Tag: KACHIKWU

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 […]

Business

15 African Petroleum Ministers to meet in Cape Town

By Olatunde Dodondawa The ministers will be using Africa Oil Week Summit as a platform to discuss national strategies, sovereign competitiveness, issue licences and finalise tenders. With pressure growing on Sovereigns to develop attractive operating environments, the ministers will be detailing their hydrocarbon strategies to an audience of 1500+ senior […]