10 billion barrels of oil equivalent discoveries made in 2020

Ray of hope for Nigeria as EIA predicts spot prices at $52 per barrel for 2021

Oil prices are further expected to increase in 2022, according to the EIA’s January STEO

As Nigeria went to sleep in respect of oil explorations and production the reset of the world is are digging deep to bolster their oil reserves. Despite delays in drilling campaigns and reduced exploration budgets due to COVID-19, the volume of oil and gas discoveries globally is set to reach 10

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