Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
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...
810m litres of petrol still in depots, tanks, outlets across Nigeria, says Mele Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari, has disclosed that about 810 million litres...
No money to finance petrol subsidy — Mele Kyari
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari, says Nigeria does not have the...
10 Benefits of Petroleum Subsidy Removal You Must Know
1. Infrastructural Development: Frees up public funds for more meaningful infrastructure and developmental program that stimulates industrialization, create jobs, economic growth and social...
Petrol subsidy removal not to be implemented until after June, says Tinubu’s media officials
“The panic-buying that has ensued as a result of the communication is needless; it will not take immediate effect’’ President Bola Tinubu’s announcement...
Tinubu’s scrapping of petrol subsidy will empower us to function as commercial entity, says NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) backed President Bola Tinubu’s scrapping of petrol subsidy with immediate effect. Persecondnews reports that as a...
Inside Mele Kyari’s Gas Credentials
By Femi Soneye In March 2021 a few months before the Petroleum Industry Act (PIA) came into force, President Muhammadu Buhari announced the...
Africa’s largest refinery, Dangote Petroleum Refinery and Petrochemicals, Lekki-Lagos inaugurated
Africa’s largest refinery, Dangote Petroleum Refinery and Petrochemicals planted in Ibeju-Lekki area of Lagos, was on Monday inaugurated by President Muhammadu Buhari and...
PlA: NNPCL/NUIMS leverage financial autonomy, clear huge backlog of Cash-Call debt owed Joint Venture partners
``Under the guidance of forward-thinking leadership and a series of strategic initiatives, NNPC Ltd leveraged its financial autonomy derived from the PIA to...
NNPCL, Army, Tantita Security bust crude oil theft by company licensed to lift sludge, vessel destroyed
``Further intelligence also revealed that a 1000 metric ton capacity barge was coming to berth alongside its jetty loaded with illegal crude oil...
Dangote, Elumelu at NUIMS AVAR workshop, laud NNPC’s groundbreaking work under Kyari
Kyari hopeful new NNPC will deliver maximally value for Nigerians in three years
Kyari urges African countries to prioritize investments in renewable energy infrastructure
In a bid to secure the future of offshore energy, the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPCL),...
