15 Feb 2021

The Department of Petroleum Resources (DPR) has dismissed media reports that it uncovered a ‘missing  2 million barrels of crude’ in oil production records by Shell Petroleum Development Company (SPDC) between 2016 and 2018. The DPR described the allegations as false and baseless. The report had alleged that SPDC which was allegedly found culpable had admitted the infraction and offer...

11 Feb 2021

The Department of Petroleum Resources today launched the Downstream Remote Monitoring System (DRMS). DRMS also known as e-Station is an inventory and regulatory tool that tracks product level across retail outlets and depots. The system also tracks the movement of product from depots to retail outlets using a USSD code *7117#. Director/CEO of DPR Engr. Auwalu Sarki in his address s...

11 Feb 2021

The Department of Petroleum Resources (DPR), yesterday, said the Federal Government is making efforts to upgrade the downstream of the petroleum industry to global standard. The downstream has the capacity to improve revenue from the oil and gas sector, increase contribution to Gross Domestic Product (GDP), and create massive employment, but has been bedevilled by various challeng...

11 Feb 2021

The Department of Petroleum Resources (DPR) said it is upgrading the Nigerian oil and gas downstream operations to global standards with improved technology in its ongoing automation process. The Director of DPR, Mr. Sarki Auwalu, stated this at a virtual meeting with the members of the Major Oil Marketers Association of Nigeria (MOMAN) on Tuesday. In a statement signed by the agen...

09 Feb 2021

Department of Petroleum Resources (DPR) is pleased to announce the launch of Downstream Remote Monitoring System (DRMS)
as follows :
Date : Thursday 11th February, 2021
Time : 10:00am
Venue : Transcorp Hilton Hotel, Abuja ( Congress Hall)

08 Feb 2021

Director/CEO DPR,  Mr Sarki Auwalu (Right) presenting Licence to Establish (LTE)  the first floating LNG production Plant in Nigeria to Managing Director   UTM Offshore limited, Mr Julius Rone at DPR office Abuja The Department of Petroleum Resources (DPR) has issued Licence to Establish (LTE), the first floating Liquefied Natural Gas (LNG) production plant to UTM Offshore Ltd., an ...

08 Feb 2021

The Director and Chief Executive Officer of the Department of Petroleum Resources, Mr. Sarki Auwalu, in this interview on Arise News Channel, THISDAY’s sister broadcast station, provides update on the ongoing bid exercise for the 57 marginal oil fields. Emmanuel Addeh and Peter Uzoho bring the excerpts: Where are we with the 57 marginal fields and what is the guarantee that this time ...

06 Feb 2021

The Federal Government is expecting to generate at least $500m in revenue (N189.5bn) from the ongoing marginal field bid round, the Department of Petroleum Resources has said. The DPR also said the successful bidders would be allowed for the first time in the nation to pay the acquisition cost of the oilfields in naira. The Director/Chief Executive Officer, DPR, Mr Sarki Auwalu, wh...

05 Feb 2021

As Nigeria and the rest of the world face depleting oil revenues, the federal government is leading innovative means to cut oil production cost, enhance gas production and promote industry safety with the National Oil and Gas Excellence Centre (NOGEC). The centre, built by the Department of Petroleum Resources (DPR), was recently commissioned by President Muhammadu Buhari in Lagos. ...