Industry

...Plans roadshow to showcase initiatives -By Saidu Abubakar Considering that the university community represents a key constituency in the implementation of Research and Development initiatives, the Executive Secretary of the…
Read More...

*Launches $50m R&D Fund By Saidu Abubakar Minister of State for Petroleum Resources, Chief Timipre Sylva has admonished underfunding of R&D as being reflective on Nigeria's overdependence on foreign goods and services,…
Read More...

The Department of Petroleum Resources (DPR) has said that optimising Nigeria’s oil production processes remains a critical factor in the nation’s economic recovery drive and getting the full benefits of the country’s resources. A…
Read More...

*Attracts over N255bn local investments By Teddy Nwanunobi The Oil and Gas Free Trade Zones Authority (OGFZA) has disclosed that it attracted $16.6 billion foreign direct investments into the nation’s economy, between 2001 and…
Read More...

The decline was mainly attributed to the issues at Forcados, which slumped to 95,694 bpd in August from 218,196 bpd in July By Teddy Nwanunobi (with agency report) Nigeria’s crude oil production, according to an S&P Global…
Read More...

By Saidu Abubakar The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Thursday, formally launched a $50 million research and development fund, known as the Nigerian Content Research and Development Fund…
Read More...

Following up on President Muhammadu Buhari’s recent announcement of the declaration of two hundred and eighty seven billion Naira (N287bn) Profit After Tax (PAT) in year 2020 by the Nigerian National Petroleum Corporation (NNPC),…
Read More...

By Teddy Nwanunobi The Department of Petroleum Resources (DPR) is close to ramping up Nigeria’s 36.9 billion barrels of crude oil reserves by an additional 14 billion barrels, and its gas reserves by an additional 68 Trillion Cubic…
Read More...

Industry synergy and intra-agency collaboration were top on the agenda, as the GMD NNPC, Mallam Mele Kyari today led the Corporation’s Top Management on an official visit to the Director/CEO of the Department of Petroleum Resources (DPR),…
Read More...

By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has identified six pillars critical to its strategy for Maximum Economic Recovery (MER) for Nigeria’s oil and gas industry. Engr. Sarki Auwalu, the DPR Director and…
Read More...