Tag: DPR

Energy

Nine vessels with stolen Nigerian crude oil arrested

Caption: Director/CEO, Department of Petroleum Resources (DPR), Engr. Sarki Auwalu. Nine vessels with stolen Nigerian crude oil have been arrested by the Nigerian Navy in the coast of Niger Delta. The Director/Chief Executive Officer of Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, stated this at an interactive session with […]

Energy

Nigeria’s proven gas reserve hits 203.16tcf

………..crude oil reserves now 36.89billion barrels Olatunde Dodondawa Nigeria has announced that its proven natural gas reserve is now 203.16trillion cubic feet (tcf) while crude oil reserve is now 36.89billion barrels (bb) as at January 1, 2020. Speaking during a media interactive session on Tuesday, Director of Department of Petroleum […]

Business

200 investors set for Nigeria’s 45 gas flare sites

In its efforts to reduce the 320 billion cubic feet of gas (bcf) of gas flared in 2019, the Department of Petroleum Resources (DPR), has announced the short listing of 200 companies to develop 45 gas flare sites across the country under the Nigeria Gas Flare Commercialisation Programme (NGFCP). Speaking […]

Energy

DPR assures stakeholders of promoting compliance in sector

The Oil and Gas sector regulator in Nigeria, the Department of Petroleum Resources (DPR), has assured stakeholders in the sector of promoting adequate compliance in the sector for the good of the country.   The Acting Director of DPR, Ahmad Rufai Shakur, stated that DPR has the statutory responsibility of […]

Energy

Why DPR revokes licenses of Pan Ocean, Summit Oil, others

By Olatunde Dodondawa The Department of Petroleum Resources (DPR) has revoked the oil licenses of of five companies due to non-settlement of legacy debt. The revocation of oil licenses was contained in a public notice issued on Thursday. The DPR revoked Oil Mining Licenses (OML) and one Oil Prospecting License […]