LAGOS, Nigeria, Nov. 14 (UPI) — Elijah White, a vice president of Exxon Mobil Production Co., said Nigeria needs to create a “stable and attractive” climate for energy investors. “Nigeria needs to create a stable and attractive investment climate, competitive fiscal terms to attract capital and develop clear regulatory and competitive policies that would enable her to realize the full potential of the industry,” he was quoted as saying Wednesday from Lagos by the Platts energy news service. Nigeria aims to increase its proven crude oil reserves from 35 billion barrels currently to 40 billion barrels by 2020. Companies like Exxon said that’s unlikely, though the Nigerian government said it’s on pace to meet its goals despite a fragile national security situation and declining international investments. Royal Dutch Shell has repeatedly said it was unable to fulfill its contractual obligations in Nigeria because of issues involving militants who, in […]