A recent report announced that the African country of Chad has nationalized ExxonMobil's assets.
Chad’s energy ministry has announced the nationalization of all the assets and rights that belonged to a subsidiary of US oil major ExxonMobil, including hydrocarbon permits as well as exploration and production permits, according to a Reuters report on Friday.
Exxon's assets reportedly included a 40% stake in Chad's Doba oil project, which comprises seven producing oilfields with a combined o...
