The Department of Petroleum Resources (DPR), has revealed plans to address emerging challenges in the downstream sector of Nigeria’s petroleum sector, as the country transits to a private sector-led industry. The Federal Government had, in March, announced the deregulation of the sector, opting out of subsidy payment that gulped a whooping N10 trillion in the last 10 years. While t...

The visit was led by Mr. Yong Hong Chen - MD in company with. Mr Horace Awi - Director and the Company Secretary Mrs Folake Adele-Adewole    ...

The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business and create opportunities in the oil and gas sector. A statement signed by Mr Paul Osu, Head, Public Affairs, DPR  on Thursday said the agency’s Director, Mr Sarki Auwalu, made this known during a visit of members of the Depot an...

The visit was led by the Chairperson of the Association Dame Winifred Akpani *Mr Mahmud Tukur - 2nd Vice Chairman *Barr. Ikem Ohia - Secretary and other Executive Members of DAPPMA  ...

The Department of Petroleum Resources (DPR) says it will continue to use its regulatory instruments to enhance revenue collection for the Federal Government. Auwalu said the DPR, as a revenue collection agency of government had remitted 1.03 billion dollars to the Federation Account from oil and gas royalties and legacy debts.He said this was achieved through robust regulatory reforms...

The Department of Petroleum Resources (DPR), has said it will continue to use its regulatory instruments to enhance revenue collection for the Federal Government. To this end, the Department as a revenue collection agency of government has remitted $1.03billion to Federation Account from oil and gas royalties and legacy debts through robust regulatory reforms that have been put in pla...

The Department of Petroleum Resources has said more investors are showing interest in establishing modular refineries in the country following the deregulation of petrol. The Director, DPR, Mr Sarki Auwalu, was quoted in a statement on Friday as saying this, adding that seven refineries were already at various levels of completion. He said, “By 2022, Nigeria will become a net expor...

DPR Lagos Zonal Controller, Engr. Lukeman Ayo Cardoso went on a working visit to some Lubricant Plants in Amuwo Odofin Area of Lagos state. The visit by the Controller was to reinforce DPR's philosophy to enable businesses in the oil and gas sector by ensuring compliance with regulations and guidelines by the lubricant producers. Lubricant plants visited are PM Lubricants, Lanre Badmu...

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from  January to August 2020. Mr Sarki Auwalu, Director, DPR  made the disclosure during a visit of the Federal House of Representatives Committee on Petroleum Resources (Upstream) to the DPR headquarters in Lagos on Wednesday. The News Agency o...