DPR Issues Oil Sector Survival Strategic Plan     The Department of Petroleum Resources has outlined some strategic plans that would guarantee the survival of Nigeria’s oil industry post COVID-19 pandemic. DPR’s Director, Sarki Auwalu, disclosed some of the plans while speaking during a webinar entitled ‘Nigeria Oil...

FG Extends Deadline For Marginal Oilfield Bids To June 21     The Department of Petroleum Resources (DPR) thursday extended by one week, the deadline to register to bid for Nigeria’s marginal oilfields, which will now close on June 21. The DPR launched the first marginal field award...

Petrol Price: DPR Shuts Down Non-compliant Filling Stations   The Department of Petroleum Resources is enforcing the new price range of N121.5 to N123.5/litre for petrol at filling stations across the country and has shut down errant outlets selling above the stipulated rate. It was gathered that...

Fed Govt Bars Debtors From Bidding For Oil Fields     Companies, including their promoters, indebted to the Federal Government will not be allowed to participate in the newly launched bid round for marginal oilfields, the Department of Petroleum Resources has said. The DPR, in a document obtained...

FG Invites Investors To Bid For 57 Oil Fields     The Federal Government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part of efforts to develop oil and gas discoveries that had been left unattended to for many...

DPR Yet To Issue Guidelines On Marginal Field Bid Rounds   The Federal Government, through the Department of the Petroleum Resources (DPR), yesterday, said it is yet to issue guidelines on the proposed bid rounds in Nigeria’s marginal oil fields, adding that such exercise cannot be...