Integrated Data Mining News Today

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is in the process of upgrading and deploying the National Production Monitoring System (NPMS) facility towards curbing crude oil theft in Nigeria.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is upgrading and deploying the National Production Monitoring System (NPMS) facility toward curbing crude oil theft in Nigeria.

By Solomon Asowata Lagos, May 26,2021 The Nigeria Extractive Industry Transparency Initiative (NEITI) says the creation of the National Oil and Gas Excellence Centre (NOGEC) has substantially addressed concerns over the country’s crude production data. Dr Ogbonnaya Orji, Executive Secretary, NEITI, made the

T he Department of Petroleum Resources (DPR) has launched a new digital system to monitor and track the distribution of petrol and other petroleum products across the country. The DPR Director/CEO, Engr. Sarki Auwalu, at the launch on Thursday in Abuja said the new system, called Downstream Remote Monitoring System (DRMS), will among others check product scarcity and smuggling. Sarki said the launch of the DRMS would guarantee availability and reliability of real time data for decision making a...

How new system will check petrol smuggling, hoarding — DPR On By Obas Esiedesa – Abuja The Department of Petroleum Resources, DPR, on Thursday launched a new digital system to monitor and track the distribution of petrol and other petroleum products across the country, saying it will check product scarcity and smuggling. The Downstream Remote Monitoring System, DRMS, and inventory management solution for petroleum products supply and distribution is designed to provide a holistic view of t...

The inauguration of the NOGEC came at a time Nigeria and the rest of the world are raising concerns over depleting oil revenue and the breakthrough in alternative forms of energy, including renewable and solar energy. To underscore the damage done to the Nigerian economy which is heavily reliant on oil, Nigeria’s Finance Minister, Mrs Zainab Ahmed, in May 2020, announced that the national revenue target fell by N125.52 billion in the first quarter of 2020 to N940.91bn. The Group Managing Dire...

Vanguard News Nigeria’s oil output drops 15% to 1.5mb/d On By Udeme Akpan, Energy Editor The average Nigeria’s oil output dropped Year-on-Year, YoY, by 15 per cent to 1.5 million barrels per day, mb/d (excluding condensate), in 2020, compared to 1.7mb/d recorded in the corresponding period of 2019, according to data obtained from Organisation of Petroleum Exporting Countries, OPEC. On Quarter-on-Quarter, QoQ, the nation’s oil output stood at an average of 1.75 mb/d in first quarter (Jan...

As the debate over the long-term relevance of crude oil rages, Nigeria appears to be shifting its attention to the exploration of the country’s huge gas deposits, writes Emmanuel Addeh The year 2020, unarguably remains the most devastating period in the history of oil and gas in history as the product hit its lowest point. In the heat of the Covid-19 pandemic, Nigeria, Africa’s biggest economy, entered recession for the second time in five years, after a contraction in its Gross Domestic Pr...

01/26/2021 | Press release | Distributed by Public on 01/26/2021 01:34 Driving Cost Efficiency, Value Optimsation in Oil Industry Efforts at addressing major challenges being faced by players in the Nigerian oil and gas industry received a major boost last week with the launch of the National Oil and Gas Excellence Centre Lagos to improve safety, optimise value and ensure cost efficiency in the industry, reports Peter Uzoho Last week, players in the Nigerian oil and gas industry received a grea...

Olalekan Adetayo and Femi Asu The President, Major General Muhammadu Buhari (retd.), on Thursday said his regime’s  drive for economic diversific...