April 9, 2013
Injustice! How Babangida, Abacha, Obasanjo, Shared Nigeria’s Oil Blocks – IndepthAfrica

The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of…

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April 9, 2013
DPR to revoke licences of undeveloped Oil Marginal Fields – ThisDay

THE Department of Petroleum Resources (DPR) has given owners of under-developed marginal fields the next one-year to put the fields into production or lose their operating licences granted by the agency.Director of DPR, Osten Olorunsola, who disclosed this at the weekend, at the official launch of a new Oil and Gas online weekly publication tagged…

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