President Muhammadu Buhari on Thursday inaugurated the National Oil and Gas Excellence Centre (NOGEC) Lagos, aimed at strengthening Nigeria’s position as a regional leader in the oil and gas industry. Buhari said the establishment of NOGEC, situated at the Lagos Annex of the Department of Petroleum Resources (DPR), would enhance safety, value and cost efficiency in Nigeria’s petroleum sector. He said: “NOGEC aligns with the administration’s commitment to fostering stability, growth and sustainability of the...

The Minister of State for Petroleum Resources, Mr. Timipreye Sylva, said that the refinery rehabilitation exercise would be completed soon. He made this known during an interaction with members of the Nigeria Guild of Editors (NGE) in Abuja on Tuesday. “Apart from the completion of the plant equipment inspection and integrity study conducted since December 2019 as part of the phase one of the Port Harcourt refinery rehabilitation, the Nigerian National Petroleum Corporation (NNPC), on...

The Department of Petroleum Resources (DPR), Osogbo Field Office, has warned residents of the state against panic buying, hoarding and storing of petroleum products at home during the Yuletide period. Mr Benjamin Ogunnubi, the DPR Operations Controller in Osun, gave the warning in an interview with the News Agency Nigeria (NAN) on Thursday in Osogbo. Ogunnubi said there was no cause for panic buying, as the Federal Government had made adequate provision for availability of...