Top Stories
Nigeria’s Crude Oil Reserves Hit 37.50 Billion Barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s crude oil reserves increased from 36.96 billion barrels (bb) on January 1, 2023, to 37.50 bb on January 1, 2024.
CityNews reports that the NUPRC Chief Executive Officer (CEO), Gbenga Komolafe, stated this while speaking with reporters in Abuja, on Monday.
Also, the NUPRC boss stated that the country’s Natural Gas reserves rose from N208.83 trillion Cubic Feet (TCF) on January 1, 2023, to 209.26TCF on January 1, 2024.
According to him, the data indicates the level of hydrocarbon capacity the nation is endowed with while describing the development declaration as positive for Nigeria.
Komolafe added that the data showed the country’s level of hydrocarbon capacity.
The NUPRC boss said several commission initiatives were accountable for the feat. He also attributed the reserve increase to production from some of the marginal fields.
He said, “Some of the brownfields and marginal fields have started producing and contributing to our national oil and gas reserves.”
Zacch Adedeji: And The Revenue Keeps Increasing By Rabiu Usman
$6 Billion Mambilla Saga: Judge Blows Hot, Warns Agunloye’s Lawyer Over Delay Tactics
Perish The Thought,You Aren’t Destined To Be President – Wike’s Aide To Atiku
Olamide, king of Nigerian street music – Shallipopi
EFCC arraigns Chinese for bribery, N301 million fraud in Lagos
I Can’t Control Narratives About My Marriage To Mercy Aigbe – Kazim Adeoti
Rapper Meek Mill disowns Diddy after years of association
Canadian Immigration Minister says “no automatic pathway from study permits to permanent residency”
Drama As ‘Baltasar Engonga’ was cornered and fl0gged by husbands of the women he sl3eps with(video)
Roma re-appoint Claudio Ranieri for third time as new head coach
AFCONQ 2025: Nigeria’s Super Eagles fail to beat Benin Republic in Abidjan
Eight Governorship Candidates Declare Support For Aiyedatiwa 48 Hours To Ondo Election
Osimhen Level With Odegbami On The Top 10 Super Eagles All-time Scorers List
Bishop Abioye Begins New Ministry After Retirement From Living Faith Church(Video)
Caleb University Lecturer Alleged;y Orders Students To Kneel As Punishment (Photo/Video)
Entertainment10 hours agoDrama As ‘Baltasar Engonga’ was cornered and fl0gged by husbands of the women he sl3eps with(video)
Top Stories23 hours ago“You’d Have Kept Presidential Ticket For Yourself If You Could” – Atiku Replies Wike
Top Stories23 hours agoBREAKING: “Be wary of Wike, he’s planning against you” – Rivers LGA chair tells Tinubu
Tech23 hours ago#TravellingAbroad: New Zealand expands work visa options with 66 in-demand jobs
- Top Stories6 hours ago
Perish The Thought,You Aren’t Destined To Be President – Wike’s Aide To Atiku
Top Stories10 hours agoEight Governorship Candidates Declare Support For Aiyedatiwa 48 Hours To Ondo Election
Entertainment23 hours agoJubilation as Wumi Toriola bags 2024 box office champion award
Top Stories10 hours agoBishop Abioye Begins New Ministry After Retirement From Living Faith Church(Video)