Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Oil Prices Hit $100, Russia Speaks Out
Oil prices hit a fresh seven-year high and Brent hit $99 a barrel early on Tuesday amid an escalation in the...
Why Nigeria’s oil and gas is less attractive to investors – Wunti, GGM, NAPIMS
The Group General Manager, the National Petroleum Investment Services (NAPIMS), Bala Wunti, has identified factors that make Nigeria’s oil and gas industry...
Fuel situation: NANS urges understanding, cooperation with NNPC to normalize supply chain
As the fuel supply situation is being pursued with vigour by the Nigerian National Petroleum Company Ltd and its subsidiary, the...
Fuel queues set to disappear as NNPC imports, takes delivery of 300m litres
To put an end to the long petrol queues being experienced in some parts of the country, the...
NNPC Ltd generates ₦2.61trn, petrol contributes 99.76% from August 2020 to August 2021 — Report
A total revenue of ₦2.61 trillion with petrol contributing about 99.76% was generated from the sales of white products from August...
Discovery of petrol with methanol: NMDPRA withdraws product, increases supply nationwide
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it has intensified efforts at increasing the supply of petrol into the...
BP records highest profit in last eight years
The London based BP oil company has seen its profits surge to the highest in almost a decade, thanks to rising crude and...
NNPC Ltd, Afreximbank to raise $5 billion financing to support upstream Businesses
NNPC Ltd, Afreximbank to raise $5 billion financing to support upstream Businesses and facilitate energy supply and transition, NNPC GMD Mele Kyari disclosed...
Ahead of petrol subsidy removal, FG to convert 1m petrol vehicles to autogas
By Ajuma Edwina Ameh removal. The Minister of State for Petroleum Resources, Timipre Sylva, who disclosed this on Tuesday at a virtual...
Decision on petrol subsidy removal to come in June – NEC
The National Economic Council (NEC), has disclosed that a decision on the removal of the subsidy on petroleum will be made in...
NNPC Ltd Board: Uphold corporate governance, transparency, Buhari tells members
The Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Ltd has got a presidential directive on ensuring strict compliance with corporate...
Yuletide: Petroleum Minister urges love among Nigerians
As Nigerians commemorate Christmas, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has urged them to eschew bitterness and embrace...
Yuletide, New Year festivities: We have sufficient petroleum products, shun panic buying – NNPC
Ahead of Yuletide and New Year festivities, the Nigerian National Petroleum Company Ltd has once again given Nigerians strong assurance that it has...
Breaking news: NNPC Ltd vows to crash rising prices of domestic gas
In a bid to relieve Nigerians of the economic burden of paying more for cooking gas and put smiles on their faces...
June 2021 NNPC Monthly Financial and Operations Report (MFOR): Company posts ₦141.96bn trading surplus
The Nigerian National Petroleum Company (NNPC) Ltd says it recorded a huge trading surplus of ₦141.96 billion in June 2021 against a...
Global Energy Crises: Kyari, At World Petroleum Congress, Calls For More Oil & Gas Investments
The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mr Mele Kyari says more investments are needed in the oil...
