264.9mb Of Oil Deferred From Nigeria’s Oil Fields, DPR Claims The Department of Petroleum Resources (DPR) has said that in 2017, a total of 264,938,662 barrels of crude oil were stopped from getting out of oil fields in the country into export terminals due to...

FG Revokes 5 Companies’ Oil Block Licences Over Debts The Federal Government has revoked the oil block licences of five companies, including a firm founded by late Chief Moshood Abiola. The Department of Petroleum Resources, in a public notice on Thursday, indicated that the licences were...

Nigeria’s Gas Reserves Hit 200.79 tcf - DPR Nigeria’s gas reserves have increased by 7.3 per cent from 187 trillion cubic feet to 200.79 tcf, according to the Director of Department of Petroleum Resources, Mr Mordecai Ladan. He stated this at a technical workshop organised by...

In Six Months, DPR Collected N612bn Revenue - Report   The Department of Petroleum Resources (DPR) collected a total revenue of N612.73bn for services rendered in the first six months of 2018, its latest report on the major achievements made last year showed. It was gathered that...

Nigeria To Run Out Of Oil In 52 Years, Says DPR If new crude oil discoveries are not made to add to Nigeria’s current reserves of 36.971 billion barrels (bbls), the country will run out of oil in about 52 years, the Department of Petroleum...

DPR, Task Force To Stop Substandard Petroleum Products The Department of Petroleum Resources, Bayelsa State office, says it has partnered the Presidential Task Force to tackle the problems of illegal refining and production of substandard petroleum products in the state. The Public Relations Officer, DPR, Yenagoa...