Shell And ExxonMobil Are Betting Billions On Nigeria's Deepwater Come… | HappeningNow.news

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Shell And ExxonMobil Are Betting Billions On Nigeria's Deepwater Comeback

Nigeria is trying to rebuild its energy industry from the ground up, not only trying to recover lost crude production, but working to turn itself into Africa’s dominant refining, gas, capital markets and energy export hub.

Source Summary Published July 6, 2026 Brief Under 1 min brief
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Summary

Nigeria is trying to rebuild its energy industry from the ground up, not only trying to recover lost crude production, but working to turn itself into Africa’s dominant refining, gas, capital markets and energy export hub. The clearest test is the Dangote Refinery.

Read original at Oilprice

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Part of Exxonmobil coverage 8 tracked stories
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