Nigeria’s oil reserves now stand at 37billion – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says as of January 1, 2023, the country’s oil and condensate reserves stood at 36.966 billion barrels.
This represents 31.060…
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NUPRC
Gas flaring penalties hit N260 billion in 15 months
Payable penalties by oil companies for flaring gas in Nigeria have risen above two hundred billion Naira since January last year, according to data from the Nigeria Gas Flare Tracker (GFT),…
Upstream regulators deploys initiative to aid bid round awardees
The Nigerian Upstream Regulatory Commission (NUPRC) is planning a production based lending engagement to help some awardees of the 2020 Marginal Field Bid Round licences source needed…
Nigeria’s oil output hits 13-month high of 1.3mbpd
Nigeria’s crude oil production rose to 1.3 million barrels per day (bpd) in February, the highest in 13 months, according to the Nigerian Upstream Petroleum Regulatory Commission's (NUPRC).…
Nigeria’s oil production rose by 48,154 bpd in February — NUPRC
Nigeria’s crude oil output rose to 1.3 million barrels per day (bpd) in February, the highest in 13 months, according to the Nigerian Upstream Petroleum Regulatory Commission's (NUPRC)…