Oil & Gas

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

No money to finance petrol subsidy — Mele Kyari

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari, says Nigeria does not have the...

10 Benefits of Petroleum Subsidy Removal You Must Know 

1. Infrastructural Development: Frees up public funds for more meaningful infrastructure and developmental program that stimulates industrialization, create jobs,  economic growth and social...

Petrol subsidy removal not to be implemented until after June, says Tinubu’s media officials

“The panic-buying that has ensued as a result of the communication is needless; it will not take immediate effect’’ President Bola Tinubu’s announcement...

Tinubu’s scrapping of petrol subsidy will empower us to function as commercial entity, says NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) backed President Bola Tinubu’s scrapping of petrol subsidy with immediate effect. Persecondnews reports that as a...

Inside Mele Kyari’s Gas Credentials

By Femi Soneye In March 2021 a few months before the Petroleum Industry Act (PIA) came into force, President Muhammadu Buhari announced the...

Africa’s largest refinery, Dangote Petroleum Refinery and Petrochemicals, Lekki-Lagos inaugurated

Africa’s largest refinery, Dangote Petroleum Refinery and Petrochemicals planted in Ibeju-Lekki area of Lagos, was on Monday inaugurated by President Muhammadu Buhari and...

PlA: NNPCL/NUIMS leverage financial autonomy, clear huge backlog of Cash-Call debt owed Joint Venture partners

``Under the guidance of forward-thinking leadership and a series of strategic initiatives, NNPC Ltd leveraged its financial autonomy derived from the PIA to...

NNPCL, Army, Tantita Security bust crude oil theft by company licensed to lift sludge, vessel destroyed

``Further intelligence also revealed that a 1000 metric ton capacity barge was coming to berth alongside its jetty loaded with illegal crude oil...

Dangote, Elumelu at NUIMS AVAR workshop, laud NNPC’s groundbreaking work under Kyari

Kyari hopeful new NNPC will deliver maximally value for Nigerians in three years

Kyari urges African countries to prioritize investments in renewable energy infrastructure

In a bid to secure the future of offshore energy, the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPCL),...

NNPCL GCEO Mele Kyari Receives Outstanding Employer of The Year 2022 Award from TUC

The NNPCL has won an Outstanding Employer of the Year award (2022) from the Trade Union Congress (TUC).     The Trade Union...

Alleged $2.4bn illegal crude oil sale to China: What you need to know about the subtle, close-knit plot to fleece Nigeria of millions of dollars of its crude oil through blackmail, intimidation

The prosecution of the petitioners which started in 2019 suffered setbacks due to a series of adjournments caused by the absence of the...

Investment drive: NNPC, Norway’s Golar sign agreement to build floating LNG plant in Nigeria

As part of its foreign investment drive, the Nigerian National Petroleum Company Ltd (NNPCL) has signed a Memorandum of Understanding (MoU) with Golar...

NNPCL intervenes in PENGASSAN-Mobil industrial crisis, 14-day-old strike called off

Following the intervention of the leadership of the Nigerian National Petroleum Company Ltd (NNPCL), the 14-day-old industrial action embarked upon by PENGASSAN has...

AKK gas pipeline project 70% complete, commences operation September, says Kyari

Within the third quarter of this year, the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project is expected to begin supplying gas along that...