Nigeria boosts oil exploration ...News

The West African country is seeking to raise crude reserves to 50 billion barrels, a state oil firm has said The Nigerian National Petroleum Corporation (NNPC) is expanding crude exploration in the country’s onshore frontier basins, local media reported on Tuesday citing the company’s CEO, Mallam Mele Kyari. According to Kyari, the expansion of exploration efforts aims to help Nigeria boost oil reserves to 50 billion barrels from the currently proven 37 billion, and to lift the country’s crude production to 3 million barrels per day (bpd). As part of the steps to reach these goals, the NNPC also launched a crude d

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