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DPR vows to avoid past mistakes in 2020 marginal oilfield bids

The Department of Petroleum Resources (DPR) says there will not be a repeat of past mistakes made in previous exercises in the...

Covid-19: DPR expresses concern, urges oil workers to follow rules

The Department of Petroleum Resources (DPR) has said oil industry personnel in Nigeria must follow COVID-19 rules, even those working for the...

FG offers 96 gas flare assets up for sale

The Federal Government, through the Department of Petroleum Resources (DPR) has said plans are underway to commercialise its 96 gas flare points...

DPR targets September to enforce MISTDO for downstream operations

The Department of Petroleum Resources (DPR) has scheduled enforcement of the Minimum Industry Safety Training for Downstream Operations (MISTDO) for September 1,...

DPR issues guidelines on offshore, onshore ops

The Department of Petroleum Resources (DPR), has issued new guidelines to industry players on managing the spread of coronavirus in offshore and...

Oil shut down imminent as prices drop below production cost

Motivation for continued oil production may drop further as oil prices fail to rebound and available oil storage capacity around the world...

FIRS targets N4 trn tax from oil, gas companies

The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of...
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“Brace for higher fuel prices”, Minister tells Nigerians

…”We never promised permanent low fuel prices”- Sylva …To launch auto-gas scheme as alternative fuel Minister...

NNPC records 19% increase in gas supply to power sector

The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas...

Explosion rocks NPDC’s Benin River Valve Station

The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum...

DPR records over 600 bids for 57 Marginal oilfields

The Department of Petroleum Resources (DPR) says over 600 companies have applied to be pre-qualified for the ongoing bid rounds of 57...