Tag: OPTS.

Submit Cargo Price Quotes Monthly, NUPRC Orders Oil Producers, Refiners

ADEOLA YUSUF

‘Weeks after Dangote Refinery alleged sabotage by IOCs to starve it of crude stock;’ Here are the details of the crucial meeting where upstream oil sector’s regulator and producers agreed on sustainable crude supply to local refiners   About five weeks after Dangote Refinery alleged sabotage by International Oil Companies (IOCs) to starve it of crude stock, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has directed producers and refiners to provide tje commission with cargo price quotes on crude supply and delivery for effective monitoring and regulation of transactions among…

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‘Weed Them Out,’ PETAN Exposes Antics of Oil Sector’s ‘Middlemen Businesses’

Aliyu Aliyu

. ‘How they (‘middlemen businesses’) cast shadow on the competencies and integrity of Nigerian oil and gas operators,’ PETAN’s Wole Ogunsanya talks on deepening ties with NCDMB, NUPRC   Petroleum Technology Association of Nigeria (PETAN) has reaffirmed its commitment to Support the federal government’’s effort to weed out ‘Middlemen Businesses’ ,as it advocates for local content in the nation’s oil production. Platforms Africa reports that PETAN Chairman and CEO, Geoplex Drillteq Limited , Engr. Wole Ogunsanya, made the statement while speaking during a panel session where he was one of…

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