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Oil industry: FG to install new flow meters, take over production data from oil firms

Contrary to the present practice where Nigeria depends on operators for production data to determine daily volume and oil earnings, the Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission .

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FG mulls merger of oil companies as more IOCs divest

With the growing rate of divestment by International Oil Companies (IOCs) from Nigeria, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said collaboration, strategic alliances, mergers and acquisition.

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