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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.
Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering seven regulations that would aid the implementation of some fragments of the Petroleum Industry Act, especially contracts, commercials, revocation of oil and gas licenses.
In the bid to improve operational and regulatory efficiency in the nation’s upstream oil and gas industry, the Nigerian Upstream Petroleum Regulatory
FG unveiled seven additional draft regulations to improve operational and regulatory efficiency in the upstream arm of oil and gas sector.