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President Muhammadu Buhari has reversed the approval of the acquisition of the ExxonMobil Corporation assets by Seplat Energy Plc. Naija News reports that Presidential Spokesman, Garba Shehu,...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected the presidential approval of Seplat Energy’s takeover of the entire share capital of Mobil Producing Nigeria Unlimited (Exxon...
Despite shortfalls in meeting targets on crude oil production for internal and external use, a total of N202.91 billion was earned by the Nigerian government in...
The Federal Government has stated the country’s oil reserves increased by 0.136 billion barrels to 37.046 billion barrels as of January 31, 2022. Naija News reports...
According to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the country’s oil reserve has increased a bit between a year to the present time. The commission...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in its latest data released, disclosed that oil output dropped to an average of 1.24 million barrels per day...