Business Hilights

Tracking Nigeria's Headline Business News Online

Department of Petroleum Resources (DPR)

FG partners stakeholders on alternative energy to make 2020 Year of Gas thick

Working on the strategic understanding that partnership with the private sector remains the best bet for government to deepen industry growth, the Federal Government has began talks with gas experts to drive Nigeria’s Year of Gas Revolution. Otherwise, as part…

AKK would open up industrial activities in the northern corridor—Sylva, Kyari

The Minister of State, Petroleum Resources, Chief Timipre Sylva has averred that on completion of the $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline, there are clear chances of unlocking the industrial potentials and activities in the northern corridor. Speaking during the virtual…

COVID-19 may further derail oil licensing round bids this year

Strong indications are rife that the planned oil and gas licensing round bids planned to hold this year may not be a reality after all. Before now, both the Minister of State for Petroleum Resources, Chief Timipre Sylvia and the…

Nigeria year of gas revolution takes off with investors in 45 gas flaring sites

Atmospheric sanity is underway in Niger Delta as Department of Petroleum Resources (DPR) is now in the bidding process for over 200 bidders who are competing for the available identified gas flare sites beginning with 45 sites in Nigeria. Accordingly,…

DPR plans new minimum safety certification for downstream gas vendors

Worried by the endless gas explosion and accidents in parts of the country involving downstream operators, who do business in unsafe outlets, the Department of Petroleum Resources (DPR), is currently structuring what it described as Minimum Industry Safety Training for…

Attention DPR: New scam by digital fuel dispensers’ exposed in Nigeria

For many car owners who will relax on their car seat and answer a fuel attendant the question of ‘How much Sir?’ and be carried away without monitoring the discharge and running of the meter, a victim has opened up…

(Special Report) DPR’s reactionary control of LPG sector costing lives

For decades, the Department of Petroleum Resources (DPR), the agency of the government in charge of regulating activities in the Nigerian gas sector had been known for reaction rather than being proactive especially in the LPG gas plant segment. This…

New DPR boss, Auwalu assures decades of oil exploration in Nigeria

Newly appointed Director, Department of Petroleum Resources (DPR), Engr Sarki Auwalu, has reassured that contrary to some expert claims that Nigeria’s oil resources are nearing the end of their shelf life in the next 10 years, the resources will serve…

New Director of DPR visits Minister, assures hard work, efficiency

The new substantive Director, Department of Petroleum Resources (DPR), Mr Sarki Auwalu, Thursday, paid an official visit to the Minister of State, Petroleum Resources, Chief Timipre Sylva in his Office. Received by the Technical Adviser (TA) – Gas Business &…

DPR intensifies shutdown of LPG plants breaching safety standards in Lagos

…As Reps urges clampdown on plant illegalities in cities Wednesday was hot for operators of Liquefied Petroleum Gas (LPG) plants that fall short of minimum operating standards and non-compliance to international allowable standards set by the Department of Petroleum Resources…