. Slates output target for 2026 As Tinubu secures $13.5bn investment commitment from Shell, TotalEnergies, ExxonMobil – NUPRC Nigeria has reduced oil production target from hitherto ambitious 4 million barrels per day to 2.6 million barrels per day, Platforms Africa reports. The 4m bpd output peg has been mouthed alongside 40 billion barrels reserves target prior to the administration of President Bola Ahmed Tinubu. Platforms Africa reports that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which confirmed the target slash, said the oil and condensates production target of 2.6…
Read MoreNigeria Downgrades Oil Production Target From 4m bpd to 2.6m bpd
