Oil & Energy
PETAN Faults Move To Scrap DPR, PPPRA
The planned scrapping of the Department of Petroleum Resources (DPR) and Petroleum Products Pricing Regulatory Agency (PPPRA) under the Federal Government’s reform in the oil and gas sector would engender growth in the industry.
This was the position of Engr. Emeka Ene, the Chairman, Petroleum Technology Association of Nigeria (PETAN) while speaking in an interview with The Tide in Port Harcourt, Tuesday.
According to Ene, “The move will improve efficiency by creating a one-stop-shop and reduce toll gates that hinder growth in the oil industry”.
The Federal government under its reform programme as enshrined in the current version of the Petroleum Industry Bill (PIB) replaced DPR and PPPRA with Petroleum Technical Bureau (PTB) and Downsteam Petroleum Regulatory Agency.
If the bill is eventually passed, the Federal Government is to offer 30 per cent equity to Nigerians in the unbundled Nigerian National Petroleum Corporation (NNPC) and there will be a total deregulation of the downsteam sector.
As contained in the bill, three months after its signing, the new agencies that would come from NNPC are National Oil Company, National Petroleum Assets management Corporation and National Gas Company.
Nigerians and other investors would according to the bill, have the opportunity to own 30 percent shares in the National Oil Company and 40 per cent shares in the National Gas Company.
Within six years after the incorporation of the two companies, equity would be allowed into the two companies and the authorised shares meant for the public manner on the Nigerian Stock Exchange (NSE).
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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