The Department of Petroleum Resources (DPR) yesterday said it generated about N452 billion for the Federal Government in the first quarter of the year. The Director, Sarki Auwalu, who spoke during a strategic engagement session with...
The Federal Government will next month award licences under the Nigerian Gas Flare Commercialization Programme (NGFCP) to qualified bidders as part of efforts to end gas flaring in the country and expand her gas footprint. Minister...
The Department of Petroleum Resources (DPR), yesterday, inaugurated a team of experts to evaluate the revoked four oil mining licences from Addax Petroleum Exploration Nigeria Limited to new operators, Kaztech/Slavic Consortium. The Director, Sarki Auwalu, in...
Following reports of the revocation of licences for some private refineries, the Department of Petroleum Resources (DPR) has explained that companies whose refinery project licences have become invalid could reapply for revalidation. It also said that...
The Department of Petroleum Resources, DPR, has revoked 32 refinery licences issued in the country The DPR said on Monday that the number of valid refinery project licences stood at 23 as of March 2021, down...
The Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OML) belonging to Addax Petroleum, citing non-development of the assets for several years. The affected licenses include OML 123, 124, 126 and 137. In...
The Department of Petroleum Resources (DPR) yesterday sacked six of its seven Deputy Directors in a major shake-up. The affected deputy directors are; Head, Corporate Services, Mr. Isa Tafida; Head, Engineering and Standard, Engineer Akann Musa;...
The federal government has provisionally awarded tenders to develop 57 of its marginal oilfields, which could net the government $500 million in signature bonuses. A report yesterday by Reuters quoted four sources familiar with the matter...
The Federal Government plans to reactivate all moribund and dormant oil and gas support facilities in the country. In a statement by the Department of Petroleum Resources, the move is part of efforts to boost Nigeria’s...
The Department of Petroleum Resources (DPR) has warned businessmen against floating illegal refineries and urged them to invest in the oil and gas industry. Director, DPR, Sarki Auwalu, made the call when he visited the Niger...