Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
6 things you should know about groundbreaking of NNPCL 1,350 MW Gwagwalada Independent Power Plant Project
President Bola Ahmed Tinubu.on Friday performed the groundbreaking of the Nigerian National Petroleum Company Limited (NNPCL) 1,350 MW Independent Power Project at Gwagwalada...
Clean energy: NNPCL to bolster its gas development, transportation projects — Kyari
In a bid to attain United Nations Sustainable Development Goal (SDG) Goal 7 of clean energy, the Group Chief Executive Officer of the...
NNPCL’s post-PIA consolidation deals, crude oil production benchmark, foreign investment, freeing the entity from govt. control: An assessment
Prior to the inauguration of the Petroleum Industry Bill (PIB) and its signing into law, the nation’s oil industry was a cesspool of...
Cooking gas price set to crash as NNPCL partners UTMOL
“The collaborative initiative will result in the creation of 3,000 direct employment and an additional 4,000 indirect employment” In its bid to make...
Market price: NNPCL not responsible for sudden raise in petrol pump price — Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kyari, said on Tuesday that the increase in...
Petrol pump price moves up to N617
Oil marketers on Tuesday increased petrol pump price shockingly from N537 per litre to N617 per litre, showing an additional N80 hike. The...
All You Need To Know About TotalEnergies’ $27 Billion Deal With Iraq
All is now set for the long-awaited US$27 billion four-pronged megadeal between France’s TotalEnergies and the Federal Government of Iraq has received the...
NNPCL set to destroy vessel caught with 800,000 litres of stolen crude oil
…a Senate Committee report on oil theft in Nigeria between January and August 2022 stated that Nigeria lost N1.3tr ($2 billion), a huge...
Oil theft: Military, security company intercept massive Turkish vessel with150,000 barrels illegally sourced crude in Delta
The Nigerian military in partnership with Tantita Security Services Ltd says it has intercepted a massive Turkish vessel carrying 150,000 barrels of illegally...
Updated: Tinubu gives presidential assent for $5bn Nigeria’s first Floating Liquefied Natural Gas project
In a bid to further boost Nigeria’s gas resources, President Bola Tinubu has given full presidential support to the implementation of the country’s...
$5bn Nigeria’s first Floating Liquefied Natural Gas (FLNG) project: Tinubu gives presidential support
The $5 billion project which will start in the fourth quarter of 2026, is expected to create 7,000 jobs. President Bola Tinubu has...
Fraudulent gas deal: Probe ex-Finance Minister, Ahmed, ministry officials, stakeholders urge Tinubu
The Bola Tinubu administration has been urged to launch an investigation into a fraudulent gas deal consultancy the immediate past Minister of Finance,...
Alleged $2.4bn revenue loss from phoney sale of 48m barrels of crude to China: House of Reps absolves NNPC, Kyari, others of any wrongdoing
“It would take about six months and 12 days for Nigeria produce up to 48 million barrels of Nigeria’s bonny light as it...
Subsidy Removal: Exploring the Facts behind the Figures By Femi Soneye
With Nigeria’s total debt stock projected to hit N80 trillion by the end of 2023 further subsidy payments could cause a total collapse...
Breaking: Nigeria, Congo, Angola get OPEC nod to produce “maximally’’ to their 2023 OPEC quota
Nigeria and other OPEC and non-OPEC members at the 35th Joint Ministerial Monitoring Committee Meeting of OPEC held in Vienna, Austria, on Sunday have...
NNPCL no longer sole importer of petrol, private marketers now free to import — NMDPRA
“So, it is not about the NNPC alone. For everybody in the sector, we make sure we guide their operations whether at the...
