…Warns oil Marketers against hoarding during Sallah By Uthman Salami The Director, Department of Petroleum Resources (DPR), Sarki Auwalu, has revealed that for federal government to eliminate fuel subsidies, it would need to find other fuel alternatives. He said this…
By Uthman Salami The Director of Petroleum Resources (DPR), Sarki Auwalu, has warned the federal government that the nation economy will be in despair due to over reliance on oil and gas. He said over 70 per cent of the…
By Sola Olajide The Federal Government on Thursday inaugurated an Alternative Dispute Resolution Center (ADRC) to quicken the resolution of disputes in the oil and gas industry in Lagos. It also inaugurated a six-member Advisory Council and a 20-member Body…
The Department of Petroleum Resources (DPR) has advocated that market forces should be allowed to determine gas prices to guarantee the security of supply and demand of the commodity. Chief Executive Officer, DPR, Mr Sarki Auwalu, disclosed this while presenting…
The Department of Petroleum Resources (DPR) has said it will not hesitate to apply appropriate sanctions on marketers engaged in hoarding of petroleum products in their outlets. Mr Sarki Auwalu, Director, DPR, gave the warning in a statement issued on…
The Department of Petroleum Resources on Monday inaugurated an initiative aimed at tackling accidents associated with oil and gas operations through the use of helicopters to ensure the safety of lives. The Director/Chief Executive Officer, DPR, Mr Sarki Auwalu, while…
Mr Sarki Auwalu, Director, Department of Petroleum Resources (DPR), has said the Federal Government is committed to reactivating all moribund oil and gas support facilities across the country. Auwalu said this was part of the government’s effort to increase domestic…
The Department of Petroleum Resources (DPR) says Nigeria will earn about $500 million from the signature bonuses to be awarded for 57 marginal oilfields in the country. The agency said the bid round processes for the oilfields which began in…
