DPR Rolls Out Measures for Oil Industry Survival.

The Department of Petroleum Resources (DPR) has unveiled its strategic plan and policy actions for the survival and success of participants in the nation’s oil and industry post Covid-19. The Director of DPR, Mr. Sarki Auwalu, listed four key areas being pursued by the agency to ensure that the industry comes out of the market […]

Appointments: Is this Northern Nigeria Petroleum Corporation (NNPC)?

The reported lamentation of the leaders of Pan Niger Delta Forum (PANDEF), over the blatant lopsided appointments into top management positions of the Nigerian National Petroleum Corporation (NNPC), deserves attention from the Federal Government with a view to correcting it. The development makes one wonder if the organization has surreptitiously become Northern Nigeria Petroleum Corporation […]

The Oil And Gas Industry Faces A $1.8 Trillion Loss In 2020.

The coronavirus pandemic and the resulting oil price crash are set to wipe out as much as US$1.8 trillion from the revenues of oil and gas exploration and production companies this year – the worst-hit sector in terms of dollar revenue, Fitch Ratings said in a new report. “The critical and expensive nature of oil and […]