Nigeria Breaking News
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s rig count will hit 50 by the end of 2025. It said the country’s rig count had increased from eight in 2021 to 40 in 2025. The Chief Executive, NUPRC, Gbenga Komolafe, said this on Wednesday in Abuja at the ongoing 2025 Nigeria International Energy …
Nigeria’s oil output, including condensate, increased month-on-month, MoM, by 4 per cent to 1.737 million bpd in January 2025, from 1.667 million bpd recorded in the preceding month of December 2024. But on year-on-year, YoY basis, the nation’s oil output, including condensate, increased by 5.7 per cent to 1.737 million bpd in January 2025, from …