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.
UTM Offshore has signed a front-end engineering and design (FEED) contract for a floating LNG (FLNG) project offshore Nigeria.
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.
Nigeria’s attempts to tackle its oil theft problem have seen a new deal signed with a former leading militant – but the move has sparked protests.
Nigeria has signed a memorandum of understanding on processing gas for export at facilities in Equatorial Guinea.
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 LNG has held a ceremony to mark the start of construction at Train 7, increasing capacity by around 35%.
Nigerian National Petroleum Corp. (NNPC), the Nigerian Content Development Monitoring Board (NCDMB) and Zed Energy have signed a shareholder deal on the Brass terminal.
Nigeria’s Federal Executive Council (FEC) has approved spending $1.5 billion to rehabilitate the Port Harcourt refinery.
Nigerian energy officials have visited Morocco in a show of support for an ammonia plant in Akwa Ibom State.
The Nigerian military has committed to providing “maximum security” for the country’s oil and gas assets.
Nigeria has launched an exercise to cut upstream production costs, with an eye on securing the country’s energy future.
The Nigerian government has signalled its support of the Brass Fertiliser and Petrochemical Co. (BFPCL) 10,000 tonne per day methanol plant with a final investment decision (FID) ceremony.
Nigeria has launched a push to increase the use of autogas with a high-profile event in Abuja.
Nigeria has signed a deal with neighbouring Niger on petroleum products transportation and storage.
The Nigeria Gas Transportation Network Code (NGTNC) is officially up and running.
The Lagos State Emergency Management Agency (LASEMA) has put out a fire at an illicit fuel storage depot at Oregun.
Nigeria’s Department of Petroleum Resources (DPR) has denied reports that a new set of guidelines has been issued for marginal fields.
While the big goal of tackling its sclerotic oil industry is still languishing, Nigeria has been racking up progress in its gas sector.
Nigeria is taking steps to secure further public-private partnerships in order to develop infrastructure in the energy sector.