DPR to sanction operators for non-compliance to production data
With about 2,616 wells accounting for Nigeria’s daily oil production, the Department of Petroleum Resources (DPR), has said it will sanction erring operators in the oil and gas industry who fail to report their operations into the National Production Monitoring System (NPMS).
DPR uncovers fuel smuggling depot in Adamawa Fulani settlement
The Department of Petroleum Resources (DPR) yesterday said it had discovered smuggling depot of petroleum products in a Fulani settlement in a rural village in Mubi-South Local Council of Adamawa State near the Republic of Cameroun border.
DPR reiterates zero tolerance to infractions, lifts Petrocam’s sanctions
The Department of Petroleum Resources (DPR), yesterday, reiterated its stance about non-tolerance of acts of infractions from licensed operators, even as it lifted the sanctions meted on a downstream marketing company, Petrocam Trading Nig. Ltd., for violating the agency’s rules and regulations.
Stakeholders seek closure of illegal plants, retail outlets
Petroleum stakeholders have urged the Department of Petroleum Resources (DPR) and other regulatory agencies to close all illegal plants, retail outlets and facility layouts that did not adhere strictly to safety procedures. They maintained that such closure would enable the agencies review their operations and ensure proper location of ignition sources such as generator and…
Buhari revokes five oil mining, prospecting licences
President Muhammadu Buhari has revoked four oil mining and one prospecting licences. The Department of Petroleum Resources (DPR), which communicated the decision in a statement yesterday, said the revocation came on the backdrop of alleged non-compliance with statutory regulatory obligations.
Kachikwu, others seek sale of refineries to local, foreign investors
Minister of State for Petroleum Resources, Ibe Kachikwu, and other critical stakeholders have urged the Federal Government to sell the nation’s moribund refineries to interested local and foreign investors. The minister and other experts, drawn from his ministry as well as those of the Ministries of Budget and National Planning, the Department of Petroleum Resources…
Nigeria offers 43 licences for large, modular refineries
The Federal Government has disclosed that about 43 refineries, including large scale and modular refineries have been licensed to refine...
DPR seals 14 fuel stations in Sokoto, Kebbi
The Department of Petroleum Resources (DPR) says it has sealed 14 fuel service stations in Sokoto and Kebbi states for selling above control price and suspected diversion of products.
DPR to shut stations hiking petrol price in Bayelsa
The Department of Petroleum Resources (DPR) in Bayelsa State has vowed to sanction marketers selling the Premium Motor Spirit (PMS) above 145 per litre. It was irked by the sudden hike in the price of PMS (petrol) to N160 per litre and above in Yenagoa. Arising from a meeting with petrol marketers in the state,…