Oil workers under the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), warned the Federal Government to desist from its plans to scrap the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Pricing Regulatory Agency (PPPRA) other agencies in the...

The Senate has asked the Department of Petroleum Resources to henceforth prepare and forward to it daily records of oil and gas production and sale in the country. The Senate Committee on Petroleum (Upstream) said the records must be submitted to it every month. The records...

Three major revenue collecting agencies of the federal government have shared a total of N142.6 billion between June 2015 and May 2016. This is the cost of revenue collected by the Nigeria Customs Service (NCS), the Federal Inland Revenue Service (FIRS) and the Department...

The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio has explained how the Department of Petroleum Resources (DPR) undervalued eight Oil Mining Leases (OMLs) belonging to the Nigerian National Petroleum Corporation (NNPC). Speaking recently when he visited the Corporate Head...

Department of Petroleum Resources, DPR, has issued 21 licences to investors to establish new refineries in the country Four investors had earlier been issued licences to construct new plants in the country. This was disclosed by DPR in a statement at the weekend. The statement...