Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. Brent crude was up $1.14 or 1.5…
The Department of Petroleum Resources (DPR) has said that the Federal Government’s plans to increase the nation’s oil and gas reserves, are on course and being boosted by strategic policies and programmes. The Head, Public Affairs, Mr Paul Osu, of…
The Department of Petroleum Resources (DPR) says the reorganisation of the agency is in line with the Federal Government’s aspirations for the oil and gas industry and to ensure delivery of its regulatory mandate. Mr Paul Osu, Head, Public Affairs,…
Major stakeholders in the oil and gas industry in the country have been charged to embrace the adoption of modern technologies as recipes for facilitating energy security as well as sustainable development in Nigeria. This emphasis was brought during the…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says promoting digital transformation in the nation’s oil and gas industry will boost profitability and efficiency. Sylva stated this while delivering the graduation lecture at the National Defence College Course…
By Uthman Salami The Department of Petroleum Resources (DPR) has said that the Federal Government is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value from oil and gas resources. The Director, DPR, Sarki Auwalu, made…
By Agency Report The Minister of Women Affairs, Dame Pauline Tallen, has urged female members of Petroleum and Natural Gas Staff Association of Nigeria (PENGASSAN) to work hard and assume highest leadership positions in the oil and gas sector in…
The Minister of Petroleum Resources, Timipre Sylva, has said oil will not lose relevance in the future energy mix. He also said that the Organization of Petroleum Exporting Countries, OPEC itself would continue to be a force to be reckoned…
The Organisation of Petroleum Exporting Countries on Tuesday kicked against calls for the discontinuation of investments in the oil and gas industry, describing such calls as dangerous. Secretary-General, OPEC, Sanusi Barkindo, spoke in a keynote address on ‘Global oil market…
By Uthman Salami The Department of PetroleumResources (DPR) has reeled out five critical strategies to develop the Nigerian oil and gas sector for economic stability and growth. The Director and Chief Executive Officer, DPR, Mr Sarki Auwalu, made this disclosure…
