Oil & Gas

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

Crude oil theft, vandalism: Sylva, Kyari, Service Chiefs, others on morale-boosting visit to frontline troops

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has led a high-powered delegation of service chiefs, GCEO of NNPC Ltd, Mele...

NNPC denies exporting 17.877m barrels of crude oil, says it’s yellow journalism

The Nigerian National Petroleum Company Limited (NNPCL) has distanced itself from an online publication report that it exported 17.877 million barrels of crude...

Nigeria’s energy transition plan, recipe for renewed violence — Spaces for Change Executive Director

The Executive Director, Spaces for Change (S4C), Victoria Ibezim-Ohaeri, says the neglect of oil-producing communities in the Energy Transition Plan (ETP) will be...

Oil theft substantially curtailed by new security architecture in Niger Delta — Wunti

Upbeat by the successes being recorded in the fight against crude oil theft and pipeline vandalism, the Chief Investment Officer of the NNPC...

Oil theft figures: Navy did not indict NNPCL, says media report inaccurate, bundle of lies

The Nigerian Navy has described as untrue and concocted tissues of lies a report credited to it that the Nigerian National Petroleum Company...

FG gives details of N625.43bn 13 per cent oil derivation refunds disbursed to 9 oil-producing states

The nine oil-producing states in the country received a total of N625.43 billion 13 percent oil derivation, subsidy and SURE-P refunds from the...

NNPC seals $1.4bn financing deal for Kolmani field project

Barely two weeks after the presidential flag off of the Kolmani oil field site, the first oil drilling in Northern part of the...

Queues at Abuja filling stations a local problem, will vanish soon, says NNPC GMD

Petrol queues: NNPC says ongoing road construction in Lagos hinders access to depots

"The gridlock is easing out and NNPC has programmed vessels and trucks to unconstrained depots and massive loadouts from depots to various states...

Petrol scarcity heightens in Abuja as black marketers now sell N500 per litre

By Samuel Akpan Petrol scarcity in the Federal Capital Territory continued unabated on Tuesday with motorists, two-wheeler and three-wheeler operators spending several hours...

Oil Prices Fall To A Two-Month Low

Oil Prices fell to near two-month lows on Monday as demand concerns emanating from China, the world’s second-largest economy, continue to weigh on...

Nigeria’s UTM Offshore Ltd, three foreign technical partners sign multi-billion dollar agreement for first floating LNG facility

Nigeria’s energy transition programme received a boost on Wednesday with UTM Offshore Limited, an indigenous firm, signing an agreement with three foreign technical...

Oil theft: FG, multinationals must secure nation’s pipelines — Ikpea

Worried by the loss of billions of dollars to crude oil theft in the country, an engineering firm has asked the Federal Government...

Oil prices fall as China signals no change to zero-Covid policy

Oil prices fell on Monday trading after China, the world’s largest crude importer and second-biggest economy, reiterated its commitment to its zero-Covid policy,...

Nigeria’s oil and gas industry leaps forward as protracted dispute on Addax OMLs 123/124, 126/137 blocks resolved

Following an amicable resolution of the  protracted dispute on OMLs 123/124, 126/137, operated by Addax Petroleum Nigeria Limited,  the management of the Nigerian ...

N90bn public relations expenditure not true, a bush telegraph — NAPIMS

The National Petroleum Investment Management Services (NAPIMS) has described as fake news and product of rumour mill that it spent about N90 billion...

PIA: NNPC Ltd announces appointments of five Executive Vice-Presidents

As part of  the ongoing reforms aimed at repositioning it to effectively compete globally, the Nigerian National Petroleum Company Ltd (NNPCL) has announced...