The Department of Petroleum Resources (DPR), says plans are ongoing to grant Niger Delta Petroleum Resources Ltd. (NDPR) licence to operate its 1000 barrel per day...
By Tony Obiechina and Mathew Dadiya, Abuja The Federal Government has disclosed that it has increased crude oil output from 1.77 million to 2.2 million barrels per day. Recall that Nigeria...
The Department of Petroleum Resources (DPR) on Friday said a combine team of DPR, KEPA and other agencies have recovered mutilated bodies of three more victims...
From Ganiyu Solomon, Lagos Oil prices have extended losses after US President Donald Trump hinted at easing tensions over Iran, with New York prices sliding 4.6...
By Mathew Dadiya, Abuja The Minister of State, Petroleum Resources, Chief Timipre Sylva has said that the ongoing scuffles between the United States of America’s and...
By Mathew Dadiya, Abuja The Federal Government has begun fresh negotiations on the abandoned $16 billion Ogidigben Gas Project with a view to bringing it back on stream. Minister of State for Petroleum Resources, Chief...
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion surplus...
By Mathew Dadiya, Abuja Crude oil prices booked their biggest rise in three years on the last day of 2019, supported by the combined force of...
By Mathew Dadiya, Abuja President Muhammadu Buhari Tuesday, approved the appointment of Mr Sarki Auwalu as substantive Director, Department of Petroleum Resources (DPR) for an initial...
The Nigerian National Petroleum Corporation (NNPC) said it made ₦5.20billion trading surplus for the month of August, reflecting an increase of 22 per cent compared with...
