Use gas for cooking, it’s cheaper, safer, DPR tells Nigerians (Tribune)

Despite the huge gas deposit in the country, particularly the Niger Delta region, Nigeria still ranks one of the lowest Liquefied Petroleum Gas (LPG) consuming nations in the sub-Sahara Africa. Statistics shows that the consumption rate of LPG in the…

DPR shuts 50 illegal filling stations in Akwa Ibom (Independent)

The Department of Petroleum Resources (DPR), Eket office  has  discovered 50 illegal filling stations in  Akwa Ibom state. Mr Tamunoiminabo Kingsley-Sundaye, the Operations Controller of DPR in Akwa Ibom,who disclosed  this yesterday in Eket, said  that the illegal filling stations refused to obtain Federal Government…

FG makes U-turn, says it can’t stop fuel importation 2019 (Independent)

The Federal Government on Monday said the 2019 target date for the stoppage of importation of refined petroleum products into the country was no longer feasible. Ibe Kachikwu, Minister of State for Petroleum Resources, disclosed this at the opening ceremony…

Petrol subsidy rises as NNPC increases imports by 34% (Punch)

The nation imported a total of 15.21 million litres of petrol in the first nine months of this year, up from the 11.33 million litres imported in the same period in 2017. The NNPC has been the sole importer of…

DPR assures Nigerians of Adequate fuel supply (ThisDay)

The Department of Petroleum Resources (DPR) has allayed fears of Nigerians, especially Plateau citizens that there might be scarcity of fuel during the yuletide season. According to the DPR, there is about 30 million litres of fuel in stock at…

Lagos oilfield output drops, further drilling expected in 2019 (Punch)

The Aje field, offshore Lagos, where crude oil production started nearly two and a half years ago, saw its output decline by 75,936 barrels to 912,870 barrels last year, latest data from the Department of Petroleum Resources showed. The field…

Why Nigeria may miss targets for oil reserves (Guardian)

A 10-year target set by the Federal Government to boost crude oil reserves to 40 billion barrels and daily production to four million by 2020 is becoming unrealistic due to uncertainties that decrease investments in the sector. Indeed, instead of…

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