The AG said this failure would have a “disastrous effect of capital flight and commercial fraud”.
Nigerian President Muhammadu Buhari will attend a ceremony tomorrow marking the first oil development in northern Nigeria, at the Kolmani River field.
Daewoo E&C has signed up to work on a “quick fix project” at the Kaduna refinery, during a high-level Nigerian visit to South Korea.
Nigerian President Muhammadu Buhari has reversed his support for Seplat Energy to acquire ExxonMobil’s local joint venture, in apparent recognition of the regulator’s objections.
Nigerian President Muhammadu Buhari approved Seplat Energy's $1.28 billion purchase of Exxon Mobil’s shallow water business in the West African country, seemingly putting an end to efforts by the national oil company to block the deal.
Nigerian National Petroleum Corp. (NNPC) has held a glitzy ceremony celebrating its relaunch as a limited company and a newfound sense of independence.
OPEC secretary general Mohammad Barkindo has died, according to Nigerian officials.
The Hydrocarbon Pollution Remediation Project (HYPREP) is working on a plan to connect Ogoniland to the Nigerian power grid, in an extension of its original focus on remediating polluted lands.
A Nigerian NGO has filed a lawsuit against Nigerian President Muhammadu Buhari over a string of alleged failures at the country’s four refineries.
Nigerian President Muhammadu Buhari has issued an apology to the nation following problem in petroleum products supply and an increase in power blackouts.
Nigeria is benefiting from higher oil prices, the International Monetary Fund (IMF) has said, but its deficit will widen this year.
Nigerian President Muhammadu Buhari has appointed a board to oversee Nigerian National Petroleum Corp. (NNPC) Ltd.
Nigeria has committed to reaching net zero by 2060, President Muhammadu Buhari has said at the ongoing COP26 talks in Glasgow.
High fuel prices have continued to put pressure on Nigeria’s coffers, cancelling out oil price gains for Nigerian National Petroleum Corp. (NNPC).
A Royal Navy ship is on its way to the Gulf of Guinea, amid a continued focus on security.
Nigerian President Muhammadu Buhari has appointed a steering committee to oversee the enacting of the Petroleum Industry Act (PIA).
The Nigerian Senate and House of Representatives have passed the Petroleum Industry Bill (PIB) in a bid to draw in more investment, from foreign and domestic sources.
The Niger Delta Avengers (NDA) have threatened to target oil installations in Nigeria’s oil-producing region and complained about various political problems.
Nigeria LNG has held a ceremony to mark the start of construction at Train 7, increasing capacity by around 35%.
France held a summit on May 18 for African leaders, with discussions around debt, security and energy.
The US administration has set out plans to cut financing for hydrocarbon developments, while African states are doing what they can to secure energy projects.
Nigerian President Muhammadu Buhari has restored four licences to Chinese-owned Addax Petroleum.
Nigeria’s Department of Petroleum Resources (DPR) has launched the Oil and Gas Search, Rescue and Surveillance (SeRAS) centre in Lagos.
Nigerian President Muhammadu Buhari will inaugurate the National Oil and Gas Excellence Centre (NOGEC) in Lagos on January 21.
A Nigerian militant group has issued a warning to operations in the Niger Delta, including pipelines and vessels.