DPR Shuts 11 Illegal Gas Plants, Petrol Stations In Abuja             The Department of Petroleum Resources (DPR) has sealed 11 illegal gas plants as well as seven filling stations over various sharp practices in Abuja, Nigeria’s seat of government. The raided plants selling mainly Liquefied Petroleum Gas(LPG)...

DPR Targets N3.2trn Revenue By December             The Federal Government, through the Department of Petroleum Resources (DPR) has said it will generate N3.2 trillion revenue by the end of December this year. With improved revenue outlook, including signature bonuses, the Chief Executive Officer of DPR, Sarki Auwalu...

Fed Govt Seeks Active Exploration For New Oil, Gas Resources       The Department of Petroleum Resources has said the Federal Government will promote active exploration for new oil and gas resources in the country as it seeks to ramp up reserves to 50 billion barrels. The DPR...

Fed Govt Targeting 50bn-barrel Oil Reserves – DPR       The target of the Federal Government is to increase Nigeria’s oil reserves from 36.91 billion barrels to 50 billion barrels in the short to medium term, the Department of Petroleum Resources announced on Monday. Director/Chief Executive, DPR, Sarki...

DPR Shut Down 103 Illegal Filling Stations       The Department of Petroleum Resources (DPR) has sealed 103 illegal filling stations and 13 gas plants in Lagos State. The filling stations and gas plants located on the mainland and island axis in Lagos were shut for operating without...

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low       The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest in six years. Royal Dutch Shell said on Wednesday that its subsidiaries in Nigeria paid...