Oil & Gas

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

Dangote Refinery Poised to Deliver 60-65 Million Litres of Petrol Daily

Nigeria’s energy landscape is shifting as the Dangote Petroleum Refinery prepares to supply 60 to 65 million litres of petrol (PMS) daily—enough to...

Tinubu strips NNPC of billions in sweeping oil revenue shake up

President Bola Ahmed Tinubu has issued a sweeping executive order that could fundamentally reshape Nigeria’s oil revenue architecture, stripping the Nigerian National Petroleum...

NNPC Ltd Smashes Records with N5.76trn 2025 Profit-After-Tax

The Nigerian National Petroleum Company (NNPCL) Limited has disclosed a substantial profit-after-tax of N5.76 trillion for the 2025 financial year, highlighting a strong...

Gas Supply Facility Maintenance Will Affect Power Generation, NISO Warns

By Joycelyn Ellakeche Adah Electricity generation across the country may dip temporarily as scheduled maintenance on a major gas supply facility disrupts fuel...

Otedola Lauds Dangote Refinery’s Historic 650,000 bpd Milestone in Achieving Full Output

Billionaire and philanthropist Femi Otedola has extended heartfelt congratulations to Aliko Dangote, the President of the Dangote Group, following the announcement that the...

Nigeria Edges Up Oil Output to 1.459m bpd in January, Yet Trails OPEC 1.5m bpd Target

Nigeria saw a marginal increase in crude oil output last month, reaching 1.459 million barrels per day (bpd). While the uptick reinforced Nigeria’s...

Bonga FPSO Shutdown for Maintenance, Nigeria’s Oil Output to be Affected

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the shutdown of the Bonga floating production, storage, and offloading (FPSO) facility for scheduled...

NNPCL Unveils Ambitious Gas Master Plan 2026 to Boost Economic Growth

Nigeria has taken a significant step towards harnessing its vast gas reserves to drive economic growth and industrialization with the launch of the...

Nigeria’s Gas Flaring Hits 203.9bn scf in 2025 – NUPRC

Despite achieving over 92% gas utilisation, Nigeria flared a staggering 203.9 billion standard cubic feet of natural gas in 2025, highlighting the country’s...

RMAFC Flags Off Verification of Disputed Oil and Gas Wells in Niger Delta

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commenced the official mapping of coordinates for disputed and newly drilled oil and gas...

NNPC Ltd Congratulates Chevron on Successful Awodi-07 Well Exploration

The Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited on the successful completion of the Awodi-07 appraisal and exploration...

Bayelsa Operation: DSS Arrests 2 Sea Pirates, Foils Crude Oil Vessel Hijack

A DSS intelligence-led operation in Bayelsa State has uncovered a criminal network targeting vessels in the Gulf of Guinea. On Saturday, operatives stormed...

Pres. Tinubu Approves Incentives for Shell’s Bonga South-West Project

President Bola Tinubu has approved investment-linked incentives to support Shell Plc’s proposed Bonga South-west deep-offshore oil project. The move aims to attract new...

U.S. Attack on Venezuela Triggers Sharp Drop in Oil Prices

The capture of Nicolás Maduro in a U.S. raid triggered a drop in oil prices this Monday. Markets are bracing for a surge...

NNPCL Invites Bids for Oil and Gas Assets Amid Union Opposition

The Nigerian National Petroleum Company Limited (NNPCL) has put some of its oil and gas assets up for sale, inviting bids from interested...

Oil Regulatory Agencies Shake-up: Ahmed, Komolafe Resign, Tinubu Nominates Replacement

The chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have resigned....