Business Hilights

Tracking Nigeria's Headline Business News Online

Sarki Auwalu

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 advancing from gas to power to ‘gas to people of Nigeria’—DPR

More accolades have continued to greet the activation of the national gas flare commercialisation programme by the Department of Petroleum Resources (DPR) as Nigeria to kick off gas flare commercialisation from 45 sites. In his remarks at the Lagos gas…

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…

(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…