Oil & Gas

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

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....

Dangote Refinery Brings Relief as Petrol Price Drops to N699/Litre

The Dangote Petroleum Refinery says it has again reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre....

NNPCL Reports Pipeline Blast in Delta, Launches Investigation

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that an explosion occurred in its oil pipeline near the Tebijor, Okpele, and Ikpoро...

Just In: NNPC Posts Record N5.4trn Profit in 2024, Revenue Hits N45.1trn

The Nigerian National Petroleum Company Limited (NNPCL) has announced a staggering profit after tax (PAT) of N5.4 trillion for 2024, marking a significant...

NNPC Ltd. Calls for Strategic Partnerships to Unlock Downstream Sector Potential

The Nigerian National Petroleum Company Limited (NNPC Ltd) has restated the crucial need for strategic partnerships to unlock value, drive sustainability, and accelerate...

Shell Invests $2bln in Nigeria’s Offshore Gas Project

Global energy giant Shell has announced a $2 billion investment in the development of the HI Field, a shallow offshore Non-Associated Gas project...

Nigeria’s Crude Oil Production Drops to 1.39m BPD – OPEC

Nigeria’s crude oil production declined to 1.39 million barrels per day (bpd) in September 2025, according to the latest Monthly Oil Market Report...