Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Crude production: NNPCL, NCDMB, IOCs sign deal to reduce contracting cycle from 333 days to 180
In a bid to increase efficiency and reduce cost of crude per barrel, the Nigerian National Petroleum Company Ltd (NNPCL) and the Nigerian...
Kyari in New York, says Nigeria committed to use of gas as transition fuel, attain zero flare by 2026
In a bid to align to the United Nations Sustainable Development Goals, the Nigerian National Petroleum Company Ltd says the country is committed...
Transition to renewable energy: NNPCL signs to join UN Global Compact in New York
The Nigerian National Petroleum Company Ltd (NNPCL) on Thursday in New York, U.S. signed to become a participant of the United Nations Global...
Crude oil theft fight raises Nigeria’s crude oil production to 1.72m barrels per day in September — NNPCL
Nigeria’s crude oil production has been raised to 1.728 million barrels per day as at September 2023 following aggressive anti-crude oil theft efforts...
12.5kg cooking gas may hit N18,000 by December, NALPGM warns
The price of 12.5kg Liquefied Petroleum Gas (LPG) otherwise known as cooking gas may hit N18,000 by December if the Federal Government fails...
Nigeria’s GDP set to grow by $3bn as NNPCL, Indorama seal pact on gas supply
In its bid to reposition Nigeria as one of the largest producers of Urea in the western hemisphere, the Nigerian National Petroleum Company...
Breaking: Shake up in NNPCL: Three Executive Vice-Presidents retired, replacements named
Some sweeping changes have been made in the management of the Nigerian National Petroleum Company Limited (NNPCL) with the exit of three Executive...
NNPCL retail made N18.4bn profit in Q1 of 2023 from OVH Energy acquisition – Mele Kyari
NNPC Retail has made N18.4 billion in the first quarter of 2023 after acquiring OVH Energy, the Group Chief Executive Officer of the...
Smuggled Iranian Oil Enroute To China Seized By The US
The U.S. authorities seized nearly 1 million barrels of Iranian oil that were being illegally smuggled to China earlier this year, reports have...
NNPC Ltd not against sale of shares of Agip Oil to Oando — Muhammad
The Nigerian National Petroleum Company Ltd (NNPCL) says it is not opposed to the sale of the Nigerian Agip Oil Company Limited (NAOC)...
Nigeria now pumps1.67m barrels of crude oil, condensates daily — NNPCL GCEO, Kyari
Nigeria has raised its daily output of barrels of oil and condensates from a million to 1.67 million, Mr Mele Kyari, NNPCL Group...
Fight against crude theft: NSA lauds service chiefs, ministers, NNPCL leadership, community security contractors, others
The National Security Adviser, retired AIG Nuhu Ribadu, has commended the spirited efforts of the government security forces, community security contractors, and the...
Port Harcourt refinery back on stream in December, Warri, Kaduna follow in 2024, says Minister, Lokpobiri
“Warri will come on stream by the end of the first quarter of next year, and Kaduna will also come on board towards...
Oil Prices Under Pressure Across The Globe As Economic Concerns Mount
Oil prices fell in Asian trading early on Thursday, losing ground for a fourth consecutive day, as market participants are concerned about the...
BREAKING: Relief for Naira as NNPCL Ltd secures $3bn crude repayment Afrexim Bank loan
In a bid to salvage and stabilize the exchange rate and shore up the value of the Naira, the Nigerian National Petroleum Company...
One dead, three missing as Seplat Oil rig collapses
One person has been confirmed dead while three others are missing as Seplat ‘Majestic’ Oil rig collapsed near Ovhor in Delta State The...
