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Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Oil theft figures: Navy did not indict NNPCL, says media report inaccurate,…
The Nigerian Navy has described as untrue and concocted tissues of lies a report credited to it that the Nigerian…
FG gives details of N625.43bn 13 per cent oil derivation refunds disbursed…
The nine oil-producing states in the country received a total of N625.43 billion 13 percent oil derivation, subsidy…
NNPC seals $1.4bn financing deal for Kolmani field project
Barely two weeks after the presidential flag off of the Kolmani oil field site, the first oil drilling in Northern…
Petrol queues: NNPC says ongoing road construction in Lagos hinders access…
"The gridlock is easing out and NNPC has programmed vessels and trucks to unconstrained depots and massive loadouts…
Petrol scarcity heightens in Abuja as black marketers now sell N500 per…
By Samuel AkpanPetrol scarcity in the Federal Capital Territory continued unabated on Tuesday with motorists,…
Oil Prices Fall To A Two-Month Low
Oil Prices fell to near two-month lows on Monday as demand concerns emanating from China, the world’s…
Nigeria’s UTM Offshore Ltd, three foreign technical partners sign…
Nigeria’s energy transition programme received a boost on Wednesday with UTM Offshore Limited, an indigenous firm,…
Oil theft: FG, multinationals must secure nation’s pipelines —…
Worried by the loss of billions of dollars to crude oil theft in the country, an engineering firm has asked the…
Oil prices fall as China signals no change to zero-Covid policy
Oil prices fell on Monday trading after China, the world’s largest crude importer and second-biggest economy,…
Nigeria’s oil and gas industry leaps forward as protracted dispute on Addax…
Following an amicable resolution of the protracted dispute on OMLs 123/124, 126/137, operated by Addax Petroleum…
N90bn public relations expenditure not true, a bush telegraph —…
The National Petroleum Investment Management Services (NAPIMS) has described as fake news and product of rumour…
PIA: NNPC Ltd announces appointments of five Executive Vice-Presidents
As part of the ongoing reforms aimed at repositioning it to effectively compete globally, the Nigerian National…
Opec agrees to cut output by 2 million bpd
The 23-member Opec+ alliance agreed to slash its November output by 2 million barrels per day on Wednesday,…
Just in: Despite distraught operating environment, NNPCL announces…
In spite of the challenging operating environment, the Nigerian National Petroleum Company Ltd (NNPCL) has posted a…
Oil prices post first quarterly loss ahead of OPEC + meeting
Global oil prices posted their first quarterly loss in two years at the end of a volatile trading week on Friday,…
Revealed! How ExxonMobil, partners overspent $138bn in decades-long energy…
Oil and natural gas projects that ExxonMobil invested in between 1998 and 2017 ended up costing $138 billion more…
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