
NNPC Secures Court Order To Stop ExxonMobil From Leaving Nigeria.
The Nigerian National Petroleum Company (NNPC) Limited has secured an injunction from the Federal High Court in Abuja restraining the sale of shares of ExxonMobil’s Nigerian unit to any third parties. In February, Seplat Energy Plc, a major energy company, had agreed to buy the entire onshore and shallow-water assets of ExxonMobil in Nigeria, but the…