The freshly installed chief executive of NNPC, Nigeria’s state oil corporation, has vowed to attract up to $60 billion of ...

The National President of the Petroleum Products Retail Outlet Owners Association, Billy Gillis-Harry, has said that the 83 ...

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the ...

Nigerians in Diaspora Groups have praised Tinubu and NUPRC boss Gbenga Komolafe for leading reforms that promote transparency ...

On 22 January, 2024, Ambassador Nicholas Agbo Ella poured over heaps of files in his new office on the 9th Floor of the ...

Gbenga Komolafe, also revealed that Nigeria’s gas reserves have reached 210.54 trillion cubic feet (TCF) as of the same date. Providing a breakdown, Komolafe explained that the crude oil reserve ...

YENAGOA, Nigeria, April 12 (Reuters ... the 18-inch Tepidaba-Brass crude oil pipeline in the Brass local government area and the 24-inch Ogboinbiri/Obiobi gas link in Southern Ijaw district ...

Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, according to Gbenga Komolafe, chief executive officer, the Nigerian Upstream ...

The breakdown indicates that Nigeria’s proven (2P) crude oil reserves stand at 31.44 billion barrels, with an additional 5.84 billion barrels of condensate. In the gas sector, associated gas reserves ...

JP Morgan warns that continued oil price slump below $60 may push Nigeria’s current account into deficit within ... while non-oil imports fell by 12.6 per cent to $25.74 billion. On the export side, ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the country’s total Gas reserves hit 210.54 Trillion Cubic Feet (TCF) as of January 1, 2025, rising from the 209.26 TCF of ...

Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, according to the Commission Chief Executive of the Nigerian Upstream Petroleum ...