DPR Warns Against Fuel Hoarding As Fuel Queues Emerge       The Department of Petroleum Resources has warned fuel depot owners against hoarding petroleum products in their facilities, saying it would sanction erring operators. The Director, DPR, Mr Sarki Auwalu, issued the warning on Wednesday in Lagos, according...

DPR Issues Licence For First Floating LNG Production Plant         The Department of Petroleum Resources (DPR) has issued Licence to Establish (LTE), the first floating Liquefied Natural Gas (LNG) production plant to UTM Offshore Ltd., an indigenous oil and gas company. A statement issued on Monday in...

DPR Shortlists 161 Firms For Final Marginal Field Bid Round         The Department of Petroleum Resources (DPR) on Monday said the Federal Government has shortlisted 161 firms for the final stage of the bid round process for country’s 57 marginal oilfields. It depicted a marginal field as...

DPR Outlines 4 Cardinal Focus For Downstream Operations       The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business and create opportunities in the oil and gas sector. A statement signed by Mr...