Nigeria’s oil reserves drop as gas increases

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that Nigeria’s 2P crude oil and condensate reserves stand at 31.09 billion barrels and 5.92 Billion Barrels, respectively, amounting to a total of 37.01 billion barrels as of January 1 2026. A statement signed by the Commission Chief Executive of NUPRC, Oritsemeyiwa Eyesan, also stated that […]

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