…..Says Policy On Gas Emission Reduction Underway The Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has expressed optimism that Nigeria can meet the Organisation of Petroleum Exporting Countries’ (OPEC’s) oil production quota, in spite of the current insecurity challenges in the upstream sector of the hydrocarbon resources industry. […]
As the controversies over Seplat Energy Plc’s intention to acquire assets of Mobil Producing Nigeria Unlimited (MPNU) rage on amid serious concerns among investment and legal experts, Proshare Limited’s analysts have linked the confusions over the process to flaws in the just enacted Petroleum Industry Act (PIA) 2021. The investment research and consulting services’ analysts […]
…….As NUPRC counters President Buhari’s order on deal Less than 24 hours after Seplat Energy Plc announced that President Muhammadu Buhari had approved its cash acquisition of the share capital of Mobil Producing Nigeria Unlimited (MPNU), emerging developments at the highest level of government have indicated that the purported approval may not have passed through […]