NUPRC unveils requirements for domestic crude oil refining, crude oil production forecast
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled first half 2025 crude oil production forecast of producing oil companies and the refining requirement of functional refineries in Nigeria. A report by the commission’s Chief Executive, Engr. Gbenga Komolafe, stated that the move is pursuant to Section 109 of the Petroleum Industry Act (PIA), 2021 and it is aimed at …