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Nigerian Upstream Petroleum Regulatory Commission, formerly the Department of Petroleum Resources (DPR), is a department under the Nigerian Federal Ministry of Petroleum Resources (FMPR). It monitors the oil and gas industry to ensure compliance with relevant regulations and laws. [1] It also oversees the safety and other regulations that ...
Gbenga Komolafe. Gbenga Olu Komolafe (born 1963) is a Nigerian engineer, lawyer and petroleum and gas industry expert. Appointed in 2021, he currently serves as the pioneer chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC. [ 1][ 2][ 3] He served at the Nigerian National Petroleum Corporation (NNPC) in ...
In compliance with Section 59 (2) of the Petroleum Industry Act, 2021, President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from December 1, 2023. 1. Chief Pius Akinyelure — Non-Executive Board Chairman (Former Executive Director, Mobil ...
Statistics as at February 2021 shows that the Nigerian oil sector contributes to about 9% of the GDP of the nation. [4] The need for holistic reforms in the petroleum industry, ease of doing business, and encouragement of local content in the industry birthed the Petroleum Industry Bill by the Goodluck Jonathan administration on 18 July 2008 ...
After the Petroleum Industry Act (PIA) came into force in 2021, President Muhammadu Buhari nominated Komolafe as the pioneer chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC and was confirmed by the Senate in September same year. DR. NIYI IJOGUN
DarkSide [2][3] On May 7, 2021, Colonial Pipeline, an American oil pipeline system that originates in Houston, Texas, and carries gasoline and jet fuel mainly to the Southeastern United States, suffered a ransomware cyberattack that afflicted computerized equipment managing the pipeline. [4][5][6] The Colonial Pipeline Company halted all ...
Petroleum has been a major industry in the United States since the 1859 Pennsylvania oil rush around Titusville, Pennsylvania. Commonly characterized as "Big Oil", the industry includes exploration, production, refining, transportation, and marketing of oil and natural gas products. [1] The leading crude oil-producing areas in the United States ...
Commercial crude oil stock pile. The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]