DPR – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Fri, 26 Jan 2024 21:43:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png DPR – InfoStride News https://www.theinfostride.com 32 32 Former DPR Boss, Andrew Osuno, Expresses Deep Concerns Over Substantial Drop in Oil Production https://www.theinfostride.com/former-dpr-boss-andrew-osuno-expresses-deep-concerns-over-substantial-drop-in-oil-production/ https://www.theinfostride.com/former-dpr-boss-andrew-osuno-expresses-deep-concerns-over-substantial-drop-in-oil-production/#respond Fri, 26 Jan 2024 21:43:04 +0000 https://www.theinfostride.com/?p=368785 In a compelling commentary on the current state of Nigeria’s oil and gas sector, Mr. Andrew Osuno, the esteemed former Director of the Department of Petroleum Resources (DPR), has voiced significant apprehensions regarding the noticeable decline in oil production. His insights underscore the intricate challenges facing the nation’s critical industry and emphasize the urgent need [...]

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]]> https://www.theinfostride.com/former-dpr-boss-andrew-osuno-expresses-deep-concerns-over-substantial-drop-in-oil-production/feed/ 0 Nigerian government dissolves DPR, PPPRA, PEF as new oil agencies takes over https://www.theinfostride.com/nigerian-government-dissolves-dpr-pppra-pef-as-new-oil-agencies-takes-over/ https://www.theinfostride.com/nigerian-government-dissolves-dpr-pppra-pef-as-new-oil-agencies-takes-over/#respond Thu, 21 Oct 2021 19:47:57 +0000 https://www.theinfostride.com/?p=310903 The federal government says it has removed three oil sector agencies as required under the new petroleum law. Under the Petroleum Industry Act, enacted in August, the Department of Petroleum Resources (DPR), the Petroleum Products Pricing Regulatory Agency (PPPRA), and the Petroleum Equalisation Fund (PEF) no longer exist. They are actively replaced by the Nigerian [...]

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]]> https://www.theinfostride.com/nigerian-government-dissolves-dpr-pppra-pef-as-new-oil-agencies-takes-over/feed/ 0 DPR to still function as business enabler for NNPC to give worth to Nigerians https://www.theinfostride.com/dpr-to-still-function-as-business-enabler-for-nnpc-to-give-worth-to-nigerians/ https://www.theinfostride.com/dpr-to-still-function-as-business-enabler-for-nnpc-to-give-worth-to-nigerians/#respond Thu, 09 Sep 2021 20:36:05 +0000 https://www.theinfostride.com/?p=307663 The Department of Petroleum Resources (DPR) has said that it is willing to still play its support role to the Nigerian National Petroleum Corporation (NNPC) as a business enabler to deliver value to Nigerians. This is as the oil and gas regulator has expressed its commitment to oil exploration in the country and appreciates the [...]

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]]> https://www.theinfostride.com/dpr-to-still-function-as-business-enabler-for-nnpc-to-give-worth-to-nigerians/feed/ 0 59 illegal gas plants get shut down in Lagos by DPR https://www.theinfostride.com/59-illegal-gas-plants-get-shut-down-in-lagos-by-dpr/ https://www.theinfostride.com/59-illegal-gas-plants-get-shut-down-in-lagos-by-dpr/#respond Sat, 04 Sep 2021 18:35:29 +0000 https://www.theinfostride.com/?p=307221 The illegal Liquefied Petroleum Gas (LPG) plants were shut down for various reasons ranging from operating within densely populated areas and other approved locations to operating without approval from DPR and contravening the DPR guidelines for the establishment of LPG refilling plants and retail outlets among others. This disclosure was made by the Assistant Director, [...]

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]]> https://www.theinfostride.com/59-illegal-gas-plants-get-shut-down-in-lagos-by-dpr/feed/ 0 FG attracts $500m to gas value chain through network code https://www.theinfostride.com/fg-attracts-500m-to-gas-value-chain-through-network-code/ https://www.theinfostride.com/fg-attracts-500m-to-gas-value-chain-through-network-code/#respond Wed, 11 Aug 2021 17:10:06 +0000 https://www.theinfostride.com/?p=303579 The Department of Petroleum Resources (DPR) has stated that the Nigerian Gas Transportation Network Code (NGTNC) introduced last year to guide open access transportation of natural gas, has already attracted investment proposals of over $500 million. According to the Director, DPR, Sarki Auwalu, so far, the Department has received investment proposals for power generation, ammonia [...]

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]]> https://www.theinfostride.com/fg-attracts-500m-to-gas-value-chain-through-network-code/feed/ 0 DPR deploys inventory tool to check PMS diversion among 33,000 stations https://www.theinfostride.com/dpr-deploys-inventory-tool-to-check-pms-diversion-among-33000-stations/ https://www.theinfostride.com/dpr-deploys-inventory-tool-to-check-pms-diversion-among-33000-stations/#respond Fri, 06 Aug 2021 21:43:46 +0000 https://www.theinfostride.com/?p=303148 …sets December deadline for fuel stations’ DRMS registration As subsidy costs weigh down government interventions due to rising consumption of premium motor spirit (PMS) occasioned by smuggling and sharp practices in the downstream sector, the Department of Petroleum Resources (DPR) has set a December deadline for filling stations to register on its Downstream Remote Monitoring [...]

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]]> https://www.theinfostride.com/dpr-deploys-inventory-tool-to-check-pms-diversion-among-33000-stations/feed/ 0 FG targets maximum value from oil, gas assets’ recovery https://www.theinfostride.com/fg-targets-maximum-value-from-oil-gas-assets-recovery/ https://www.theinfostride.com/fg-targets-maximum-value-from-oil-gas-assets-recovery/#respond Wed, 04 Aug 2021 22:19:01 +0000 https://www.theinfostride.com/?p=302957 The Department of Petroleum Resources (DPR) has said it is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value from its oil and gas resources. The Director, DPR, Sarki Auwalu, during a keynote address at the 2021 Society of Petroleum Engineers (SPE) Nigeria yearly International Conference and Exhibition (NAICE) yesterday, in [...]

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]]> https://www.theinfostride.com/fg-targets-maximum-value-from-oil-gas-assets-recovery/feed/ 0 Nigeria’s gas commercialisation in limbo as commodity price soars https://www.theinfostride.com/nigerias-gas-commercialisation-in-limbo-as-commodity-price-soars/ https://www.theinfostride.com/nigerias-gas-commercialisation-in-limbo-as-commodity-price-soars/#respond Sat, 31 Jul 2021 14:58:48 +0000 https://www.theinfostride.com/?p=302542 Plans by the Federal Government to end gas flaring through a commercialisation arrangement has remained in limbo as the global price of natural gas witnessed over 60 per cent increase. The price stability may indeed push the price to almost the same amount the commodity last traded in 2018, thanks to blue hydrogen and reduction [...]

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]]> https://www.theinfostride.com/nigerias-gas-commercialisation-in-limbo-as-commodity-price-soars/feed/ 0 PIB: Nigerian government to limit petrol importation to local refiners https://www.theinfostride.com/pib-nigerian-government-to-limit-petrol-importation-to-local-refiners/ https://www.theinfostride.com/pib-nigerian-government-to-limit-petrol-importation-to-local-refiners/#respond Tue, 13 Jul 2021 06:56:35 +0000 https://www.theinfostride.com/?p=300550 The senate has recommended that the importation of Premium Motor Spirit (PMS), popularly known as petrol, be limited to holders of local refining licence. This is according to the Petroleum Industry Bill (PIB) passed by the senate. Holders of crude oil refining licences in Nigeria include Dangote Oil Refinery Company, Waltersmith Refining & Petrochemical Company [...]

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]]> https://www.theinfostride.com/pib-nigerian-government-to-limit-petrol-importation-to-local-refiners/feed/ 0 DPR seals 30 filling stations, eight gas plants in Akwa Ibom https://www.theinfostride.com/dpr-seals-30-filling-stations-eight-gas-plants-in-akwa-ibom/ https://www.theinfostride.com/dpr-seals-30-filling-stations-eight-gas-plants-in-akwa-ibom/#respond Sat, 10 Jul 2021 03:17:51 +0000 https://www.theinfostride.com/?p=300187 The Department of Petroleum Resources has sealed 30 filling stations and eight liquefied Petroleum Gas outlets for various offences in Akwa Ibom. The state Operations Controller of DPR, Victor Ohwodiasa, said this when he spoke with newsmen in Eket, headquarters of Eket Local Government Area of the state on Thursday. Ohwodiasa said the filling stations [...]

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]]> https://www.theinfostride.com/dpr-seals-30-filling-stations-eight-gas-plants-in-akwa-ibom/feed/ 0 DPR to open mini gas distribution centres across all local council areas https://www.theinfostride.com/dpr-to-open-mini-gas-distribution-centres-across-all-local-council-areas/ https://www.theinfostride.com/dpr-to-open-mini-gas-distribution-centres-across-all-local-council-areas/#respond Sun, 13 Jun 2021 09:51:28 +0000 https://www.theinfostride.com/?p=297073 The Department of Petroleum Resources (DPR) says it is planning to launch liquified natural gas (LNG) micro-distribution centres across the 774 local government areas (LGAs). Sarki Auwalu, director of DPR, disclosed this on Thursday during the 2021 Nigeria International Petroleum Summit in Abuja. In April 2021, Timipre Sylva, minister of state for petroleum resources, said [...]

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]]> https://www.theinfostride.com/dpr-to-open-mini-gas-distribution-centres-across-all-local-council-areas/feed/ 0 DPR puts under lock and key ‘adulterated’ kerosene outlet in Calabar https://www.theinfostride.com/dpr-puts-under-lock-and-key-adulterated-kerosene-outlet-in-calabar/ https://www.theinfostride.com/dpr-puts-under-lock-and-key-adulterated-kerosene-outlet-in-calabar/#respond Sun, 13 Jun 2021 09:00:15 +0000 https://www.theinfostride.com/?p=297067 The Department of Petroleum Resources (DPR) in Cross River has sealed a retail outlet, Chizioba Ventures, for allegedly selling adulterated kerosene. The outlet, which was shut down by the DPR, is located at number 65, Edgerdley Road in Calabar South. A statement on Friday in Calabar signed by the Operations Controller of DPR in the [...]

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]]> https://www.theinfostride.com/dpr-puts-under-lock-and-key-adulterated-kerosene-outlet-in-calabar/feed/ 0 Renewed exploration pushes Nigeria’s gas reserves to 206.53tcf https://www.theinfostride.com/renewed-exploration-pushes-nigerias-gas-reserves-to-206-53tcf/ https://www.theinfostride.com/renewed-exploration-pushes-nigerias-gas-reserves-to-206-53tcf/#respond Sat, 12 Jun 2021 06:23:14 +0000 https://www.theinfostride.com/?p=296951 Nigeria’s proven gas deposits has risen to 206.53 trillion cubic feet (tcf) from the 203.16tcf declared last year, the Department of Petroleum Resources (DPR) said yesterday, in Abuja. Speaking at the Nigeria International Petroleum Summit, Director of DPR, Auwalu Sarki disclosed that indigenous oil, and gas companies were now contributing as much as 33 per [...]

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]]> https://www.theinfostride.com/renewed-exploration-pushes-nigerias-gas-reserves-to-206-53tcf/feed/ 0 NEITI finalizes pact with NNPC, DPR on contract transparency https://www.theinfostride.com/neiti-finalizes-pact-with-nnpc-dpr-on-contract-transparency/ https://www.theinfostride.com/neiti-finalizes-pact-with-nnpc-dpr-on-contract-transparency/#respond Sat, 05 Jun 2021 09:36:45 +0000 https://www.theinfostride.com/?p=296042 In a move towards deepening transparency, the Nigeria Extractive Industries Transparency Initiative (NEITI) has secured the trust of the Department of Petroleum Resources (DPR) and the Nigerian National Petroleum Corporation (NNPC) to ensure that the terms of all contracts signed in the petroleum sector are open and totally accessible to Nigerians as required by the [...]

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]]> https://www.theinfostride.com/neiti-finalizes-pact-with-nnpc-dpr-on-contract-transparency/feed/ 0 DPR awards marginal oilfields to 50% of shortlisted firms https://www.theinfostride.com/dpr-awards-marginal-oilfields-to-50-of-shortlisted-firms/ https://www.theinfostride.com/dpr-awards-marginal-oilfields-to-50-of-shortlisted-firms/#respond Fri, 04 Jun 2021 15:44:26 +0000 https://www.theinfostride.com/?p=295851 Nigeria has awarded the rights to develop marginal oilfields to 50% of the 161 firms shortlisted after they met all the conditions, the petroleum regulator said on Tuesday. Nigeria is looking to production from the fields to bolster state finances and increase local participation in the oil sector, which provides the bulk of the country’s [...]

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]]> https://www.theinfostride.com/dpr-awards-marginal-oilfields-to-50-of-shortlisted-firms/feed/ 0 Fuel Scarcity: DPR Sets Up 24-Hour Special Task Force To Monitor Depots, Filling Stations https://www.theinfostride.com/fuel-scarcity-dpr-sets-up-24-hour-special-task-force-to-monitor-depots-filling-stations/ Fri, 25 Dec 2015 12:40:24 +0000 http://www.theinfostride.com/?p=115260 A 24-hour special task force has been setup by the Department of Petroleum Resources (DPR) to supervise and monitor petrol sales at depots and stations. It said the task force would sanction depots and stations selling above the recommended price. Assistant Director, Public Affairs in DPR, Mrs Dorothy Bassey,  disclosed this in telephone interview with [...]

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]]> IPMAN Gives DPR Condition To Sell Petrol At Official Pump Price | #News https://www.theinfostride.com/ipman-gives-dpr-condition-to-sell-petrol-at-official-pump-price-news/ Sun, 30 Aug 2015 15:30:40 +0000 http://www.theinfostride.com/2015/08/ipman-gives-dpr-condition-to-sell-petrol-at-official-pump-price-news/ The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it would comply with the directive of the Department of Petroleum Resources to sell Premium Motor Spirit at the official pump price of N87 per litre on the condition that depots sell to its members at N77.66 per litre. The Rivers Chairman of IPMAN, Mr. [...]

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]]> DPR Sanctions NNPC, Forte Oil, Others For Flouting Regulation | #Nigeria https://www.theinfostride.com/dpr-seals-nnpc-forte-oil-others-for-flouting-regulation-nigeria/ Tue, 25 Aug 2015 09:30:37 +0000 http://www.theinfostride.com/2015/08/dpr-seals-nnpc-forte-oil-others-for-flouting-regulation-nigeria/ The Department of Petroleum Resources (DPR) has sanctioned some filling stations, including NNPC, Forte Oil, Mobil and some others, for selling petrol and kerosene above regulated prices, and under-dispensing, among other infractions. The infractions were uncovered during an oversight inspection carried out last week by the petroleum industry regulator in the Lagos Zone of operations [...]

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