Oil & Gas

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

Tinubu Welcomes Brazil’s Oil Company Petrobras’ Imminent Return to Nigeria

President Bola Tinubu has welcomed the imminent return of Petrobras, Brazil’s state-owned oil company, to Nigeria. The company halted its joint venture operations...

Crude Oil Theft, a Sophisticated International Operation – NNPCL GCEO Ojulari

Mr. Bashir Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, has highlighted the complexity of crude oil theft...

NNPCL’s July Profit Takes a Nosedive: Records 79.6% Decline

The Nigerian National Petroleum Company Limited (NNPCL) has reported a significant decline in its profit after tax, dropping from N905 billion in June...

1.44bln Litres: Nigeria’s Fuel Consumption Takes a Dip in June 2025

Nigeria’s fuel consumption has taken a significant hit, dropping to 1.44 billion litres in June 2025, according to the Nigerian Midstream and Downstream...

Nigeria’s Crude Oil Production to Get 810,000 bpd Boost from New Deepwater Initiative

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled plans to increase the country’s crude oil production by 810,000 barrels per day (bpd)...

Job Losses, Business Shutdown Loom as Dangote Refinery Insists on Direct Supply

By Joycelyn Ellakeche Adah, Abuja Major Players in the downstream oil and gas sector have raised alarm over Dangote Refinery’s forward integration strategy,...

Dangote’s Direct Fuel Supply Plan Sparks Fears of Monopoly, Job Losses – NOGASA

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has expressed strong opposition to the planned direct supply of petroleum products by...

Oil Theft Crackdown: Military Dismantles 19 Illegal Refineries, Recovers N291m Crude

The Nigerian military says it has intensified its efforts to combat economic sabotage, kidnapping, and terrorism across the country with its Niger Delta’s...

NNPCL Mulls Sale of State-Owned Refineries Amid Revamp Challenges

The Nigerian National Petroleum Company Limited (NNPCL) says it is considering selling off state-owned refineries due to persistent challenges in revamping the facilities....

How Nigeria can accelerate gas development – Shell

Nigeria’s premier gas distribution company, Shell Nigeria Gas (SNG), has identified development of infrastructure and regulatory and fiscal stability as key drivers for...

Nigeria to Withdraw Dormant Oil Field Licenses – Lokpobiri

The Federal Government has declared an end to the era of dormant oil field licenses, warning that companies lacking the technical and financial...

NNPCL’s Chief Corporate Communications Officer, Femi Soneye, Steps Down

Mr. Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), has announced his resignation from his role,...

NUPRC Unveils Measures to Boost Oil Industry Transparency, Curb Theft

By Joycelyn Ellakeche Adah The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released new guidelines under the Nigerian Upstream Petroleum Advance Cargo Declaration...

NNPC Ltd. Partners Baker Hughes to Drive Growth in Nigeria’s Oil and Gas Sector

The Nigerian National Petroleum Company Ltd (NNPC Ltd.) is exploring a strategic partnership with Baker Hughes to enhance crude oil and gas production...

Nigeria Still Africa’s Top Oil Producer Despite Output Drop – OPEC

Despite a decline in production, Nigeria has retained its position as Africa’s largest crude oil producer, according to the Organization of the Petroleum...

PENGASSAN Urges Govt to Prioritize Security for Oil and Gas Infrastructure

The Petroleum and Natural Gas Senior Staff Association (PENGASSAN) has urged the federal government to address the escalating insecurity threatening the nation’s oil...