DPR Archives - Ibe Kachikwu

2nd June 2021

A.A. Rano, Shafa, Emadeb, Matrix Among Nigeria’s Marginal Oil License Bid Round Winners

On Monday, May 31, 2021, the Nigerian Department of Petroleum Resources (DPR) granted marginal oil field licenses to winning bidders for the 2020 Marginal Oilfield Round in a ceremony held...

1st June 2021

Nigeria: Successful Marginal Rounds Bidders will get award letters from DPR this week

According to the Nigerian Department of Petroleum Resources (DPR) Head of Public Affairs, Paul Osu, the award ceremony for the winning bidders in the 2020 marginal field bid round will...

13th April 2021

Nigeria: Department of Petroleum Resources Refutes License Revocation Reports

Contrary to several reports that the Nigerian Department of Petroleum Resources (DPR) revoked the licenses issued for the establishment of thirty-two (32) refinery projects in the country, a statement signed...

2nd April 2021

Marketers Should be Allowed to Determine Gas Prices in Nigeria – DPR

At the Pre-Summit Conference of the Nigerian International Petroleum Summit (NIPS), on the theme: 'The Decade of Gas – Towards a Gas-Powered Economy’, the Director of the Nigerian Department of Petroleum...

25th March 2021

Bid Winners of Nigeria’s Marginal Oilfield Round Have Started Paying Signature Bonuses

The Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva, said almost 50% of the companies who won the bid for the fifty-seven (57) marginal oilfields have paid their...

8th March 2021

DPR Nigeria Reviews Five Terms in Gas Production Sharing Contracts

At a public hearing at the Nigerian National Assembly organised by the Joint Committee on Gas Resources and Petroleum Resources, Upstream and Downstream, the Chief Executive Officer of the Department...

3rd March 2021

DPR Warns Marketers Against Hoarding Petroleum Products

In a statement issued in Lagos, Nigeria, on Tuesday, 2nd March 2021, the Director of the Department of Petroleum Resources, Auwalu Sarki, said the Department will not hesitate to apply...

23rd February 2021

DPR Calls for Investors in Modular Refineries in Nigeria

Nigeria's Department of Petroleum Resources has wooed investors by stating it is ready to license more modular refineries, to help combat the problem of petroleum products scarcity in the country. Speaking...

3rd January 2021

DPR Passes 161 Bidders to Final Stage of Nigeria’s 2020 Marginal Oilfield Bid Round

Nigeria's Department of Petroleum Resources (DPR) says it has successfully shortlisted 161 companies to advance to the next and final stage of the Country's 2020 Marginal Oilfield Bid Round process for...

22nd November 2020

DPR Introduces New Guidelines for LPG Investors and Operators in Nigeria

The Department of Petroleum Resources in Nigeria (DPR) has rolled out new guidelines for the accommodation of more Liquefied Petroleum Gas (LPG) investors and operators across the country. The Department...