• IOCs, independent oil producers worry over commercial, data security • Crude oil edges slightly higher amid Middle East tensions Operators in the oil sector expressed concerns over commercial and contract issues as Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja, yesterday, moved to enforce mandatory supply of crude to local refineries. Operators of local […]
The dilly-dallying of the Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the proposed alteration of critical aspects of the host community fragment of the Petroleum Industry Act (PIA), may, in the coming days, create fresh hostility against the government and oil companies in the Niger Delta amidst Nigeria’s troubled oil production.
NIGERIAN Upstream Petroleum Regulatory Commission (NUPRC), led by Gbenga Komolafe, recently granted RusselSmith approval to deploy its industrial non-metallic additive manufacturing solution in the Nigerian oil and gas industry. Speaking on the approval, RusselSmith’s Chief Executive Officer (CEO), Kayode Adeleke, said: “This is a new milestone in the Nigerian energy sector, and we are excited […]
Although Nigeria’s oil production remains dismal at 1.3 million barrels per day amidst theft and vandalism, Nigerian Upstream Regulatory Commission (NUPRC), yesterday, said the production would hit two million barrels by the end of this year.
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) is optimistic that oil and gas production in Nigeria will experience a significant increase in the coming months.