Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Accountability: NNPC consolidates gains, complies with Buhari’s directive, publishes 2020 Audited Financial Statements
In compliance with President Muhammadu Buhari’s directive and its statutory requirement, the Nigerian National Petroleum Corporation (NNPC) has published its Audited Financial Statements (AFS) on...
NNPC GMD’s transformation agenda excites DPR boss
The Director of the Department of Petroleum Resources (DPR), Mr Sarki Auwalu has hailed the transformative initiatives of the Group Managing Director...
Shell intervenes in Nigeria’s tertiary education, donates multimillion-dollar projects to FG’s Maritime University in Delta
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners have provided multi-million dollar infrastructure for the Federal...
NNPC hand in glove with Buhari’s vision to make Nigeria Africa’s oil refining hub, reduce petroleum products importation — Kyari
The Nigeria National Petroleum Corporation (NNPC) is irrevocably committed to the Buhari administration’s vision of making Nigeria the refining hub in Africa, towards reducing...
NNPC GMD, Kyari gives reasons why cross-border petrol smuggling remains intractable
“The activities of smugglers had made it difficult for Nigeria to determine the actual consumption figures for petrol, pointing out that the...
Buhari excited about another feat by 44-year-old NNPC, announces N287bn as its 2020 profit-after-tax
Another first, landmark achievement has been recorded by the Buhari administration, this time in the Nigerian National Petroleum Corporation (NNPC) under the...
Federal lawmakers at an interactive session, laud NNPC’s Kyari, say “You Have Made Our Day”
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday received accolades from the House of...
PIA: 3% allocation to host communities may be low in percentage but bigger in value — Kyari
By Ajuma Edwina Ameh Throwing a lifebelt into some issues in the Petroleum Industry Act (PIA), the Group Managing Director...
PIA: The next 25 years will be defining for Nigeria’s energy industry — Osinbajo
The Vice-president, Prof. Yemi Osinbajo (SAN) has said that the Petroleum Industry Act (PIA) will define Nigeria’s energy industry in the next...
OML 11: Shell will not be allowed to return to our land, Ogoni leaders vow
Following the Court of Appeal landmark judgment which handed over the management of Oil Mining License (OML) 11 to the Nigeria...
Court judgment on OML 11: NNPC hails verdict as NPDC resumes operation
…says it an opportunity to implement a robust host community engagement strategy to address subsisting issues “We now have an opportunity...
International oil companies must pay the $4bn owed NDDC, says Akpabio
…East-West road will be ready for inauguration in 2022 International oil companies (IOCs) will be made to pay back the $4 billion...
PIA will transform Nigeria to hub of business opportunities, promote corporate governance in oil and gas industry, says NNPC GMD, Kyari
The Petroleum Industry Act (PIA) just accented to by President Muhammadu Buhari will transform the nation’s petroleum industry into a hub of business...
Petroleum Industry Act: NNPC to be incorporated as private company under the Company Allied Matters Act (CAMA) in six months — Kyari
…All the liabilities and assets of the NNPC will be transferred to the new company. Some toxic assets may be excluded Aftermath...
NNPC nets ₦43.57bn surplus in April, about N8bn higher than in March
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57 billion in April 2021 representing a 23.64 per cent...
Shell exit from Nigeria: NNPC to unveil a Comprehensive Divestment Policy (CDP) to guide divestment process
As Shell Petroleum Development Company (SPDC) and other oil majors begin divestment of their investments in Nigeria following a growing appetite for...
