Oil & Gas

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

FG, NNPCL, Petroleum Resources Ministry secure judgment over oil mining leases formerly operated by ADDAX

The Federal Government and the Nigerian National Petroleum Company Ltd (NNPC Ltd) have secured a landmark judgment over oil mining leases formerly operated...

Crude oil production, price benchmark for 2024 budget is achievable – NNPCL

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.), the largest oil producer and supplier in Africa, has assured that the projected crude oil...

Nigeria records 127 crude oil thefts Dec. 2 to Dec. 8 – NNPCL

The Nigerian National Petroleum Company Ltd (NNPC Ltd) said it recorded 127 crude oil thefts within seven days between December 2 and December...

Dangote confirms receiving maiden 1m barrels of crude

The Dangote Oil Refining Company says it has received its maiden one million barrels of Agbami crude grade which is the first phase...

COP28: NNPC Ltd seals two deals in Dubai, to comercialise LNG for domestic and International market

In its bid to commercialise and enhance Nigeria’s gas revenue, the Nigerian National Petroleum Company Ltd. (NNPC Ltd) has signed two major deals...

NNPC joins world partners to reduce Methane emissions – Eyesan, NNPC Ltd’s Executive Vice-President, Upstream

The Nigerian National Petroleum Company Ltd (NNPC Ltd) has expressed its commitment to work with global partners towards reducing methane emissions in the...

Oil theft: 163 incidents recorded,16 suspects arrested in Niger Delta in one week

The Nigerian National Petroleum Company Ltd. (NNPC Ltd) has matched its words with action in the war against crude oil theft with the...

COP28: Kyari to world energy leaders: A just energy transition for Africa is realistic

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Mele Kyari, at the ongoing COP 28 in...

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...