Oil & Gas

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

NNPCL Commissions 1.5 Tesla MRI at NAUTH in Landmark CSR Move

By Samuel Akpan In a significant stride towards improving healthcare accessibility in Nigeria’s South-East, the Nigerian National Petroleum Company Limited (NNPC Ltd) has...

Olu Verheijen’s Strategic Energy Reforms Propel Nigeria to Africa’s Top Oil and Gas Investment Destination Under Tinubu

Nigeria has emerged as Africa’s leading destination for oil and gas investment, following an extraordinary energy sector transformation driven by President Bola Ahmed...

N210tn Probe Claims Against Bala Wunti Are False, Group Fires Back, Celebrates Oil Giant’s Reform Legacy

A civic advocacy group, Agenda for Positive Change, led by Titus Danladi-Biu, has strongly condemned what it described as a malicious campaign of...

Nigeria’s Energy Crisis: Dangote Unveils 20,000MW Plan

Following decades of unmet government targets and chronic grid instability, the Dangote Group is pivoting toward a massive 20,000-megawatt power initiative. This intervention...

₦210tn NNPCL Claim: Prove It or Withdraw It, Group Tells Senate

The Fiscal Accountability Committee of Tomorrow, FACT, has challenged the Senate to either substantiate its controversial ₦210 trillion claim against the Nigerian National...

Major Breakthrough for OB3: NNPCL Completes Strategic River Niger Crossing

By Samuel Akpan The Nigerian National Petroleum Company Limited (NNPC) has successfully completed the River Niger section of its ambitious 130-kilometre Obiafu-Obrikom-Oben (OB3)...

Jet Fuel Crisis: Tinubu Sacks NMDPRA Chief Mohammed, Names Umar as Replacement

In a decisive leadership change, President Bola Tinubu has sacked NMDPRA Chief Executive Saidu Mohammed, replacing him with Rabiu Umar. The dismissal, announced...

Seplat hits ₦10,000 mark, becomes NGX’s first five-digit stock

By Maryanne Awuya Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to surpass the ₦10,000...

₦1,400 Per Litre: Calls Grow for FG to Tackle Rising Fuel Costs

ActionAid Nigeria has called on the Federal Government to implement urgent measures to mitigate the impact of soaring fuel prices, which have climbed...

NNPCL Sets Sights on Tripling Nigeria’s Gas Reserves, Securing $60bln in New Funding

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has rolled out ambitious strategies designed to dramatically expand the country’s natural gas holdings while...

Fuel Price Relief: Dangote Refinery Slashes Petrol Gantry Rate to ₦1,200

The Dangote Petroleum Refinery has announced a strategic reduction in the gantry price of Premium Motor Spirit (PMS), setting the new rate at...

NUPRC strikes high-stakes offshore deal to unlock Nigeria’s next oil frontier

By Joycelyn Ellakeche Adah Nigeria’s drive to ramp up oil exploration has received a major boost as the Nigerian Upstream Petroleum Regulatory Commission...

Oil Hits $112 per Barrel as Nigeria’s Petrol Prices Climb

Crude oil prices have surged to above $112 per barrel as the Iran-United States-Israel war escalation entered day 21 on Saturday amid a...

It’s Now N1,245 per Litre: Dangote Refinery Implements 4th Petrol Price Hike in 3 Weeks

For the fourth time in March, Dangote Refinery has hiked petrol prices, citing global instability as the primary driver. According to a Friday...

Nigeria’s Oil Output Declines Sharply in February Amid Persistent Challenges

Nigeria’s total hydrocarbon output, comprising crude oil and condensates, saw a sharp 9% month-on-month contraction in February 2026. According to the latest data...

Nigeria Secures ₦1.71trn Trade Surplus in Q4 2025 as Crude Oil Shipments Decline

Nigeria closed out the final quarter of 2025 with a healthy trade surplus amounting to ₦1.71 trillion, even as overall export volumes slipped,...