The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said on Monday that the country’s oil and gas reserves were at 37.50 billion barrels as of January 1, 2024, up from 37.046 billion barrels in May 2022.
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that the country’s oil reserves are declining due to low exploration activities.
New crude oil discoveries in other parts of the country add to production figures and increase revenue for the country
According to a new report by the Organisation of Petroleum Exporting Countries, Nigeria's crude oil reserves fell by...
