Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Judicial meddlesomeness in NNPCL’s board’s chairmanship: Threat to company’s stability, corporate governance, investment drive
By Dele Akinsola The judicial pronouncement of a Federal High Court in Abuja, “annulling’ ‘a presidential nomination and appointment of the non-executive Chairman...
Court judgment restoring Ararume as NNPCL’s non-Executive Chairman, usurpation of President’s powers, recipe for anarchy — CACSG
The Coalition of Arewa Civil Society Group (CACSG) has criticized a judgment of the Federal High Court in Abuja, restoring Senator Ifeanyi Ararume...
Appointment, remuneration, tenures of NNPC Ltd GCEO, CFO are in order — NUPENG, PENGASSAN
Following the controversy trailing the appointments, remuneration and tenures of the Group Chief Executive Officer and the Chief Financial Officer of the Nigerian...
NNPCL Board: Court nullifies Ararume’s removal by Pres. Buhari as Chairman, reinstates him
A damning judgment against President Muhammadu Buhari’s order, removing Senator Ifeanyi Godwin Ararume as non-executive Board Chairman of the Nigerian National Petroleum Company...
NNPCL And Appropriateness Of The Transitions Within
by Engr Opeyemi Omolade The defunct Nigerian National Petroleum Corporation (NNPC) has undergone a series of transitions from its old order to become...
Alleged N20bn paid to “ghost consultants’’: It’s cheap blackmail, false, baseless report — NNPCL
Contrary to an online media platform’s report, the Nigerian National Petroleum Company Ltd (NNPCL) says it is not true that it paid the...
Barely 58 days to go, Minister resigns from Buhari’s cabinet
With less than 58 days to the end of the President Muhammadu Buhari administration, a minister of cabinet rank has thrown in the...
NNPC targets 50bn barrels of hydrocarbon reserves as Buhari flags off oil well in Nasarawa
President Muhammed Buhari on Tuesday flagged off the official commencement of the first exploration and oil drilling activities in Nasarawa State. Speaking at...
Another crisis rocks Seplat Energy as it terminates consultancy agreement with ex-chairman
An end is not in sight yet to the crisis rocking Seplat Energy as its Board of Directors unanimously terminated the consultancy agreement...
More troubles for Seplat Energy Plc CEO, Roger Brown, as group demands his prosecution in court
A human rights and good governance advocacy group – Make A Difference Initiative (MADI) – has called on the Federal Government to prosecute...
Aramco’s profit soars 46% to record $161bn on higher oil prices
Saudi Arabia’s Aramco the world’s largest oil-exporting company, said annual net profit surged 46 per cent in 2022, driven by higher oil prices Amin...
Allegations of sabotage against NNPCL Vice-President, Adokeiye, baseless, tissues of lies
The allegations of oil facilities sabotage levelled against the Executive Vice-President of of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr Tombomeiye Adokeiye,...
After revocation of his work visa, and residence permits, court sacks Seplat CEO
After the revocation of his work, visa, and residence permits, the CEO of Seplat Energy Plc, Mr Roger Brown, has been restrained from...
NNPC Ltd leveraging gas as transition and destination fuel, deploying gas for electrification, domestic industries exports — Chief Upstream Investment Officer, Bala Wunti
The Nigerian National Petroleum Company Ltd’s shift from production of oil with associated gas to the production of gas with associated oil will...
Nigeria’s crude output to hit OPEC’s 1.8m barrels per day — Kyari, says NNPC is winning oil theft war, combating crude losses
Nigeria’s crude oil production output is steadily growing and it is expected to hit the 1.8 million barrels per day OPEC quota, according...
