Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Nigeria loses $700m monthly to monstrous oil theft in Niger Delta — NNPC
The monstrous oil theft and security challenges in the Niger Delta area of the country has cost a huge loss if 470,000 barrels...
NNPC deploys state-of-the-art surveillance technology, tracks crude oil theft, vandalism
As Nigeria continues to grapple with crude oil theft and pipeline vandalism with its attendant effects on the economy, the Nigerian National Petroleum...
Nigeria’s average daily petrol supply is 68m litres, NNPC insists
The Nigerian National Petroleum Company Limited (NNPC Ltd) has restated that the total volume of Premium Motor Spirit (petrol) imported into the country...
Russia completely and partially cut off 13 EU countries from gas
No fewer than 13 EU countries have either completely stopped receiving Russian gas or are partially cut off from it following Russia’s closure...
Nigeria‘ll stop importing petrol mid-next year, Mele Kyari assures
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, has disclosed that Nigeria will end...
Energy Security: FG floats National Oil Reserve Company on Build, Operate and Transfer arrangement — GCEO, NNPC, Kyari
A National Oil Reserve Company is floated to ensure energy security for Nigeria, the GCEO of the Nigerian National Petroleum Company Ltd (NNPC...
N4bn oil pipeline surveillance contract: Best decision to curb oil theft, says APC chieftain
A chieftain of the All Progressives Congress (APC) and activist, Dr Kailani Muhammad, has lauded the Nigerian National Petroleum Company Ltd (NNPC) for...
Kuwait raises oil production to 2.81 million barrels per day to meet growing demand
Kuwait has increased its crude oil production in line with the Opec+ output accord to meet growing demand, Deputy Prime Minister and Minister...
India has ‘moral duty’ to buy cheaper oil from Russia – Foreign affairs minister
India’s Foreign Minister Subrahmanyam Jaishankar on Tuesday said it is the government’s moral duty to provide cheaper oil to its citizens as pressure...
NNPC’s signing of new PSCs‘ll unlock opportunities in Upstream Sector, boost Direct Foreign Investment inflow
Barely a month after the unveiling of Nigerian National Petroleum Company Ltd (NNPC Ltd) by President Muhammadu Buhari, the company on Saturday announced...
Africa will decide its energy future – Obasanjo
JOHANNESBURG, South Africa, — In the midst of a global oil and gas crisis, Africa must take charge of its own energy destiny,...
Seplat/ExxonMobil $100m Bribery Gate: Heads may roll as Pres. Buhari orders investigation.
A $100 million bribe shared among top officials to secure the Federal Government’s botched approval in the share acquisition deal between Seplat Energy...
Presidential approval for Seplat’s acquisition of Exxon Mobil shares not true, says NUPRC
Contrary to some media reports on Monday about President Muhammadu Buhari’s approval of the acquisition of the shares of Exxon Mobil by Seplat...
Breaking: PENGASSAN, Addax Petroleum Branch, suspends ongoing strike
Orders normalcy be restored across all locations including OML 123, 124, 126 and 137 immediately
NNPC Ltd now responsive, accountable private company ready to deliver value, dividends to shareholders, says GCEO Kyari
With the transition of the Nigerian National Petroleum Corporation (NNPC) to the Nigerian National Petroleum Company Limited on Tuesday, the company has now...
