Stowvat Investments Limited: ExxonMobil denies embarking on fresh retrenchment of workers

Stowvat Investments Limited

Stowvat Investments Limited is a leading marketer and trader of various Nigerian light crude oil and refined petroleum products worldwide. The secret of Stowvat Investments Ltd's success is based on our continuous developing strategies that guarantee quick delivery at competitive discounted prices that many buyers cannot find elsewhere.

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Through our Associate Crude Oil Marketers and Financiers, we remove fear of non performance with high percentage of performance bond or through bearing the costs of BG/SBLC transmission to our Bank. In TTO/TTT Transactions we offer APG (Advanced Payment Guarantee) equal to the amount of funds our buyers pay to us for Logistics as part of their capability.

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Wednesday, 22 February 2017

ExxonMobil denies embarking on fresh retrenchment of workers

22 February 2017, Lagos – Mobil Producing Nigeria (MPN), a subsidiary of ExxonMobil Corporation, yesterday denied reports that it embarked on fresh retrenchment exercise where 89 workers were sacked. There were reports that the latest retrenchment that allegedly affected 60 regular workers and 29 contract staff, were carried out at the company’s Qua Iboe Terminal […] More »