30 Jun 2021

The establishment of the National Oil and Gas Excellence Centre (NOGEC) by President Muhammadu Buhari at the beginning of this year has been described as a bequeathing legacy that has placed Nigeria as a new bride of oil and gas investments destination in the world, the Director/CEO of the Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, said. Since the inauguration of...

29 Jun 2021

The Director/CEO, DPR Engr Sarki Auwalu received the Publisher and Editor in Chief, Valuechain magazine, Mr Musa Bashir and his delegation at the Department of Petroleum Resources Head office, Abuja today. The visit was to explore areas of mutual collaboration between DPR and Valuechain especially in the areas of accurate dissemination of information to stakeholders in the overall int...

29 Jun 2021

The Director, Department of Petroleum Resources (DPR) Mr. Sarki Auwalu, has reiterated the commitment of the organisation to support investments in the oil and gas industry to the benefit of all stakeholders. Auwalu stated this when a delegation from Portland Gas in company with their technical partners from Turkey, Negmar Shipping Investment paid him a visit in his office in Abuja to...

25 Jun 2021

The Director/CEO, DPR, Engr. Sarki Auwalu has reiterated the commitment of DPR to support investments in the oil and gas industry for all stakeholders. He stated this commitment when a delegation from Portland Gas in company of their technical partners from Turkey, Negmar Shipping Investment paid him a visit in his office in Abuja to foster collaboration and explore business opportuni...

23 Jun 2021

Nigeria’s marginal fields sub-sector has been the cornerstone of the country’s upstream local content development strategy since early 2000, and previous rounds gave birth to what are now strong local and regional African exploration and production (E&P) companies. 17 years after the last bid round, the Department of Petroleum Resources (DPR), recently completed the process with fewe...

23 Jun 2021

History was made on June 1, 2021, when the Federal Government granted licenses to Nigerian investors for 57 marginal oilfields in the country’s oil-rich Niger Delta region. Director of the Department of Petroleum Resources (DPR), Mr Sarki Auwalu, who announced the awards in Abuja, said the 57 marginal fields offered spanned land, swamp and offshore locations. The award which came barely...

22 Jun 2021

The Department of Petroleum Resources (DPR) has clarified its decision to request for daily stock records from members of the Independent Petroleum Marketers Association of Nigeria (IPMAN). IPMAN, Suleja/Abuja Unit, had threatened to embark on an industrial action over alleged extortion by officials of the DPR, with the Chairman of the unit, Yahaya Alhassan, saying that DPR’s request ...

21 Jun 2021

The Department for Petroleum Resources, DPR, yesterday, clarified that its request for daily stock record from petrol retail outlets and depots across the country is a statutory requirement and is at no cost to the oil marketers. In a statement in Abuja, Head, Public Affairs of the DPR, Mr. Paul Osu, who was reacting to an allegation of extortion leveled against the petroleum industry...