Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
NNPC Ltd, Afreximbank to raise $5 billion financing to support upstream Businesses
NNPC Ltd, Afreximbank to raise $5 billion financing to support upstream Businesses and facilitate energy supply and transition, NNPC GMD Mele Kyari disclosed...
Ahead of petrol subsidy removal, FG to convert 1m petrol vehicles to autogas
By Ajuma Edwina Ameh removal. The Minister of State for Petroleum Resources, Timipre Sylva, who disclosed this on Tuesday at a virtual...
Decision on petrol subsidy removal to come in June – NEC
The National Economic Council (NEC), has disclosed that a decision on the removal of the subsidy on petroleum will be made in...
NNPC Ltd Board: Uphold corporate governance, transparency, Buhari tells members
The Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Ltd has got a presidential directive on ensuring strict compliance with corporate...
Yuletide: Petroleum Minister urges love among Nigerians
As Nigerians commemorate Christmas, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has urged them to eschew bitterness and embrace...
Yuletide, New Year festivities: We have sufficient petroleum products, shun panic buying – NNPC
Ahead of Yuletide and New Year festivities, the Nigerian National Petroleum Company Ltd has once again given Nigerians strong assurance that it has...
Breaking news: NNPC Ltd vows to crash rising prices of domestic gas
In a bid to relieve Nigerians of the economic burden of paying more for cooking gas and put smiles on their faces...
June 2021 NNPC Monthly Financial and Operations Report (MFOR): Company posts ₦141.96bn trading surplus
The Nigerian National Petroleum Company (NNPC) Ltd says it recorded a huge trading surplus of ₦141.96 billion in June 2021 against a...
Global Energy Crises: Kyari, At World Petroleum Congress, Calls For More Oil & Gas Investments
The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mr Mele Kyari says more investments are needed in the oil...
Former DPR boss, Auwalu, busted for multi-million dollar fraud, returns huge sums of money
Following an audit team’s report exposing fraud, bookkeeping deficiencies, and abuse of office, Engr. Sarki Auwalu, a former boss of the Department...
20 days after, oil spill ravaging Opu Nembe in Bayelsa uncurtailed
More than 20 days after an oil spill which resulted in inferno broke out in Opu Nembe Community at the Southern field...
Monthly N250bn subsidy robs Nigeria of N3trn revenue annually from NNPC Ltd, says Finance Minister
The Nigerian National Petroleum Company Ltd (NNPC Ltd) is incapacitated to remit about N3 trillion yearly into the Federation Account because of...
PIA will bolster Nigeria’s oil & gas industry, promote transparency, attract capital flows — Wunti
With the operationalization of the Petroleum Industry Act (PIA), Nigeria’s oil and gas industry is set for a revolution, so says the Group...
Oil prices near $80 as US set to release 50mn barrels of oil to ease energy costs
Oil prices steadied near $80 a barrel on Tuesday after the United States announced plans to release up to 50 million barrels of...
Africa’s top crude oil producer: Libya overtakes Nigeria
With Libya’s oil production rising to 1.24 million bpd in October, it appears the North Africa country has overtaken Nigeria as Africa’s...
NNPC under Kyari’s helmsmanship has been transformed, says PPRAC
The Public Policy Research & Analysis Centre (PPRAC) has lauded the GMD/CEO of NNPC Ltd, Mallam Mele Kyari with the Zik Leadership...
