Industry

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…
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Minister of state for Petroleum Resources, Chief Timipre Sylva, will Thursday launch the $50million Research and Development Fund utilisation protocol in the nation’s oil and gas industry.  He will be launching the Nigerian Content…
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Nigeria's crude oil reserves declined by about 600 million barrels on the back of reducing investments in the last few years, industry data on the matter has revealed. Information from the British Petroleum (BP) Statistical Review,…
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The Department of Petroleum Resources (DPR)has allayed fears of some residents of Tirwun quaters in Bauchi metropolis over citing of five gas plants. Malam Abdullahi Iliyasu, the operations controller of the DPR made this known in…
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The amount spent on the importation of Premium Motor Spirit (petrol) in the first half of this year jumped to N1.47tn, which is more than 73 per cent of what was incurred in the whole of last year. The N1.47tn is about 86 per cent…
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President and Chief Executive of the Dangote Group of Industries, Aliko Dangote has revealed plans to increase the human capacity at Dangote Refinery Project site from 40,000 to 57,000 personnel in the coming months. According to…
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Governor of Delta State, Dr. Ifeanyi Okowa, has described the phase one of infrastructure projects donated to the Nigerian Maritime University in Okerenkoko, Delta State by The Shell Petroleum Deveopment Company of Nigeria Limited…
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The Society of Petroleum Engineers (SPE) Abuja Section, in keeping with its aims and objectives, has expanded its scope reaching out to kids with a view to encouraging lifelong learning among all ages. This is in partnership with…
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The Federal Government will initiate criminal investigations, prosecution and funds recovery against contractors, firms and politicians indicted by the forensic audit of the Niger Delta Development Commission (NDDC). President…
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The Minister of Niger Delta Affairs, Senator Godswill Akpabio has said the Forensic Audit Report of the Niger Delta Development Commission (NDDC) indicated that there are over 13,000 abandoned projects within the coastal region. …
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