Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
NNPC Ltd’s Kyari, U.S. Sen. Kerry, Moynihan, others brainstorm on climate issues at COP28 in UAE
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Malam Mele Kyari, has joined other global personalities in Dubai, United...
FCTA demolishes illegal oil refining warehouse in Mabushi, Abuja
The Federal Capital Territory Administration (FCTA) has discovered and demolished an illegal oil refining warehouse in Mabushi area of Abuja. The head of...
NNPCL ranks third for free cash flow generation among African oil companies by 2024 – Report
The Nigerian National Petroleum Company Limited (NNPC Ltd) has been ranked third for free cash flow generation by oil companies in Africa by...
2024 budget: Oil benchmark fixed at $77.96, exchange rate of 750 to dollar
President Bola Tinubu on Wednesday announced an oil benchmark of $77.96 and the Naira at N750 to a dollar for the 2024 of...
FG pledges 5bn cubic feet of gas supply to domestic, export markets
The Federal Government has pledged five billion cubic feet of gas per day to domestic and export markets. Persecondnews reports that with this,...
Pres. Tinubu reappoints Mele Kyari GCEO of NNPC Ltd, constitutes board
All the appointments take effect from December 1, 2023, according to a statement by Chief Ajuri Ngelale, the Special Adviser to the President...
Kyari To Senate: We Have Robust PMS Supply to Last Beyond Yuletide, New Year Festivities
The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, has said the company has already made a robust plan for the...
Nigeria, Argentina to partner on gas exploration, production, says NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a possible gas exploration and production partnership with Argentina. The announcement was made via...
At NAPE 2023 Conference: NNPC Ltd bags Best Innovative Company Award
The Nigerian National Petroleum Company (NNPC) Ltd. has emerged as the 2023 Best Innovative Company of the Year at the just concluded 41st...
Dangote secures permit to process 300,000 barrels of Nigerian crude daily
Africa’s richest man, Aliko Dangote, says Dangote Refinery has secured license to refine more than 300,000 barrels of Nigerian crude per day and...
Hostilities between Russia and Ukraine has taken its toll on our inflow into international market – NNPC Ltd.
The Russia-Ukraine Crisis has triggered unprecedented ripple effects in the global economic space, with the Nigerian National Petroleum Company Limited (NNPC Ltd.) suffering...
NNPC/Aiteo Joint Venture Launches Nembe Crude Oil Grade
The NNPC/Aiteo Joint Venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade, into the international crude oil...
NNPCL’s Failure To Remit $15bn Oil Revenues Into Federation Account Not True — Spokesman
The Nigerian National Petroleum Company Limited (NNPCL) has denied reports that it failed to remit $15 billion in oil revenues into the Federation...
Again, Pres. Tinubu, Kyari lauded for reviving the nation’s oil and gas sector
For reviving the nation’s oil and gas sector, President Bola Tinubu and the Group CEO of the Nigeria National Petroleum Company Limited (NNPCL), Malam...
FG’s foreign exchange liquidity booster: NNPCL, Qatar to provide $10bn inflow
The Nigerian National Petroleum Company Ltd (NNPCL) and Qatar are to mobilize $10 billion for the Federal Government to ease liquidity crunch in...
FG not paying petrol subsidy again — NNPCL GCEO, Kyari
Contrary to insinuations on the social media, the Bola Tinubu administration has not returned to payment of subsidy to any person or group...
