion profit in 2025 as production rises
Petrobras reported net income of $19.6 billion in 2025 as oil and gas production increased 11% to...
