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General Idris Dambazau Arrested By DSS

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The Department of State Services, DSS have arrested the Managing Director of Kano state’s Consumer Protection Council (KCPC), General Idris Bello Dambazau (Rtd.), over...

Fuel marketers predict N170/litre, claim supply drop, NNPC disagrees

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The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to N170/litre, while its depot price is projected...

Komolafe Promotes 195 Upstream Regulatory Staff

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In a proactive move to stave off any industrial action and boast the dwindling revenue from oil crude oil production, the Chief Executive Officer...

FG scraps DPR, PPPRA, PEF, sacks CEOs, inaugurates new agencies

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The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped and do not exist...

DPR seals 13 gas stations in Akwa Ibom

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The Department of Petroleum Resources, Eket Field Office, has sealed 13 cooking gas stations in July for illegal operation. Mr Victor Ohwodiasa, the Operations Controller...

Why petrol subsidy will be removed now, by minister

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Subsidy on petrol will soon be withdrawn, Minister of State for Petroleum Timipre Sylva, said yesterday. The minister told reporters there is no going back...

DPR Offers Revalidation Option For Refinery Licences

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Relief may have come for holders of expired refinery licences as the Department of Petroleum Resources (DPR) on Tuesday said companies whose refinery project...

DPR Revokes Addax PSCs’ Licences

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The Federal Government has revoked the four Production Sharing Contracts (PSC) operated by Addax Petroleum Development Nigeria Limited (APDNL). The Director, Department of Petroleum Resources...

Nigeria loses $5bn to discrepancies in data between NNPC, others

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The House of Representatives said that the country has lost about $5 billion to discrepancies in crude oil production data between the Nigeria National...

Cross River: IPMAN raises alarm over proliferation of illegal fuel stations

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The Cross River Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the proliferation of illegal fuel stations in...

No plans to hike price in February- NNPC

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The Nigerian National Petroleum Corporation (NNPC) has denied plans to increase fuel price from February. There had been speculations the prices of petroleum products may...

Allegations that SPDC underreported 2 million barrels of crude from 2016...

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The Department of Petroleum Resources (DPR) has dismissed media reports that it uncovered a ‘missing 2 million barrels of crude’ in oil production records...

DPR Shortlists 161 Firms For Final Marginal Field Bid Round

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The Department of Petroleum Resources (DPR) on Monday said the Federal Government has shortlisted 161 firms for the final stage of the bid round...

NNPC Shines at NSE Fellowship Award with COO, Upstream, 6 Staff...

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The Nigerian National Petroleum Corporation was the centre of attraction at the Nigerian Society of Engineers’ (NSE) fellowship award ceremony with the Corporation bagging...

LUPAN Petitions FG Over PPPRA’s Imposition Of N1.23K Administrative Charge On...

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The Lubricants Producers Association of Nigeria, LUPAN, has petitioned the Federal Government over the imposition of N1.23 kobo administrative charge on base oil by...

DPR Warns Against Illegal Refilling Of Gas Cylinders

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The Department of Petroleum Resources has warned Liquefied Petroleum Gas retail outlets against cylinder-to-cylinder gas refilling and decanting because of the associated risks. The Operations...

Waltersmith Modular Refinery Ready for Operations – DPR

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The Department of Petroleum Resources (DPR) has said that the 5,000 barrels per day (bpd) Waltersmith Modular Refinery project is fully ready for operations.   The...

DPR drops gas flaring sanctions to woo investors

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In a dramatic change of outlook aimed at encouraging gas commercialisation by indigenous oil companies, the Department of Petroleum Resources (DPR) has reversed its...

Senate to investigate gas tanker explosions  

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By Chibuike Nwabuko Abuja (Sundiata Post) -  The Senate on Wednesday directed its Committees on Petroleum Downstream, Gas Resources to investigate the remote and immediate...

Senate committee to probe gas explosions in Lagos

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The Senate has begun a probe into the massive gas explosion occurred at Cele Bus Stop, Iju-Ishaga in Ifako-Ijaiye Local Government Area of Lagos...