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FG Threatens To Implement Drill Or Drop Provision On IOCs
The Federal Government has threat ened to begin implementing the “drill or drop” provisions of the Petroleum Industry Act (PIA) where necessary, calling on the international oil companies (IOCs) ...
U.S. crude oil production was down 305,000 barrels per day, hitting 13.15 million bpd, a level it hasn’t dipped down to in ...