{"id":28421,"date":"2018-11-27T13:25:16","date_gmt":"2018-11-27T12:25:16","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=28421"},"modified":"2018-11-27T13:25:16","modified_gmt":"2018-11-27T12:25:16","slug":"nigeria-has-lost-its-most-valued-oil-buyers-dpr","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/","title":{"rendered":"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR"},"content":{"rendered":"

Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum Resources said on Monday.<\/p>\n

The Director, DPR, Mr Mordecai Ladan, said the oil and gas industry seemed to be under a new threat, which he described as the renewed dislike and global war against fossil fuels and the quest for renewable and cleaner energy.<\/p>\n

\u201cOver the years, the threat against fossil fuels had always been on paper, but today, it is more real than ever, based on some clear evidence I like to draw our attention to,\u201d he said at the 18th edition of the International HSE Biennial Conference on the Oil and Gas Industry in Nigeria.<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

He said three among the biggest technology companies, including Google and Apple, had made attempts at electric cars to replace petrol and diesel engines, with that of Tesla taking the world by surprise.<\/p>\n

Ladan said, \u201cNot only did the first two releases of Tesla outsell sales forecasts, they were actually oversubscribed, and the demand keeps rising while new models are being added. As we speak, some of the big international oil companies here seated are funding gigantic researches into alternative fuels, which include the use of cheap, common algae.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum Resources said on Monday. The Director, DPR, Mr Mordecai Ladan, said the oil and gas industry seemed to be under a new threat, which he described as the renewed dislike and …<\/p>\n","protected":false},"author":6,"featured_media":23606,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[2058],"coauthors":[2391],"class_list":["post-28421","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-crude-oil-exports"],"yoast_head":"\nNigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR - National Wire<\/title>\n<meta name=\"description\" content=\"Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR - National Wire\" \/>\n<meta property=\"og:description\" content=\"Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-27T12:25:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/05\/Oil-platform-e1451947252563.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"295\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/05\/Oil-platform-e1451947252563.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/05\/Oil-platform-e1451947252563.jpg\",\"width\":400,\"height\":295,\"caption\":\"Nigeria\u2019s oil production, including condensates, increased to 2.07 million barrels per day (bpd) last month from 2.02 million bpd in March. It rose by 11 per cent from the level it was in April 2017 acordingto Platts report, citing estimates from the Ministry of Petroleum Resources.\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/\",\"name\":\"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#primaryimage\"},\"datePublished\":\"2018-11-27T12:25:16+00:00\",\"dateModified\":\"2018-11-27T12:25:16+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR - National Wire","description":"Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/","og_locale":"en_US","og_type":"article","og_title":"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR - National Wire","og_description":"Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum","og_url":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/","og_site_name":"National Wire","article_published_time":"2018-11-27T12:25:16+00:00","og_image":[{"width":400,"height":295,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/05\/Oil-platform-e1451947252563.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/05\/Oil-platform-e1451947252563.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/05\/Oil-platform-e1451947252563.jpg","width":400,"height":295,"caption":"Nigeria\u2019s oil production, including condensates, increased to 2.07 million barrels per day (bpd) last month from 2.02 million bpd in March. It rose by 11 per cent from the level it was in April 2017 acordingto Platts report, citing estimates from the Ministry of Petroleum Resources."},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/","name":"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#primaryimage"},"datePublished":"2018-11-27T12:25:16+00:00","dateModified":"2018-11-27T12:25:16+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/nigeria-has-lost-its-most-valued-oil-buyers-dpr\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"Nigeria Has Lost Its Most Valued Oil Buyers \u2013 DPR"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/28421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=28421"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/28421\/revisions"}],"predecessor-version":[{"id":28422,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/28421\/revisions\/28422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/23606"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=28421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=28421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=28421"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=28421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}