Tag: Oil Reserves
-
Nigeria’s oil reserves stand at 37.28bn barrels, gas hit 210.54 tcf – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Friday said that the nation’s crude oil reserves stood at 37.28 billion barrels (bb) as at Jan. 1, 2025. The commission also said that Nigeria’s gas reserves hit 210.54 trillion Cubic Feet (tcf).
-
FG to grow oil reserves to 40bn barrels by 2025 – Sylva
Chief Timipre Sylva, Minister of Petroleum Resources, says one of the key mandates of the ministry is to grow oil reserves from the current 37 billion barrels to 40 billion barrels by 2025.