Oil & Gas

Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.

Port Harcourt refinery to start producing 2.2m litres of diesel, petrol daily soon – FG

The Federal Government has announced that the Port-Harcourt Refinery is gearing up to start generating two million litres of Premium Motor Spirit (petrol)...

NNPCL GCEO Kyari Hinges Wealth Creation on Energy Security

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, says no public wealth creation endeavour can...

Nigeria’s oil exports rose by 60.8% in Q3 of 2023 – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that oil exports increased astronomically by 60.8% in the third quarter of 2023. According...

NNPCL, CBN partner for seamless banking operations

In their bid to foster transparency and seamless commercial operations, the Nigerian National Petroleum Company Limited (NNPCL) and the Central Bank of Nigeria...

NNPCL hits another milestone with 14,000 bpd production from Akpo West Field

The Nigerian National Petroleum Company Limited (NNPCL) has commenced oil production from the Akpo West Field, recording 14,000 barrels per day. According to...

Queues at Abuja filling stations a local problem, will vanish soon, says NNPC GMD

Petrol queues in Lagos: NNPCL allays fear of scarcity, blames queues on resolved distribution issue

The Nigerian National Petroleum Company Limited (NNPCL) says the long queues in some filling stations in Lagos State are due to a “brief...

Climate Change: NNPCL partners U.S. govt, Deloitte to reduce greenhouse gas emissions from OML 34

Africa’s biggest oil company, the Nigerian National Petroleum Company Limited (NNPCL), is seeking to collaborate with the United States Department of State and...

Resolve litigation on $1.3bn Malabu OML 245 deal, Pres. Tinubu orders AGF, Lokpobiri, others

President Bola Tinubu has given a marshing order to the Attorney-General of the Federation and Minister of Justice, Chief Lateef Fagbemi (SAN), the...

Bouyed by Pres. Tinubu’s economic policies, NNPC Ltd. woos South Korean investors for gas projects

Driven by the need to expand the scope of its Liquified Natural Gas (LNG) to the local and international markets, the Nigerian National...

FG expedites talks with Morocco on Nigeria-Morocco gas pipeline project

Nigeria and the Kingdom of Morocco are intensifying discussions to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco...

NNPCL records 214 oil theft cases in one week in Niger Delta

The Nigerian National Petroleum Company Ltd. (NNPCL) says it has recorded at least 214 incidents of oil theft in the past week. The...

NNPCL-facilitated Afreximbank $3.3bln crude oil pre-payment loan to address nation’s FX challenges, says spokesman Soneye

The Nigerian National Petroleum Company Limited (NNPCL) has explained the rationale for its intervention in the $3.3 billion crude oil pre-payment loan it...

NNPCL uncovers 83 illegal refineries in Niger Delta in one week 

The Nigerian National Petroleum Company Ltd (NNPCL) has uncovered 83 illegal refineries and 15 illegal pipeline connections in the Niger Delta in the...

We’ll produce diesel, aviation fuel before January end — Dangote

Diesel and aviation fuel will be produced from the Dangote Refinery in Lekki, Lagos, before the end of January just as it commenced...

NNPCL records N2.5trn highest ever profit in 47 years

The Nigerian National Petroleum Company Ltd (NNPCL) has recorded its highest ever profit since its inception in April 1977. In a document obtained...