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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 ...
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 relate to the exportation and importation of the products into the country. [2] As part of its activities, the department manages the upstream and downstream sectors in Nigeria petroleum ...
Nigeria has a total of 159 oil fields and 1481 wells in operation according to the Department of Petroleum Resources. [16] The most productive region of the nation is the coastal Niger Delta Basin in the Niger Delta or "South-south" region, which encompasses 78 of the 159 oil fields. Most of Nigeria's oil fields are small and scattered, and in ...
NNPC was established on 1 April 1977 as a merger of the Nigerian National Oil Corporation and the Federal Ministry of Petroleum and Energy Resources. [2] NNPC by law manages the joint venture between the Nigerian federal government and a number of foreign multinational corporations, which include Royal Dutch Shell, Agip, ExxonMobil, TotalEnergies, Chevron, and Texaco (now merged with Chevron).
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
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]
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material ...