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NUPRC: Nigeria loses over 115,000 barrels per day to oil theft, vandalism

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country loses more than 115,000 barrels per day to oil theft and vandalism. Gbenga Komolafe, chief executive officer of NUPRC, disclosed

Forcados operations reduce NNPC’s deficit by 53%

Resumed operations at Forcados export terminal reduced the deficit recorded by the Nigerian National Petroleum Corporation by 53 percent. The latest report by the corporation shows that deficit dropped to

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