The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...
They're fully aware of the situation. It was about two years ago that the story of the dead vulture hanging from the oil derrick in Sesquicentennial Plaza began making the rounds. At the time, ...
but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...