A recent report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the cost of producing crude oil in Nigeria has surged to approximately $40 per barrel. This ...
Nigeria lost about N720bn in revenue as a result of the consecutive monthly decline in its crude oil production in February and March 2024, The PUNCH reports. Also, the country’s ...
Nigeria’s crude oil production marginally dropped to 1.42 million barrels a day in January 2024, according to Organisation of Petroleum Exporting Countries, OPEC. OPEC’s Monthly Oil Report for February 2024 ...
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