Exxon Mobil (NYSE:XOM), the world’s biggest energy company which has operations in Nigeria and Liberia, fluctuated between gains and losses after saying some of its oil and gas activities in West Africa have been disrupted by the Ebola outbreak, including plans to drill offshore Liberia, the country worst affected by the spread of the disease.
Shares were up 0.4 percent at $93.70 at 2:30 p.m. in New York.
“We had some drilling plans for some blocks offshore West Africa in Liberia,” the company’s chief executive officer, Rex Tillerson, told a news conference yesterday. “We are having to look at when it would be prudent to resume operations there because you do have to have shore-based support.” Continue reading “Exxon Mobil says Ebola disrupts drilling offshore Liberia”